About 1.7 billion people worldwide — including 1 billion women — are excluded from formal financial systems. Less than two-thirds of adults in developing economies have a financial account. Because financial exclusion is often interconnected with poverty, digital financial inclusion is key to unlocking the poverty trap.
Our fintech investments expand the usage and affordability of formal financial services that drive financial inclusion through digital innovation and bolster the livelihoods of people in South Asia and Sub-Saharan Africa — especially women, who are disproportionately excluded from formal financial systems. We focus on innovations in digital payments, productive credit, savings, and insurance — aimed at improving livelihoods.
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Digitizing payments in a cash economy
How can we use investment tools to quickly bring impactful new technologies to low income people?
