Inclusivity Solutions
insurance
Providing digital Insurance to the connected but unprotected #Plan
21
No. of employees
8
No. of active years
Inclusivity Solutions is an Inclusive Insurtech and one of the globally recognised “Inclusive Fintech 50”. Leveraging the latest technology and Open APIs Inclusivity Solutions has launched digital insurance initiatives across 8 African countries and counting. Partners include a mix of some of the biggest brands in the market including mobile operators such as Orange, Airtel, MTN and Safaricom, major banks such as FNB, Stanbic and Equity Bank as well as MFIs, SACCOs and other development based organisations. Our Open APIs are also ideal for digital native fintechs’ with launches with MFS Africa, MPost, Instafinance amongst others and international insurers such as Prudential, Hollard and Britam amongst others.
ACRE Africa
Insurance
Providing crop protection against unpredictable weather. #Plan
11-50
No. of employees
14
No. of active years
ACRE Africa links smallholder farmers in Kenya, Rwanda, and Tanzania to crop, livestock and index insurance products to protect against unpredictable weather.
Beam (Formerly Edquity)
Savings & PFM
Cash flow management, emergency resource referral, and emergency aid #Plan
Beam (Formerly Edquity) offers a cash flow management, emergency resource referral, and emergency aid platform for university students in the United States.
GramCover
Insurance
Expansion access to crop, livestock, asset, health, motor, and life insurance products for rural populations. #Plan
11-50
No. of employees
NA
No. of active years
GramCover is a digital-first insurance platform expanding access to crop, livestock, asset, health, motor, and life insurance products for rural populations.
Numida
Infrastructure
Business management for MSMEs #Plan
Numida provides a suite of business management tools that allow MSMEs to manage cash flow, inventory, and employees. Of the 450,000 MSMEs in Uganda, which create 4 out 5 of the country’s new jobs, approximately 75 percent identified access to credit as the greatest growth constraint
People's Pension Trust
Savings & PFM
Providing trustee services for the Ghanaian workforce, particularly those in the informal sector #Plan
51-200
No. of employees
7
No. of active years
People’s Pension Trust is licensed to provide trustee services for the Ghanaian workforce, particularly those in the informal sector. The founding team is well-versed in wealth and asset management, with a specialization in pensions, as either former or current executives at BluePrint Pension Services, ING Group and Rabobank.
Resolve
Savings & PFM
Bringing together a network of empathetic debt relief counselors with powerful technology in order to discern affordable, customized courses of action and unburden the financially distressed. #Plan
Resolve combines a network of empathetic debt relief counselors with powerful technology in order to discern affordable, customized courses of action and unburden the financially distressed. Resolve’s two founders have professional roots in credit, debt management and private equity, with stints at Expa and Consumer Recovery Network.
Stonestep
Insurance
Simplifying the front-end and back-end insurance processes #Plan
Stonestep simplifies the front-end and back-end insurance processes for mobile network operators, retailers, and others in Indonesia, Malaysia, Myanmar, Nepal, the Philippines, and Singapore. This isn’t the founder’s first foray into micro-insurance; the CEO and founder previously worked at AIG and Zurich Insurance and led the company's expansions into emerging markets; his brother and co-founder managed large-scale energy projects before setting up Stonestep’s operations
TaniFund
Credit
Connecting smallholder farmers in Indonesia to retail and institutional investors via credit #Plan
201-500
No. of employees
6
No. of active years
TaniFund is a peer-to-peer lending platform that connects smallholder farmers in Indonesia to retail and institutional investors. The founding team has deep experience in Southeast Asia especially in the financial technology sector with leadership roles in Akulaku, Indonesia’s largest lending fintech, and Etobee, a last-mile delivery logistics company.
Teknospire
Infrastructure
Consolidating several banking processes and integrations into a single platform for small- and mid-size financial institutions #Plan
Teknospire consolidates several banking processes and integrations into a single platform for small- and mid-size financial institutions. The founder’s experience addressing last mile connectivity and financial infrastructure positions Teknospire as a trusted partner for financial institutions undergoing digital transformation.
