Reimagine financial trust and access for Mongolia’s next users
In person · FinTech · Hosted by Mongolia FinTech Assoc.
Reimagine mobile banking for nomadic herders. Bridge tradition and digital finance.
FinTech Innovation Challenge focuses on financial products for nomadic herders, rural entrepreneurs, and users whose income patterns are seasonal and volatile. Entries should solve for trust, access, low-connectivity environments, and extremely clear onboarding.
Judges will look for realistic service design, strong behavioral insight, responsible product thinking, and interfaces that reduce friction without hiding financial complexity.
Registration
1 Oct – 1 Nov
Build window
2 Nov – 12 Nov
Submission
15 Nov
Judging
16 Nov – 21 Nov
Results
24 Nov
Total prize pool
Teams of 2–4. Any finance-facing concept must explain its risk model, user trust mechanisms, and approach to data handling.
Confirm full rules and IP terms on the official registration site.
Cash
Cash
Other
Create a trusted entry point for users trying digital finance for the first time.
Judging focus
Trust, clarity, and onboarding flow.
Track sponsor
Mongolia FinTech Assoc.
Design flows, notifications, and fallbacks that work under weak connectivity.
Judging focus
Reliability and operational realism.
Track sponsor
TDB Bank
Use LLMs or automation responsibly to add advice, reminders, or planning support.
Judging focus
Helpfulness, guardrails, and comprehension.
Track sponsor
OyuLink
Team structure
Teams of 1–4 are welcome. Mixed teams across design, engineering, and research are encouraged.
Who can apply
The program runs as ulaanbaatar participation. Students, recent graduates, and early-career builders are welcome.
Rules & conduct
Teams must clearly explain their work and tooling. Confirm the final official rules on the registration link before submitting.
How winners are chosen: Panel + community vote
Presentation
10%
Craft
10%
World-class mentors and judges from academia and industry.
FinTech strategist
Product engineer
Design lead
Partner judge
Nandin-Erdene G.
Mentor, UX & research
Erkhembayar T.
Mentor, product & demo
Generative AI disclosure
If you use AI, explain how you reduce the risk of misleading or unsafe financial guidance.
Starter kits
Empowered by global partners
