Gluwa Selected as Winner of Inclusive Fintech 50

Gluwa
Gluwa
Published in
2 min readMar 30, 2022

Gluwa is proud to have been selected as a winner of the 2021 Inclusive Fintech 50 Initiative as part of our ongoing commitment to drive global financial inclusion.

We are incredibly proud to be selected as one of the winners of the 2021 Inclusive Fintech 50 competition (IF50), an initiative aimed towards discovering and leveraging early-stage fintechs driving financial inclusion which address the special challenges of globally undeserved customer segments. Selection for the initiative is based on an assessment across the four criteria of inclusivity, innovation, traction, and scale potential.

Tae-Lim Oh, Co-founder and CEO of Gluwa on receiving the award:

We are honored to have been selected for the Inclusive Fintech 50 competition. Our project aims to leverage fintech and crypto to create basic financial services for those who have been unserved until now. Our vision is fully aligned with the spirit of Inclusive Fintech 50, which is why this is going to be a great opportunity for us to create a network with investors or start-ups who want to make the vision a reality.”

Inclusive Fintech 50 is managed by the Center for Financial Inclusion, and is sponsored by Visa, the MetLife Foundation, and Jersey Overseas Aid & Comic Relief, with support from Accion and the International Finance Corporation (IFC).

We look forward to working with the IF50 Investment Network as we continue on our mission to create a fairer global economy for everyone independent of national borders.

About OpenFi

OpenFi is about bridging the world of traditional finance, fintech and crypto to help create a more inclusive financial system. OpenFi means sharing financial data across countries, enabling cross-border investments, connecting consumers across the world with new financial opportunities and empowering end-users with more choice and infomation than ever before.

About Gluwa

Gluwa is a borderless financial platform where anyone with a smartphone can transact with each other across the border. We have a dream to help build an open and interconnected world, one that gives each and every person in it, an opportunity to thrive together. National boundaries, information asymmetries, and financial exclusion all continue to undermine the potential of the global financial system. We strive to create a new, reliable, and open alternative using blockchain technology, with information transparency at the very heart of our vision for the future. By giving anybody in the world access to valued currency, credit, or investment opportunities, free from national boundaries, we are building a future of financial inclusion, in which everybody can be their own bank.

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