Impact-Linked Finance Fund’s Post

I'm very pleased to share Seedstars' Financial Solutions for Migrant Women Report 2024 based on learnings from The Financial Innovations for Women Affected by Migration (FIWAM) Growth Program, implemented by Seedstars and funded by the Impact-Linked Fund for Gender-Inclusive Fintech (ILF for GIF), aimed to catalyze financial inclusion for migrant women. Did you know? A $669 billion remittance opportunity: Migrant women are key players in driving remittance flows to low-and middle-income countries Proven impact: Women are 20% more likely to invest remittances in education and healthcare, and 30% more likely to invest in small businesses than men Please download the report in to find out how fintech startups are unlocking opportunities in underserved markets. Sheilla Otieno Elsa AR. Yanni Alisée de Tonnac Harry K. Federspiel Maria Camila Albornoz Goyeneche iGravity Swiss Agency for Development and Cooperation Austrian Development Agency

📣 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

🌍 Breaking Barriers to Financial Inclusion for Women Migrants!    We are excited to share the "Financial Solutions for Migrant Women" report, which shares in-depth insights and learnings from the FIWAM Growth Program, implemented by Seedstars, under the Impact-Linked Fund for Gender-Inclusive Fintech (ILF for GIF).    The program catalyzed fintech innovation across Sub-Saharan Africa, MENA, and Asia, empowering 30 fintech startups with the frameworks, funding mechanisms, and strategic partnerships needed to craft scalable, high-impact financial solutions for women migrants.    💡 Key Insights and Highlights:  • Market-Driven Adaptation: Startups like Pravasi Money by Chalo Network and Savii leveraged the program to refine market-fit solutions, balancing financial inclusion with commercial scalability to close critical access gaps.  • Ecosystem Synergy: The program exemplified the power of blended partnerships, uniting funders, fintechs, and local actors to drive systemic transformation in underserved markets.  • Quantifiable Impact: Over 275,000 women migrants accessed tailored financial products, $2.7 million in funding was mobilized, and 26 new jobs—16 of them for women—were created, demonstrating measurable outcomes for underserved communities.    📖 Download the report and unlock actionable strategies to enhance impact measurement, scale innovative solutions, and foster meaningful financial inclusion: https://lnkd.in/dEZUZj3z Swiss Agency for Development and Cooperation Austrian Development Agency iGravity Roots of Impact Lucas Tschan Anastacia Ngunjiri Luiana Temba Abraham Kiptanui   #FinancialInclusion #FintechInnovation #WomenMigrants #SocialImpact #ILFforGIF #FIWAM #Seedstars #ImpactInvesting 

Meet the startups transforming financial services for women affected by migration in Africa, MENA, and Asia-Pacific. From enabling faster, more affordable cross-border payments to empowering women with financial literacy, these innovators are driving real, lasting impact. But there’s more to the story! 📊 Curious about the numbers behind the impact? - Over 275k migrant women reached with fintech services. - More than $2.7M in funding secured for further growth of the fintech - businesses. - Real-world solutions in micro-insurance, savings, and mobile banking. Discover the full insights in the FIWAM report! 👉 https://hubs.ly/Q02Yh_0d0 Impact-Linked Finance Fund Austrian Development Agency Swiss Agency for Development and Cooperation iGravity  #FIWAM #Fintech #Migrants #MigrationSolutions #FinancialInclusions

Financial inclusion for women is key

🌟 SFA empowers gender inclusive fintech: Discover how SFA's Technical Assistance component,  the IMM BootCamp, creates tangible impact for the Impact-Linked Fund for Gender Inclusive Fintech (ILF for GIF)! This intensive training equips fintech entrepreneurs with the essential skills to measure and manage their impact. It also aligns them with the ILF for GIF's mission to catalyze women's financial inclusion through Impact-Linked Finance. By accelerating their IMM journeys, we prepare these enterprises to access Impact-Linked Finance instruments such as Social Impact Incentives (SIINC) or Impact-Linked Loans, which in turn will give them better terms for better (gender) impact. 🌍 Are you a funder or accelerator aiming to enhance your program? Learn how SFA supports enterprises in optimizing their impact: https://lnkd.in/e_Du8igX. The ILF for GIF incentivizes a stronger focus on gender transformative outcomes by providing Impact-Linked Finance and technical assistance to fintechs. This program is funded by partners such as the Swiss Agency for Development and Cooperation (SDC), the FMO - Dutch entrepreneurial development bank, and supported by the Austrian Development Agency. #ImpactFinance #GenderInclusion #Fintech #ImpactLinkedFinance #impactmanagement #impactmeasurement #CapacityBuilding #TechnicalAssistance #Training #InclusiveGrowth

