Digital Financial Inclusion Lab
DFI Lab is on a mission to help fund and scale financial inclusion and digital financial services, working with startups, (impact) investors, corporates etc.
For institutions, (impact) investors and startups who are looking to fund and scale financial inclusion and digital financial services, DFI Lab builds upon the knowhow and network of our award-winning initiative FinTech Forum to offer high-impact research, advisory and events.
Upcoming Research: European Startups Enabling Financial Inclusion
As per Unbundling European Finance – our research on European FinTech investments and M&A launched Jun. 2017 at Money2020 Europe - over $2.5bn was invested across 300+ funding rounds in the last two years. FinTech also accounted for the largest share of total European tech funding.
“No Poverty” is UN SDG #1, and Financial Services accounts for ca. 20% of the $113bn impact investing AuM.
Financial Services dominates European tech- and impact investing AuMs, but apart from a handful of startups there is limited information about European startups enabling financial inclusion, and fund-raising remains a challenge.
Our research report European Startups enabling Financial Inclusion and the accompanying microsite are a first step to bridge this gap.
(Draft) Table of Contents: European Startups enabling Financial Inclusion
We are looking for participants and sponsors for this first report covering this high-growth, high-impact digital financial services.
Interested to learn more? Contact:
dfilab (at) techfluence.eu | Tel: +49 69-274015-856.
Financial inclusion- the challenge and the opportunity
Nearly 2bn of the global population is unbanked- including ca. 100mn in Europe.
However, nearly 80% have mobile phones, and 90% live in growth markets like Asia and Africa with high mobile penetration, e.g.
By 2025, nearly 1bn of the unbanked are expected to move into the consuming class, representing a $30tn opportunity.
The "perfect storm” of high mobile penetration among the unbanked in high growth markets, the ability to offer digital financial services at scale via FinTech, and the UN SDGs / impact investment imperative presents a massive opportunity for startups, investors, financial institutions etc.
FinTech and the UN SDGs / Impact Imperative
In Sep. 2015, the UN set out the 17 Sustainable Development Goals to bring on board businesses - not just governments, development agencies or charities - to take on the world's toughest social challenges.
In Nov. 2016, the European Union set out its priorities and approach to implement the 2030 Agenda.
As per the UNCDF, "Financial inclusion is positioned prominently as an enabler of other developmental goals in the 2030 Sustainable Development Goals, where it is featured as a target in eight of the seventeen goals."
Is Social Impact Investing The Next Venture Capital?
Over 208 impact investors (see further information alongside) investing into "companies, organisations and funds with the intention to generate social and environmental impact alongside a financial return"- are estimated to be managing over $113 bn AuM, with over $22 bn invested in 2016.
South Asia and Sub-Saharan Africa - with their "perfect storm" of government legislation, a booming young population and massive mobile penetration - are the biggest markets for impact investments, with India alone projected to attract $40bn by 2025.
Our interactions with European tech founders (including several who have presented at our FinTech Forum events) and their passion for combining "profit with purpose", point to a massive opportunity for Europe's formidable tech talent, (impact) investors and corporates.
About TechFluence / FinTech Forum
Founded in 2012 with a passion for the startups and "hidden champions" transforming industries, TechFluence is an award-winning research and corporate development boutique based in Frankfurt and London.
We were recognised by the Wall Street Journal / Financial News as one of the "40 Innovators Shaping the Future" (2014) and by the German Innovationspreis IT "Bestenliste" (2015).
FinTech Forum, which we co-founded in 2013 in Frankfurt as the first community for FinTech in Continental Europe, has helped 260+ startups connect to 800+ investors, financial institutions etc. via 16+ events till date. Participating startups have gone on to raise over $300M and resulted in exits worth over $300M.