DIGI Nepal Fintech Challenge Launched to Boost Digital Innovation in Nepal’s Fintech Sector

A vibrant and modern illustration representing digital innovation in fintech. The image features abstract elements like interconnected digital network

KATHMANDU, Aug 13: The Swiss Agency for Development and Cooperation (SDC) has launched the DIGI Nepal Fintech Challenge, implemented by True North Associates (TNA), to foster digital innovation in Nepal’s fintech industry.

This initiative invites digital technology providers and innovators to submit applications for solutions that can enhance Nepal’s fintech landscape. Applications can be submitted via the form available at www.tna.com.np/fintechchallenge until August 31, 2024.

The program will select five applicants to join an accelerator, offering funded technical assistance aimed at refining their business models and products. Participants will benefit from hands-on workshops, mentorship, networking opportunities with investors and industry stakeholders, and potential access to Swiss expertise.

At the conclusion of the accelerator program, one digital technology company will be chosen to pilot their innovation in the market. Selected participants may also receive co-funding grants from the SDC to support their go-to-market strategy.

The DIGI Nepal Fintech Challenge is part of the broader “Digital Innovation for Growth and Inclusion in Nepal (DIGI Nepal)” project, funded by the SDC.

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