Fintech, The Challenge of Financial Inclusion
Summary
Founded in 2009 with the goal to democratize entrepreneurship, Village Capital operates business development programs for early-stage entrepreneurs in agriculture, education, energy, financial inclusion, and health.Elevar Equity is an investor focused on backing entrepreneurs who deliver innovative market-based solutions to disconnected communities underserved by global networks such as financial, communication, information and market systems.The firm, which has offices in Seattle, WA, Bogota, Colombia, and Bangalore, India, has backed 24 companies across 7 countries including Afluenta, Indifi, CreditMantri, Finae, and Varthana.In fintech, it backs companies developing products targeted at improving the credit, insurance, saving life of people at the Bottom of Pyramid via mobile, correspondent banking, and e-wallet models.Portfolio companies include BankingUp, CoverHound, HonestDollar, Mayvenn, Oportun, (fka Progreso Financiero), NerdWallet, SavvyMoney, Mirador, Payjoy, Ripple, Vouch, etc.