Australian company Frollo is among the winners in the Inclusive Fintech 50 awards, a global competition that promotes early stage fintechs driving financial inclusion.
MetLife Foundation and Visa launched the initiative in February with partner Accion and World Bank Group member IFC to help inclusive fintech companies attract capital and resources to benefit the three billion unbanked around the world.
Working with banks Frollo has built an engagement platform to help people improve their personal finances particularly for those “who live from “pay cheque-to-cheque” said Frollo founder and CEO Gareth Gumbley (pictured).
The business was awarded a $65,000 grant.
“Thank you to MetLife for the opportunity to develop our platform that will our business to scale. We are so excited,” Gumbley said.