Fintech for the Last Mile: Incubator Launch

Host: Catalyst

Catalyst hosted a round table for the launch of its Fintech for the Last Mile Incubator program. The five startups shortlisted for the Catalyst Incubator Program include:

PayNearby enables existing corner shops to become digital financial service hubs, thereby creating the world’s largest hyperlocal fintech network.

Fingpay is a payment and collection solution that enables merchants to accept digital payments from customers who do not have either a card, wallet, or mobile.

MeraPaper provides a micro-ERP to digitize the customer lifecycle, billing, and payments for small B2C merchants.

PayBee’s solution automates and digitizes B2B collections in the distributor-retailer value chain.

Kaleidofin is a platform that provides tailored financial services to the mass market including populations who are un/under-banked and have significant variability in their income.

The shortlisted fintech champions, selected from amongst 51 applications for the Incubator Program, are building transformative solutions focused on last-mile customers, and committed to the challenge of scaling up their initiatives in Jaipur over the next six months. The two-day, closed-door event witnessed participation from key stakeholders in the fintech ecosystem, including senior government officials, experts in venture capital and entrepreneurship, and banks and other financial institutions, in addition to the shortlisted startups.

Welcome Address: Sharon Buteau, Executive Director, LEAD

Special Address: A.P Hota, ex-MD and CEO NPCI

39 participants representing 15 organizations participated in the round table.