EFInA’s focus on supporting innovation to promote financial sector development and financial inclusion is implemented through the EFInA Innovation Fund and a series of innovation fora.
Through the Partnerships & Innovations pillar, EFInA is working closely with a range of stakeholders, such as the regulators and financial service providers (banks and non-banks) to test evidence-based use cases that support scalable deployment of relevant and affordable (pro-poor) digital financial products that work for all. The Partnerships & Innovation pillar aims to achieve the following:
Support the co-creation and implementation of financial products that increase access to financial services for the un(der)banked.
Demonstrate and incentivise worthwhile innovation around pro-poor financial inclusion while building sustainable business cases for replication in the industry.
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