ImpactAlpha, March 5 – Quality may trump quantity in the race to deliver financial services to the world’s billions of unbanked households. The push to scale as fast as possible is causing yellow lights to flash in the emerging markets fintech boom. In Kenya and other markets, some customers are falling into “debt traps” as easy,
Village Capital is getting into the fund management business, first with long-time partner MetLife Foundation’s $3 million program-related investments fund.
Catalyst Fund, managed by BFA Global and Rockefeller Philanthropy Advisors, will support 30 additional companies in Kenya, Nigeria, South Africa, India, and Mexico.