Toffee Insurance
Insurance
Reducing the financial risks carried by uninsured people in India #Plan
51-200
No. of employees
6
No. of active years
Toffee Insurance specializes in contextual micro-insurance products that decrease the financial risks carried by uninsured people in India. With experience in both product development and growth strategy, the founders designed Toffee Insurance to deconstruct the existing products of underwriting partners and then package relevant policies for individual customers; product insurance is sold at the point-of-sale, whether that be online or offline channels via APIs, mobiles, and SMS transactions. Toffee’s digital-first approach has resulted not only in insurance offerings that are less than 8 dollars a year, but a streamlined claims process that is completed in fewer than 4 hours.
Bankaya
Banking
Providing banking services to under and unbanked people #Plan
Bankaya is the first neobank in Mexico truly focused on the unbanked and underserved populations through its unique phygital (physical and digital) customer acquisition strategy. Bankaya offers a commission‑free and fully digital savings account that yields a 2.5% return on deposits, payments of services, a "Buy Now Pay Later" platform, and products that improve customers’ savings capabilities and foster financial education.
Oriente
Credit
Providing easy credit to unbanked consumers and underserved merchants #Plan
Oriente is building a digital-first infrastructure designed to ignite economic opportunity for unbanked consumers and underserved merchants. The company’s fintech platforms provide access to a wide range of affordable financial services for its 5 million users, including cash loans, digital credit, and offline-to-online consumer finance. Through real-time data and insights, Oriente also empowers tens of thousands of merchants to increase conversions and lower risks. For the underbanked communities it serves, Oriente aims to accelerate inclusive economic growth by unlocking vital financial access, powering commerce, and improving financial literacy through its platform and community outreach programs.
Bimaplan
No. 1002, 10th Floor, Pride Regalia, Hulimavu Village, Begur, Hobli, Hulimavu, Bangalore 560076
N/A #Plan
Driving Insurance Adoption Through Technology. Bimaplan is an insurtech startup helping drive insurance adoption through technology. Our full stack embedded insurance platform enables our partners to seamlessly distribute relevant insurance products to their users. We work with fintech startups, microfinance institutions, NBFC/SFB, business correspondents, e-commerce platforms, and gig economy platforms to build customized insurance products and create digital user journeys for their users.
Ensibuuko
Plot 238 Kikawa Road Kiwatule, Uganda
N/A #Plan
Digital infrastructure and financial services for community banking schemes. Ensibuuko provides a digital ledger platform that allows community banking schemes to automate their transaction and operations, and then layers tailored affordable and relevant digital financial services such as credit, savings, and insurance offerings that connect the unbanked and underserved to the wider financial ecosystem. Ensibuuko platform has an inbuilt predictive scoring algorithm that leverages digitized transactional, gender profiles, and weather satellite data to inform specific bundled financial services priced affordably for customers, and delivered digitally.
Finaktiva
Carrera 43b #1sur -70 piso 10, Edificio buró 4.0 Medellín, Antioquia CO
N/A #Plan
Finaktiva is building a one-stop-shop of digital financial services for the SME ecosystem in LATAM. They are the largest digital financing ecosystem for the SMEs in Colombia, a one-stop-shop that provides financial solutions to the SME market through financial intermediation and finance as a service platform, our purpose is to help SMEs manage their cash flow, solve their liquidity requirements, and finance their growth. They are committed to the financial education of entrepreneurs, which is why we offer them Finaktiva’s Circle, where they can access valuable content at no cost.
Imix Latam
Oficina Corporativa Bogota, Remoto, Bogota, 1010101, CO
N/A #Plan
Democratizes access to financial services by providing innovative, cloud native platforms: Fintech as a Service for Reaching Last Mile. Fintech As a Service provides White Label Core Fintech platforms that enables ready to use digital services. Imix Agent Networks as a Service (Digital & Mobile Correspondents Platform) improves financial institutions and FinTechs capacities to reach the underserved with a Tech & Touch approach. “Enabling small stores into community bankers”. Additional to low-cost Agent Apps that provide transactional Cash In/ Cash Out services, platform evolves networks into Digital Financial Services enablers that provide digital microcredit and microinsurance.
