The company is one of eight awardees from across the globe who are transforming how small businesses operate and are supported in a world that is rapidly digitizing
Cambodia-based fintech firm Boost Capital has been selected by Mastercard as one of the winners of its Strive Community innovation award for its contribution to developing a low-risk digital loan market in the country.
Boost is working to scale up smartphone-enabled loans and financial education, and also to jumpstart the creation of a virtuous cycle in which businesses engaging in digital financial education are rewarded with better access to financial services.
The Strive Community initiative, launched by the Mastercard Center for Inclusive Growth, is focused on strengthening the resilience of small businesses and supporting their growth. Since companies that struggle to make effective use of new technologies risk being left behind, Strive's Innovation Fund was established to spark truly innovative solutions that will boost small businesses’ efforts to go digital.
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