11th March 2019
Out of 118 applicants, microLEAP was selected as one of the Top 18 teams for the UNCDF (United Nations Capital Development Capital Fund) B40 Challenge. Several teams at various stages of their investment cycle, from Early Venture such as microLEAP, to Series A and to Growth, were selected for UNCDF’s financial innovation accelerator programme. Teams were selected based on their solutions and models that could drive usage of financial services beyond access to bank accounts and address the needs of the Bottom 40% income group (B40) in Malaysia.
The UNCDF has partnered with BNM (Bank Negara Malaysia) and MDEC (Malaysia Digital Economy Corporation) to help accelerate and support companies that cater to the underserved.