Apply for Catapult Inclusion Ukraine Program for Fintech Firms

Building upon the success of the CATAPULT acceleration programs since 2018 and sponsored by the Directorate for Cooperation and Humanitarian Affairs, this special edition is fully dedicated to Ukrainian Fintechs and Financial Inclusion, delivered in collaboration with exclusive partners in the Luxembourg Financial Inclusion services ecosystem.

Centered around three key pillars impact, scaling, and funding the program offers participants a unique opportunity to engage with leaders, investors, and founders in Luxembourg’s Financial Inclusion landscape, gaining invaluable insights and knowledge. The program culminates in an opportunity for participants to pitch in front of an expert audience.

The Catapult: Inclusion Ukraine program accommodates 10 promising Fintech firms active in impact finance and financial inclusion broadly (travel and accommodation costs covered for one participant per Fintech), providing them with a dedicated program for learning how to scale, to build a business model with higher societal impact and to raise and manage capital effectively.

Key Pillars 

• Impact:  Focus on creating positive social and economic impact in Ukraine through financial inclusion.
• Scaling: Participants will gain insights into effective strategies for expanding their businesses, including partnership building, customer acquisition, and operational optimization.
• Funding: Participants will learn funding strategies and financial management to secure resources, launch innovative solutions, and drive financial inclusion in Ukraine.

Funding Information

• HoFT will reimburse reasonable travel costs to reach Luxembourg, using Economy Class Airline Carrier, up to 2000€ (VAT included) for one person/company (or equivalent). One additional person/company can attend the bootcamp but at their own costs.
• The participants will be hosted in the hotel selected by the LHoFT, located in Luxembourg and for the duration of the program.
• Breakfast and lunches will be provided.

Eligibility Criteria

• Selected fintechs must have at least a demonstrable Minimum Viable Product (MVP) and are typically in the pre-seed to seed stage of funding.
• Fintechs must be Ukrainian, with their registered office in Ukraine or outside but operating in Ukraine.
• Fintechs must have a clear financial inclusion or impact finance focus.
• Fintechs will be required to submit all necessary information to the LHoFT to assess the project’s viability, the company’s background, and the profiles of the owners and key shareholders, in order to mitigate risks of non-compliance or dubious applications.
• The selected fintechs must ensure that a founding team member, preferably the CEO, will attend the program for its entire duration. Additionally, fintechs must agree to provide ongoing performance metrics and business status updates to the LHoFT for a period of three years following program completion for evaluation purposes.
• Looking for companies:
  • In Financial Management, Mobile Payments, Financial Inclusion, Digital Insurance Products, Fintech Enablers, Lending, Digital Banking, AgriTech, Financial Wellness, FinTech, InsurTech, RegTech, P2P Lending, WealthTech, Money Transfer, Embedded Lending, Embedded Banking, Online Trading Platforms, Microfinance, Peer-to-Peer (P2P) Insurance
  • located in Eastern Europe, Europe.
  • Incorporated.
  • Users or paying users stage.
  • Seed or Series A.
• Have raised funding or not.
• Currently raising or not raising funds.
• Have revenue or not.

For more information, visit LHoFT.