And the Winner is…
After 15 exciting pitches and demanding questions by the high level jury, a very difficult choice had to be made to select the three winners of the Fincluders Startup Challenge prizes. Out of the all round excellent field of contenders the following startups were awarded prizes at the thrilling award-ceremony.
The main sponsor of the event, the SANAD Fund for MSME’s Technical Assistance Facility, congratulates the winners of the pitching competition and expresses its gratitude to everyone who contributed in making the Fincluders Event such a success.
Third place and its cash award of USD 5,000 went to UAE-based Democrance, a micro-insurance provider for low-income populations. The prize was sponsored by ZAIN, the leading mobile and data services provider in MENA. The trophy was presented by ZAIN Jordan CEO Ahmed Hanandeh.
Democrance’s mission of making insurance accessible and affordable for the lower-income population through the power of modern technology convinced the jury in nominating this promising fintech as the third startup on the winners’ podium.