Between August and September 2020, Venture Lab surveyed 21 early-stage fintechs to understand what tools and systems they use to power their companies’ operations. The respondents represent various sectors of fintech, including MSME and Consumer Credit, Insurance, Payments, Neobank, and Personal Financial Management companies operating in US, Latin America, Europe, Southeast and South Asia, and
This new paper features case studies on fintech startups around the world that have successfully grown their value propositions during the COVID-19 pandemic . These startups, all portfolio companies of Accion Venture Lab, illustrate three core strategies for growing value among existing users: Motivate increased usage of existing products, Broaden the suite of products specific
David Porteous and Arend Kulenkampff on how fintech innovation can help achieve faster inclusive growth in Kenya, Egypt, Nigeria and South Africa. This blog, the authors write, is the first in the Recovtech project series which is engaging policy makers and private sector innovators in the above four leading African economies on how best to promote
Published by AVL, this how-to guide offers early-stage fintech companies a step by step approach on how to measure and track metrics for better decision-making and reporting. Read more here
Catalyst Fund and partners share more than 10 years’ lessons learned from fintech accelerators in emerging markets, the US, and UK. These accelerators have together supported over 100 startups providing fintech solutions to underserved populations to improve their financial health. The brief uncovers best practices for programs providing direct support to inclusive fintech startups or
The needs of the digital generation, and in particular of the gig and digital economy workers, are unique, and few products in the market are currently designed to meet the needs of this customer segment, writes BFA’s Shiro Njoroge. This segment, she adds, is poised to be core drivers for inclusive economic recovery in emerging
AVL’s new podcast series features industry leaders discussing the impact of COVID-19 on their work. This episode features Jacob Haar, the Managing Partner at Community Investment Management (CIM) talking about how fintechs are uniquely positioned to respond to challenges and continue driving inclusive finance in this crisis. “Lending partners that have access to real-time data
Imagine that virtually any type of business you can think of could offer banking services to their customers, without having to apply for a banking license or directly bear the costs of regulatory compliance. This is “banking-as-a-service” (BaaS), write CGAP’s Peter Zetterli and Ivo Jenik. While still new – with only a few players globally-
Inclusive fintech has always had to find a balance between tech and human touch, but the global pandemic is shifting that balance, writes Accion Venture Lab’s Amee Parbhoo. In this blog, Parbhoo writes that during this time, fintechs have to continuously engage and support their customers especially low-income communities for whom in-person interactions are the
Catalyst Fund shares several examples of how its portfolio are helping customers in emerging economies through the COVID-19 crisis. By using their existing solutions and additional innovations, the fintechs are helping people access critical health insurance, send money to their families, access essential goods and services, and better manage current finances via financial advice. In