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BRIDGING THE FINANCIAL DIVIDE THROUGH DIGITAL PAYMENTSCatalyst 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 >>
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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 >>
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MHARO DIGI JAIPURCatalyst 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 >>
THE CURRENT INDIAN PAYMENT CONTEXT

Digitization of person to merchant expenditure

Digitization of small retailer to supplier payments

Cost of cash as a share of GDP
NEGOTIATING THE CHALLENGES OF THE LAST MILE
Catalyst aims to build on recent advancements in digital payments technology and policy to create scalable and sustainable models to achieve last mile financial inclusion

NEGOTIATING THE CHALLENGES OF THE LAST MILE
Catalyst aims to build on recent advancements in digital payments technology and policy to create scalable and sustainable models to achieve last mile financial inclusion.
Technology
Open, interoperable platform technologies such as Aadhaar, Unified Payments Interface (UPI), and the ‘India Stack’ — with an overarching layer of innovative apps
Policy
Government initiatives such as Jan Dhan Yojana, Direct benefit Transfers, Small Finance and Payment Banks, and Incentives for a Less Cash Economy - to promote democratization of finance
Last Mile
Coordinating small businesses, consumers and solution providers to drive high-frequency, low-value digital transactions and large scale adoption
OUR ECOSYSTEM APPROACH TO DRIVE DIGITAL PENETRATION

Define
Distinct economic geographies

Test
Technology and business models

Support
Policy and regulation

Scale
Successful initiatives