Jamii.one
Republikken Vesterbrogade 26, København V, Hovedstaden 1620, DK
N/A #Plan
Elevates data of communities for financially underserved people to access services to weather financial shocks and improve their financial health. Jamii.one unlocks the potential of 1.6 billion financially underserved people in community-based groups. By using the Jamii.one app for their record-keeping, +200,000 people are already gaining access to affordable financial services through their community-based groups. These groups are innately inclusive to even the weakest in society and with just one smartphone in the group, they can now access financial services including credit and micro insurance to improve members financial health. 67% of users are women, and Jamii.one is committed to SDG 1 and SDG 5. Jamii.one is a Mastercard MASSIVE Finalist 2020 and was selected by the UNDP Digital X as a proven and innovative digital solution.
Karmalife
Urban vault 1497, Ground Floor, 19th Main Rd, Sector 1, HSR Layout, Bengaluru, Karnataka 560102
N/A #Plan
KarmaLife empowers gig & blue collar workers with earnings-linked finance. It addresses the unmet need for small recurring finance helping low-income earners address cash flow volatility, grow earnings, and increase resilience. Through the combination of a dynamic, AI-powered credit underwriting engine and a trust-first user experience, KarmaLife offers affordability and value at scale. It partners with employers to channel its solutions, access work data, and link repayments to worker payouts. Employers can offer financial benefits at low overhead and no liability while improving worker engagement and retention. Within 2 years, KarmaLife has become India’s #1 Earned Wage Access provider.
Moja Ride
Angre 8ieme Tranche, non, Cite Pacifique, Abidjan, Côte d’Ivoire
N/A #Plan
The digital lending marketplace for the unbanked and underbanked transportation professionals. Moja Ride is closing the credit gap for the unbanked and underbanked mobility entrepreneurs and transportation companies in Africa by 1) enabling them to build a verifiable credit profile through a digital fare payment service that supports offline and online ticketing 2) leveraging their alternative credit profile to access financing for revenue-generating assets and 3) matching the borrowers with lenders through its digital lending marketplace. Adec a leading local microfinance, funded the first batch of loans. Current investors include Orange digital ventures and Toyota Mobility 54. Visa Inc., GTP and o-city are among the technology partners.
Probus
202 & 203, Trade Avenue, Suren Road, Chakala, Andheri East, Mumbai – 400093
N/A #Plan
India's leading insurtech platform on a mission to insure uninsured & underserved beyond tier 1 locations. Probus is an insurance distribution-tech company with a “Phygital model”, which optimizes customer experience through digital tools with human touch. It operates through digitally enabled agent network of 30,000+ covering 800+ cities. ~80% of insurance policies sold by Probus are to customers in Tier 2+ cities. Probus partners with all the leading private insurance companies in India including 9 Life and 29 Non-life. Recognized as one of the leading brands in financial services space - Awarded Economic Times Best BFSI Brand for 2021 and 2022.
Salary Hero
KRONOS Sathorn Office Building, 46 North Sathorn Road, Silom, Bang Rak, Bangkok 10500
N/A #Plan
Thailand’s fastest growing financial wellness platform. Salary Hero – We pay it forward. Salary Hero is a financial wellness platform for the Thai workforce. Through our Earned Wage Access product, we provide workers with an alternative to predatory loans, helping them absorb unforeseen expenses that occur between paychecks. We integrate directly with employers to provide this financial safety net, in addition to a suite of other products including financial education, savings accounts and remittances – providing financial products and choice to a segment of society unfairly overlooked by traditional financial services. Employers see cost savings by implementing Salary Hero, driven by lower staff turnover, faster recruiting, and a happier and more productive workforce.
Ukheshe
Design Quarter, Fourways, Johannesburg, South Africa
N/A #Plan
A leading BaaS provider and embedded finance enabler. Ukheshe is a leading fintech enablement partner. With a legacy in enterprise platform delivery of embedded finance it connects businesses with payment technology that changes lives and uplifts emerging markets. Ukheshe has created an extensive range of micro services that enable rapid digital transaction propositions for clients. Striving for transformation and innovation in the payment industry, Ukheshe adapts and creates components that are scalable, secure and ready to deploy in market leading digital first propositions.
