NOW Money”, a fintech app offering an alternative to banks and remittance fees for low-income employees, was picked as the winner of the GCC edition of The Venture 2017, a global social entrepreneurship competition seeking innovative startups with social impact and viable business model. Founded by duo Katharine Budd and Ian Dillon, the app was selected at a ceremony conducted on January 18, 2017 at the Intercontinental Dubai Marina Hotel.

NOW Money will move on to compete with 30 other startups in the global finals of The Venture. The next step will be heading for a training camp at the University of Oxford by the Skoll Centre for Social Entrepreneurship in the UK in March, and ultimately, to the finals in Los Angeles, US in July to pitch for a chance for a share of the US$1 million funding prize.

We are proud to see a GCC-based Fintech app recognized for its innovation and we wish the founders the best of luck.

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For more information, visit https://www.entrepreneur.com/article/287966

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