Dealflow | May 3, 2017

Catalyst Fund adds five fintech startups to its seed stage portfolio

The team at


Catalyst Fund has added five financial technology startups to its seed stage portfolio.

The ventures include: Comunidad4Uno, a financial services provider for Mexico’s low-income domestic workers; Grafica, a software developer for off-grid solar distributors in Africa; Harvesting, an agriculture analytics software firm; PayLatr, a mobile-based micro lender for low-income Indians; and Smile Identity, an identity verification service based on facial recognition software.

The $2 million seed stage venture fund was launched in 2015 as a partnership between the Gates Foundation and JP Morgan to support pre-investment emerging markets entrepreneurs.

Catalyst Fund’s portfolio now includes 15 startups, each of which are provided $100,000 grants and mentorship.