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

2024 Top 100 #WomenInFinTech 👇👇 02. Paula Hunter (American): She is the Executive Director of Mojaloop Foundation with 20+ years’ experience as a business executive in high-tech marketing, operations, and business development. Paula has held critical roles in global industry associations, providing executive oversight and managing international trade associations. With extensive experience spanning hardware, software, and services sectors, Paula leads discussions on FinTech innovation. Proactively engaging in topics like CBDCs, Digital Public Goods, and National Payment Infrastructures, she champions the creation of payment systems. Her leadership at Mojaloop Foundation drives tangible impact, ensuring Digital Public Goods and FinTech innovations transform lives at scale. Recognised as Number Two in the HiPipo Women In FinTech magazine 2024, Paula embodies impactful leadership in the industry. 01. Hon. Joyce Nabosa Ssebugwawo (Ugandan): This year’s top-ranking advocate for women empowerment and FinTech innovation. Hon Ssebugwawo exemplifies unequalled dedication. She prioritises mentoring and guiding women innovators at every ICT gathering and actively participates in branding initiatives, such as the Women in FinTech hackathon. As Uganda’s Minister of ICT, she leverages her political role to champion policies and regulations that favour innovation, ensuring inclusivity and maximising the continent's digital dividend for sustainable economies. Her commitment and active involvement set a powerful precedent for national and continental progress. Women In FinTech Magazine: https://shorturl.at/gkpY4 #LevelOneProject #IncludeEveryone

Africa is leading the way in #FintechInnovation with over 500 dynamic startups and $1B raised! Fintech is transforming financial services, from quick, seamless transfers to new ways of saving and borrowing, creating a more accessible and inclusive economy across the continent. At HealthCap Africa, we’re proud to support these trailblazers and be a part of this transformation. Our investments help scale fintech solutions that make a real impact: expanding financial access, empowering underserved communities, and driving sustainable growth across Africa. Fintech in Africa isn’t just about technology; it’s about building brighter futures and unlocking new opportunities for millions. Watch the video to see how HealthCap Africa is leading this charge! ⬇️ . #FintechInAfrica #FintechRevolution #HealthCapImpact

🔎 𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 𝐨𝐟 𝐒𝐨𝐜𝐢𝐚𝐥 𝐚𝐧𝐝 𝐄𝐧𝐯𝐢𝐫𝐨𝐧𝐦𝐞𝐧𝐭𝐚𝐥 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐈𝐒𝐒𝐔𝐄 𝐧°𝟖: SPI and Women’s Financial Inclusion. The SPI database tells us that #FinancialService providers prioritize #women and #rural beneficiaries. As a good example, in Southeast #Asia, the average #loan portfolio share dedicated to women stands at 70%! ✔ We also note that the more experience #board members have in #SocialPerformance, the higher the share of female borrowers and loan portfolios dedicated to women! ✔ The #UniversalStandards help providers embrace a “gender-aware” approach by applying a #gender lens to the #customer experience and internal operations. Learn more in our last issue below! 🔜 𝐀𝐧𝐝 𝐬𝐭𝐚𝐲 𝐭𝐮𝐧𝐞𝐝 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐟𝐢𝐧𝐚𝐥 𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐨𝐧 𝐂𝐥𝐢𝐞𝐧𝐭 𝐏𝐫𝐨𝐭𝐞𝐜𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐒𝐄𝐏𝐌, 𝐭𝐨 𝐛𝐞 𝐬𝐡𝐚𝐫𝐞𝐝 𝐬𝐨𝐨𝐧! 👉 By the time we share the reports, you can see & and share our 8 issues here: https://lnkd.in/eY8Ge5VP AFD - Agence Française de Développement Luxembourg Microfinance and Development Fund BIO Belgian Investment Company for Developing Countries FMO - Dutch entrepreneurial development bank European Investment Bank (EIB) European Microfinance Platform (e-MFP) Direction du développement et de la coopération Tipping Point Fund on Impact Investing #ResponsibleFinance #InclusiveFinance #ClientProtection #WomenEmpowerment