Partner with CGAP to Open APIs
Photo credit: Arne Hoel / World Bank
Are you interested in exploring how open APIs could help your business contribute to more useful, sustainable, and scalable financial solutions for low-income customers?
CGAP is looking to work with digital financial service (DFS) providers, fintechs, and other organizations that have well-established financial inclusion assets and capabilities to share via open APIs. CGAP will provide financing and technical assistance to implement an open API business and motivate third-party developers to explore and use APIs to build innovative products and services. Our goal is to help industry explore business models based on open APIs and produce new and successful demonstration cases.
Submit Expression of Interest by June 9, 2017
Is your organization a good fit?
CGAP is looking for digital payments providers, financial institutions, and other financial service providers that have:
- Assets that are relevant to a range of third parties and for a range of innovative financial solutions that can advance financial inclusion
- A significant active customer base (minimum of 100,000 active customers)
- Commitment to opening a range of APIs beyond basic payment APIs
- Desire to fully engage and support the developer community
- Record of actively providing digital financial services in any of the following preferred markets: Bangladesh, Cote d’Ivoire, Ghana, India, Kenya, Myanmar, Nigeria, Pakistan, Rwanda, Senegal, Tanzania, Uganda, and Zimbabwe (list not exhaustive)
- Commitment to addressing low-income customer needs and behaviors, including through the developer community
- Ability to start a project within one to two month of being selected
- Staff that can lead and execute the project and support monitoring and evaluation during implementation
- Commitment to the project at the highest level within the organization
- Willingness to share non-sensitive information during and after implementation, including impact, results, main challenges, success factors, and lessons learned
What is the selection process?
- Phase 1. Submit Expression of Interest form by June 9, 2017.
- Phase 2. Shortlisted applicants will be contacted for additional information. Final partner selection will occur by August 31, 2017.
- Phase 3. CGAP will create an RFP to procure any external support needed to implement the project. RFP responses will be assessed by CGAP and the applicant.
Information on impact, results, main challenges, key success factors and lessons learned will be documented by CGAP and disseminated to help guide future open API efforts in the sector. CGAP will not disclose information without the consent of the partners and would not publish or disclose sensitive competitive information.
An agreement will be drafted with the selected applicants to outline the roles and considerations around each individual project.
- View the Expression of Interest form.
- For more information, see the Terms of Reference and Frequently Asked Questions forms.
The Consultative Group to Assist the Poor (CGAP) is a global multi-donor partnership dedicated to advancing financial inclusion for the poor. CGAP develops innovative solutions to address barriers to financial inclusion through practical research and active engagement with financial service providers, policy makers, and funders.
CGAP’s efforts include driving experimentation with innovative financial solutions that leverage existing digital payments infrastructure (“digital rails”). Work is undertaken across the demand side (better understanding the needs and behavior of the poor) and the supply side (diverse provider ecosystems) to develop new and improved, viable, and scalable business models that bring a broad range of value adding financial services to the poor.