Curacel
N/A
N/A #Plan
Curacel is an insurtech infrastructure company that helps insurers and partners in Africa and other emerging markets increase the reach and functionality of insurance through cloud‑based tools and APIs, while also providing funding to healthcare providers against the amount of their unsettled claims. CLAIMS, Curacel’s flagship product, is an AI‑powered platform that enables insurers to automate claims seamlessly and track fraud, waste, and abuse. Curacel is currently powering claims management for 2000+ hospitals and 15+ insurance companies in 3 African markets.
ePesos
José Mariano Abasolo 827, Barrio Antiguo, Centro, 64000 Monterrey, N.L
N/A #Plan
ePesos is a financial technology company that allows workers to have instant access to their wages 24/7/365 and provides the tools they need to manage their personal finances. Companies with over 75 employees offer ePesos' products as a benefit to their workforce in an effort to increase employee engagement while reducing turnover. Established in 2014, ePesos is the first such technology company in Mexico to offer these innovative financial solutions ‑ currently catering to more than 125 companies and reaching over 40,000 employees ‑ and the company continues to revolutionize the benefits space in Mexico.
Flourish Savings (FlourishFI)
2150 Shattuck Ave, Berkeley, California 94704, US
N/A #Plan
Flourish Fi is a Berkeley, California‑based fintech company that aims to help people build positive money habits through its turnkey engagement and financial wellness platform. The team at Flourish leverages behavioral science and gamification in its platform, looking to transform how people interact with their money. The company then licenses the platform to banks and other financial institutions to drive deposit growth, client loyalty, and higher customer satisfaction.
Fynixwave Limited
Plot 120 Semawata Road, Ntinda, Kampala - Uganda
N/A #Plan
Fynixwave Limited is a software company that offers a digital financial solution to enable very small enterprises, saving groups, investment clubs, and agricultural cooperatives to manage and monitor their savings, investments, loan portfolio, repayment process, transparency, and security. Currently, Fynixwave has a total of 900 beneficiaries who have access to a digital financial record using the fynixsave platform in Uganda, with 90% being women. They aim to digitize over 500,000 beneficiaries by 2025.
Gluwa
1390 Market Street, Suite 200, PMB 226, San Francisco, CA 94102, US
N/A #Plan
Gluwa is a borderless financial platform that offers a non‑custodial crypto wallet and exchange, high‑yield, interest‑bearing accounts, and a public blockchain called Creditcoin. Creditcoin is a permission‑less blockchain that facilitates borderless credit lending/investment network matching and records loan transactions between microfinance lenders, borrowers in developing markets, and global crypto investors. Gluwa believes everyone should have access to quality currencies, credit, and financial freedom and is committed to building a future of financial inclusion, in which every person can be their own bank.
Igloo
4 Robinson Road The House of Eden, #08-01 Singapore 048543
N/A #Plan
Igloo is a full‑stack insuretech on a mission to expand access to insurance through big data, real‑time risk assessment, and end‑to‑end automated claims management. Igloo builds B2B2C insurance solutions for platforms and insurance companies to limit their exposure to operational risk, create new revenue streams, and optimize existing products and services. Igloo has over 30 partnerships across various verticals in Singapore, Indonesia, Philippines, Thailand, Vietnam, Malaysia, Australia, and China, from digital wallet, e‑commerce, and travel to telecommunications, logistics, and delivery space. Partners include GCash, foodpanda, Shopee, Ahamove, Philinsure, and RedDoorz.
Lami
N/A
N/A #Plan
Lami offers an end‑to‑end digital insurance platform and API that empowers companies across sectors to offer simple, comprehensive, and affordable insurance products through a seamless digital experience. Its API allows underwriters to connect with consumer‑facing companies that can provide embedded insurance as a value add for their customers. Across Africa, insurance penetration rates remain extremely low, leaving many vulnerable to financial stress due to unforeseen events. Lami’s aim is to play a central role in providing a safety net for Africa’s population, using technology to deliver flexible insurance products. Lami hopes to reach 50 million customers by 2025 and underwrite over $1 billion in gross written premiums through its API.