Original Source: Finca
We’ve been fielding questions lately about a new initiative, called FINCA Forward, and how it fits in with what we’re doing at FINCA Ventures. Here’s what you need to know.
Supporting and Investing in Financial Technology
FINCA Ventures works alongside FINCA Impact Finance, a global network of 20 microfinance institutions and banks. When we launched FINCA Ventures, it signaled a transition from being an operator of a bank to a strategic investor in additional solutions that increase resiliency and productivity for poor and low-income families. In this new context, we realized our unique ability to evaluate and test digital financial service innovations given our relationship with one of the largest MFI networks of its kind. So, we began speaking with our financial services partner as to how FINCA Ventures may support start-ups in the financial inclusion sector.
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