- BRIDGING THE FINANCIAL DIVIDE THROUGH DIGITAL PAYMENTS Catalyst is working to help India’s small businesses and low-income consumers unlock the power of digital payments to gain access to broader financial services and create opportunities vital to their future prosperity. Learn More >>
- ARE YOU READY TO CATALYZE THE NEXT GENERATION OF FINANCIAL SERVICES FOR INDIA? Catalyst is focused on enabling startups that are building Solutions for the Last Mile of low income consumers. The Catalyst Incubator will provide funding for organizations creating financial products and services for traditionally under-served market segments, in addition to mentorship, research, test markets and much more. Learn More >>
- MHARO DIGI JAIPUR Catalyst is in the midst of operationalizing its first Digital Payments Lab in Jaipur. Using a combination of innovative technologies, new business models, and institutional innovations, we are enabling Jaipur’s small merchants and low-income consumers in their move towards a less cash economy. Learn More >>
CATALYST has a broader mission to help small business ecosystems access the benefits of digital finance. The Catalyst Incubator — Fintech for the Last Mile promotes innovative and scalable fintech solutions that address the needs of traditionally underserved market segments. It offers innovative entrepreneurs technical and financial assistance in the form of performance-based financing, ground operational resources, research methodologies, broader ecosystem linkages, and domain expertise
The first round of selection of the incubatees took place in February 2018 where five applicants were selected.
Catalyst was an initiative funded by United States Agency for International Development (USAID) under the mSTAR Program to increase adoption of digital payments in India, using a targeted ecosystem approach from May 2016 to January 2019. Our vision is to realize an inclusive digital economy that meets the needs of all Indians. As of February 2019, the program is an independent project housed at IFMR LEAD, at the Institute for Financial Management and Research (IFMR).