Catalyst Fund addresses a common problem we see with early-stage startups in the inclusive fintech space. They have a hard time securing the capital and expertise needed to complete and test their products. This throttles innovation and limits the impact from new approaches.
In 2016, Catalyst Fund started deploying $2M in grant capital and $1M in tailored advisory services to about 20 startup enterprises globally. Leading impact investors: Accion Venture Lab, Gray Ghost Ventures, Omidyar Network, Quona Capital and 500 Startups provide mentorship as members of our investors advisory committee.
In addition, Catalyst Fund seeks to generate insights about financial inclusion products, technologies and business models and the process of startup-led innovation and share lessons with the sector build up the knowledge base. Read our blog.