iFarmer wins Top Prize at 2024 AFI Inclusive Fintech Showcase

iFarmer wins Top Prize at 2024 AFI Inclusive Fintech Showcase

iFarmer Limited has recently emerged as the global winner of the 2024 Alliance for Financial Inclusion (AFI) Inclusive Fintech Showcase for its innovative platform designed to empower farmers with easy access to affordable financing, convenient procurement of agri-inputs, expert agri-advisory services, and fair market access for selling produce. iFarmer was the only Bangladeshi company among the winners.
The AFI is a policy leadership alliance owned and piloted by member central banks and financial regulatory institutions with the shared objective of developing financial inclusion at local, regional, and global levels. The AFI Inclusive Fintech Showcase exhibits the world most promising Fintech and Regtech innovators, boosting the access, usage, and quality of formal financial services for low-income people in developing countries and emerging markets.
In the 2024 AFI Inclusive Fintech Showcase, twelve finalists presented their innovations virtually to the AFI members, fintech experts, and expert guests in the first week of April. Three winners were chosen through AFI member votes and judges scores. iFarmer won first place, followed by Mosabi (Sierra Leone) in second place, and Revfin (India) in third place. All the winners would receive invitations to the 2024 AFI Global Policy Forum in El Salvador, invitations to participate in AFI Public-Private Dialogue activities for a year, and one-year membership at the Luxembourg House of Financial Technology.