Digital Financial Services, March 2025 Call for Proposals
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PROGRAM OVERVIEW
The Digital Financial Services Grant supports ideas around Interledger-driven business models that seek to build equity and inclusion within a global interoperable payments network. This grant is designed to help the Interledger Foundation’s vision for a world where everyone can send a payment as easily as an email. Expanding digital financial inclusion through inclusive systems means advocating for the adoption of an open-source, currency-agnostic payment network powered by the Interledger Protocol (ILP).
The Digital Financial Services Program caters to a specific audience and seeks to support organizations with an interest in unlocking the potential of frictionless, global transactions; enabling micropayments, cross-currency interoperability, and seamless financial access for everyone—regardless of identity, geography, or income.
FUNDING TRACKS
This grant opportunity supports players in the ecosystem that seek to build digitally inclusive finance systems through the Internet, by building on Interledger with an intent to either become a financial node within the Interledger Network or expand payments options on an existing web-based platform. If you are interested in joining a global network of inclusive financial service providers, here are the available funding options:
- Track 1: Interledger | Enabled (up to $250,000.00)
Designed for digital financial service providers—including digital wallets, mobile money providers, banks, savings co-ops, and neo-banks—this track helps integrate Rafiki into existing financial infrastructures, establishing new financial nodes on the Interledger Network.
- Track 2: Interledger | Unlocked (up to $150,000)
For web-based platforms (e.g., e-commerce sites, donation platforms) that want to expand payment options for users by integrating Open Payments APIs into their systems.
APPLICATION REQUIREMENTS
Before completing an application, please review the 2025 Application Guide for the Digital Financial Services grant to access information on the grant process, requirements, resource list, and other details essential to applying for this opportunity.
If you plan on applying for this grant and want to get the latest updates on ILF technologies and connect directly with our team. RSVP Here!
ELIGIBILITY & APPLICATION PROCESS
- ONLY registered corporations, non-government entities, institutions, collectives, and nonprofits are eligible to apply under this grant program.
- Projects must run for 12-months.
APPLICATION DEADLINE
Application closes on Friday, April 4, 2025 at 11:59 am (EDT).
Need specific details? Submit a Grant Inquiry Request Form for personalized support.