Overview

Donor: Mercy Corps Ventures
Application procedure: Online Application
Donor base: United States
Reference number: -
Eligible applicants: Non-Profit Organisation, Social Business
Deadline: 01.12.2025

Financial details

Grant size: Small - up to $100,000
Minimum grant size: -
Total available budget: -
Funding type: Grants
Maximum grant size: 50.000$
Funding ratio: up to 100%

Sectors

  • Economic Development
  • Research, Technology & Innovation

Project Locations

  1. Africa

      Algeria, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Egypt, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Ivory Coast, Kenya, Lesotho, Liberia, Libya, Madagascar, Malawi, Mali, Mauritania, Mauritius, Morocco, Mozambique, Namibia, Niger, Nigeria, Republic of the Congo, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Tunisia, Uganda, Western Sahara, Zambia, Zimbabwe

  2. America

      Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, French Guiana, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Uruguay, Venezuela

  3. Asia

      Afghanistan, Azerbaijan, Bahrain, Bangladesh, Bhutan, Brunei, Cambodia, China, East Timor, India, Indonesia, Iran, Iraq, Israel, Japan, Jordan, Kazakhstan, Korea, Kuwait, Kyrgyzstan, Laos, Lebanon, Malaysia, Maldives, Mongolia, Myanmar, Nepal, North Korea, Oman, Pakistan, Palestine, Philippines, Qatar, Russian Federation, Saudi Arabia, Singapore, South Korea, Sri Lanka, Syria, Taiwan, Tajikistan, Thailand, Turkey, Turkmenistan, United Arab Emirates, Uzbekistan, Vietnam, West Bank and Gaza, Yemen

  4. Europe

      Albania, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Georgia, Hungary, Kosovo, Latvia, Lithuania, Moldova, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia, Slovenia, Ukraine

  5. Pacific

      Fiji, Kiribati, Marshall Islands, Micronesia, Nauru, Palau, Papua New Guinea, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu

Description

1)  Objective

MCV’s AI for Financial Resilience initiative leverages AI, blockchain, and emerging technologies to close financial service gaps for unbanked, underbanked, and climate-vulnerable populations in emerging markets, primarily in sub-Saharan Africa, Latin America and Asia. The initiative pilots and scales solutions such as AI-driven insurance, parametric credit, savings via bond tokenization, and anticipatory cash transfers and remittances, aiming to improve financial access, economic resilience, and trust in digital finance.

They are looking for innovative financial products for unbanked and underbanked people in emerging markets. This can range from using AI to drive financial literacy through education and training to increasing access to insurance, savings, credit, and emergency payments using AI- and blockchain-powered digital financial products. Primary beneficiaries: Unbanked and underbanked populations, with a strong emphasis on low-income individuals, women, immigrants, and micro, small, and medium enterprises (MSMEs).

2) Eligibility

Eligible are startups.

3) Location

Actions can take place worldwide. Geographic focus: Emerging markets, with a focus on Sub-Saharan Africa, Latin America and the Caribbean.

4) Budget

They offer equity-free grants of up to $50,000 per startup.

5) Application

The application deadline is 1 December 2025.

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