August 12th, 2021 (Mexico City, MX) —Village Capital, with support from MetLife Foundation in Brazil and Mexico, and Moody’s, announced that 12 startups were selected to take part in Finance Forward Latin America 2021, an accelerator program for early-stage financial health startups in the region.
The open call had a focus on technology that helps gig, contract, and essential workers reduce income volatility, upskill their skill sets, and access better benefits and emergency cash. In total, 95 startups from 11 countries in Latin America applied to be a part of the accelerator, including: Brazil, Ecuador, Guatemala, Mexico, Peru, and Uruguay.
The final cohort is composed of the top 12 companies from 5 different countries. These companies are creating solutions around payroll financing, SMBs management, and P2P lending, among others, and 50% of them are working from outside major fintech hubs.
From August to November, selected startups will participate in virtual workshops on improving investment-readiness. Each company will have the opportunity to work closely with industry experts, investors, and ecosystem partners to develop the networks they need to scale their impact.
Here are the 12 selected startups:
The participating entrepreneurs will benefit from Village Capital’s experience, including the opportunity to work closely with industry experts, investors, and ecosystem partners to develop the networks they need to scale their impact. The program will disburse USD $100K in grants to a subset of the program participants.
For more information, reach out to Sofía Cándano at Village Capital (email@example.com).