Impact-Linked Finance Fund’s Post

Financial inclusion is fundamental to thriving societies. This is why it has been exciting to be part of the FIWAM program with Seedstars under our Impact- Linked Fund for Gender-Inclusive Fintech, which supported this accelerator program. It's encouraging to see several fintechs closing financial inclusion gaps through different innovative products, and how such programs help them to tailor their solutions to meet customers' needs. This and much more is documented in this report! Have a read 📚 #financialinclusion #fintechs #migration

30 fintech startups across MENA, Asia-Pacific and Africa. 275,000 migrant women reached. $2.7 million in funding. 🚀 The “Financial Solutions for Migrant Women” report dives deep into the world of financial inclusion for women affected by migration, showing how fintech startups are unlocking opportunities in underserved markets. 💡 Here’s what you’ll discover: How startups are reducing remittance costs and offering micro-insurance to migrant women. The role of gender-lens investing and patient capital in driving sustainable growth. Real-world case studies on fintech solutions that are changing the game for migrant women. Curious? Learn more by 👉 downloading the full report here: hubs.ly/Q02Yh_0d0 Impact-Linked Finance Fund Swiss Agency for Development and Cooperation Austrian Development Agency #FIWAM #Fintech #Migrants

🌍 FinTech Feature Series: Spotlight on Inclusivity Solutions! Under the Impact-Linked Fund for Gender-Inclusive Fintech (ILF for GIF), we’re thrilled to continue our FinTech Feature Series, showcasing innovative startups advancing financial inclusion for migrant women across Africa, the Middle East, and Asia. Next up, we present Inclusivity Solutions, a B2B2C insurtech that’s transforming access to insurance in emerging African markets. Leveraging partnerships with banks and telcos, Inclusivity Solutions embeds affordable insurance into remittance services—empowering East African women migrants in the Gulf States to secure their financial future. Through the Financial Innovations for Women Affected by Migration (FIWAM) growth program, Inclusivity Solutions deepened its impact goals, aligning more closely with the SDGs and refining its theory of change. 📊 Check the carousel to see how Inclusivity Solutions is creating real change, and read more below on our blog! Seedstars iGravity Roots of Impact Swiss Agency for Development and Cooperation Austrian Development Agency Wangeci Mathenge #FinancialInclusion #Insurtech #WomenMigrants #InclusiveFinance #ILFforGIF #ImpactInvesting #InclusivitySolutions

📣 Exciting Update: Key learnings from the 'Bridging Borders with FinTech' Event in Malta organized by the Financial Innovations for Women Affected by Migration (FIWAM) program! 🌍 Hosted by the IMPACT-LINKED FUND FOR GENDER INCLUSIVE FINTECH (ILF for GIF) and Seedstars, this event united 20 top startups from Asia, SSA, and MENA. With 82 participants and 17 expert speakers, we delved into P2P sessions, roundtables, panels, and investor meetings. 💡 Major takeaway: In-person gatherings are vital for fostering connections and knowledge sharing. As Wangeci Mathenge, FIA from Inclusivity Solutions said, “I got to understand the pain points for migrants as well as how to design for them. Also made connections that I believe will help grow the business.” 📊 Discover more: https://lnkd.in/ek-X7xFw #fintech #financialinclusion #womenintech #migration #innovation #impactinvestment iGravity Roots of Impact Swiss Agency for Development and Cooperation Austrian Development Agency Seedstars Village Capital

Market Systems Development (MSD) interventions are a promising way to boost women’s economic independence in emerging markets. But as Sarah Bove, Teresa Oliveira and Julieta Ocampo Giraldo at TechnoServe explain, since most MSD programs haven’t specifically targeted women, there’s little evidence on how this approach can address their exclusion from key sectors. They offer insights from TechnoServe’s Women in Business MSD initiative in Mozambique, sharing a set of tools that can be used by other MSD programs to maximize women’s economic empowerment. https://lnkd.in/eKbXryUZ #BusinessDevelopment #EmergingMarkets #WomensEmpowerment #WomenEntrepreneurs #WomenEntrepreneurship #IWD #IWD2024 #InternationalWomensDay #InternationalWomensDay2024 #Mozambique #MarketStrategies #Africa #SubSaharanAfrica #WomeninBusiness

