Mercy Corps Ventures 2022 $1M Crypto for Good Fund For Entrepreneurs

Mercy Corps is launching a new Crypto for Good Fund of $1 million to test and support blockchain-based solutions for people who are currently low-income and/or unbanked.  Through Mercy Corps Ventures, the impact investing arm of Mercy Corps, startups will receive grant funding, mentorship, networking opportunities, brand exposure, and more. Pilot projects should utilize decentralized finance and blockchain technology to improve access to financial services and other livelihood improvements for low-income communities in frontier and emerging economies. “We are excited to partner with visionary founding teams to identify, test and prove the potential  of crypto and web3 to improve financial access for the 1.7 billion people in the world who are currently unbanked,” says Scott Onder, Senior Managing Director of Mercy Corps Ventures. “Our aim is to validate use-cases and accelerate the development of solutions that drive positive impact for users in emerging markets.”