Village Capital FinTech: Mexico 2016

Village Capital, in partnership with PayPal and BlackRock, is hosting a 3-month business training program for innovative early stage FinTech ventures from throughout Mexico. The program will be held in Mexico City, but will bring together prominent stakeholders, leading investors and industry experts from across the country in efforts to collectively tackle these issues around financial inclusion.

At the end of the program, the top 2 peer-selected ventures will receive an offer for $75,000 USD investment in pre-committed capital from Village Capital and Pomona Impact.

Applications close February 1st, and will be reviewed on a rolling basis. We encourage ventures to apply early, as those applications will receive greater consideration over those received later.

Village Capital and its partners seek financial technology entrepreneurs with market-based solutions that:

- Develop user-friendly products and services that align with needs of the underbanked and SMBs in the Mexican context;
- Innovate in credit scoring to enable affordable access to credit;
- Reliably authenticate user identity, such as through blockchain, biometrics, behavioral data, and open networks;
- Increase financial literacy and provide incentives for cash-centric consumers to adopt traditional and digital financial services;
- Improve distribution channel infrastructure, enabling financial institutions to affordably and efficiently serve rural and urban unbanked populations.

Furthermore, eligible enterprises must:
- Have at least 1 full-time employee
- Have meaningful customer validation (this is not limited to revenue, but can include betas, pilots, strategic partnerships, etc.)