Market Systems Development (MSD) interventions are a promising way to boost women’s economic independence in emerging markets. But as Sarah Bove, Teresa Oliveira and Julieta Ocampo Giraldo at TechnoServe explain, since most MSD programs haven’t specifically targeted women, there’s little evidence on how this approach can address their exclusion from key sectors. They offer insights from TechnoServe’s Women in Business MSD initiative in Mozambique, sharing a set of tools that can be used by other MSD programs to maximize women’s economic empowerment. https://lnkd.in/e6MaYGHx #BusinessDevelopment #EmergingMarkets #WomensEmpowerment #WomenEntrepreneurs #WomenEntrepreneurship #IWD #IWD2024 #InternationalWomensDay #InternationalWomensDay2024 #Mozambique #MarketStrategies #Africa #SubSaharanAfrica #WomeninBusiness

Empowering Women in Fintech: Driving Innovation in Tanzania. In recent years, the world has witnessed an unprecedented surge in financial technology (fintech) innovation, revolutionizing the way we manage, invest, and transact money. In Tanzania, this transformative wave is not only reshaping the financial landscape but also empowering women to play a pivotal role in driving fintech development and adoption. Traditionally, the finance and technology sectors have been male-dominated, but Tanzania is witnessing a paradigm shift as more women break barriers and make significant strides in fintech. From leading fintech startups to spearheading digital transformation initiatives in traditional financial institutions, women are making their mark and reshaping the industry. One of the key factors driving women's participation in fintech in Tanzania is the increasing access to technology and digital literacy programs. Initiatives aimed at promoting STEM education and digital skills among women have created opportunities for them to excel in fintech-related fields such as software development, data analytics, and cybersecurity. Moreover, women in Tanzania are leveraging fintech to address pressing social and economic challenges, particularly those affecting underserved communities. From mobile banking services that promote financial inclusion to blockchain-based solutions that improve transparency and accountability in financial transactions, women-led fintech initiatives are driving positive change and empowering marginalized groups. However, despite the progress made, challenges persist, including gender stereotypes, access to funding, and lack of representation in leadership positions. To fully harness the potential of women in fintech, concerted efforts are needed to address these barriers and create an enabling environment that fosters gender diversity and inclusion in the industry. As Tanzania continues its journey towards becoming a fintech hub in East Africa, it is essential to recognize and support the invaluable contributions of women in driving innovation and shaping the future of finance. By empowering women in fintech, we not only unlock new opportunities for economic growth and development but also build a more inclusive and resilient financial ecosystem that benefits everyone. Together, let us celebrate and amplify the voices of women in fintech as catalysts for change and progress in Tanzania and beyond. #fintechinnovation #fintechtanzania #womeninfintech Levonia Alfredy.

Financial inclusion for women is key

5 Women-Owned African Fintechs Bridging The Gender Gap in Financial Inclusion And Empowering Women-Led Enterprises Fintech has emerged as a powerful tool in providing financial services and solutions, as well as bridging the gender gap in financial inclusion. In Africa where Fintech is gaining increasing prominence, these platforms play a vital role in providing women with access to essential financial services and resources. As we commemorate International Women’s Day 👩👩👦👦today March 7th, 2024, it is crucial to acknowledge several Women-Owned African fintech startups bridging the gender gap in financial inclusion and empowering Women-led enterprises. Included in the list are : 1.) Herconomy 2.) HerVest 3.) Regxta 4.) Shecluded 5.) Mighty Fin Read more👇 #womenownedstartups #fintech #africa #payments #internationalwomensday2024 Ife Durosinmi-Etti, MBA Rukayat Kolawole-Bello Ifeoma Uddoh Vwanganji Amatende-Bowa 'Solape Akinpelu

Gender bond issued by City Savings Bank of the Philippines. Last month the IFC - International Finance Corporation invested $100 million in the first social bond issuance by a Philippines thrift bank. The issue by City Savings Bank, a subsidiary of UnionBank of the Philippines and one of the largest thrift banks in the country, is aligned with ICMA’s Social Bond Principles and the ASEAN Social Bond Standard. Proceeds will be used for loans to low- and lower middle-income women. In addition to providing recipients with support for health care, education, and housing expenses, loan recipients will be encouraged to invest in small businesses to help boost family income. At Parallelle Finance, we maintain the most comprehensive database on global gender equality-focused bond issuances. As of March 31, 2024, AUM in use-of-proceeds gender bonds with a sole or primary focus on gender equality and women’s empowerment was $15.8 billion. These debt instruments directly fund growth in women-owned and women-led businesses in emerging and developed economies. U.S. institutional and individual investors have opportunities to invest in gender bonds. Contact us at bit.ly/ParallelleContact to find out more about our investment advisory services for clients of all sizes. Aboitiz Group ICMA - International Capital Market Association The ASEAN Secretariat Lorenzo Ocampo Riccardo Puliti DealStreetAsia Mars Mosqueda Jr. #Philippines