Digital Technology Solutions for an Interconnected Financial Ecosystem

closed

The project seeks to contribute to the digital transformation of the financial sector, in order to improve the quality of its services; improve efficiency and client outreach, and to promote financial inclusion. The project will help to build and consolidate an interconnected financial network. which will integrate different financial players (such as financial institutions, FinTech companies and others) in one single open platform (called 4wrd). The platform will allow financial intermediaries to access financial technology solutions offered by FinTech companies from around the world, test this solutions in a "technological sandbox" and implement those that better fit their needs and those of their clients. The project will also help participating financial intermediaries to improve their ability to develop and implement digital transformation strategies. The project will have a Technical Cooperation component, as well as an Investment component, that will inject equity into the company "Above and Beyond" that owns the 4fwrd platform.