ISLAMABAD — Pakistani startups using artificial intelligence (AI) to improve people’s finances can now apply for grants of up to £250,000 under a new GSMA Innovation Fund for AI-Enabled Financial Health . The fund, backed by the UK government’s Foreign, Commonwealth and Development Office (FCDO), will give selected companies between £100,000 and £250,000 each.
Applications are open until December 17, 2026. Who Can Apply The fund is open to for-profit, private small and growing businesses in low- and middle-income countries across Africa, South Asia and Southeast Asia. Pakistan is on the list of eligible countries, alongside Bangladesh, Sri Lanka, Nepal, Indonesia and others.
According to the fund’s terms and conditions , applicants must already have users and revenue, and companies running projects in Pakistan must be registered and operating in the country. They must also put in matching funds of at least 25% of the grant they request, and projects will run for 15 to 18 months. What the Money Is For GSMA wants AI solutions that help people handle money shocks, make better financial decisions and build long-term savings and income.