Publications

Credit Decisioning Engines in the Cloud

The global unbanked and underbanked market continues to grow exponentially each year, and will reach an estimated three billion individuals and over 250 micro, small and medium-sized enterprises (MSMEs) over the coming decade.

Publications

Publications

EIF European SME Finance
This European Investment Fund (EIF) analysis provides an overview of the main markets relevant to EIF, equity, guarantees, securitization, and microfinance. These main markets have been identified by the European Small Business Finance Outlook (ESBFO). Starting with a discussion of the general market environment for SME finance, analysts then look...
Fintech in MENA: Unbundling the financial services industry
This report was created with the aim to inform entrepreneurs, investors, policymakers, large corporations and the general public about the opportunities and challenges for fintech startups in MENA.IN particular this report tries to answer the following questions: What are the drivers and barriers for fintech in MENA? What solutions are fintech...
Growth patterns of EIF-backed startups
This paper analyses the performance trends of investees after receiving EIF support. The aim is to establish a taxonomy of start-ups according to their growth trends. Using a wide range of descriptive statistics, the first part of the work documents the remarkable growth of EIF-backed start-ups, both on average and median terms. The second part of...
Frontier Capital - Early Stage Investing for Financial Returns and Social Impact in Emerging Markets
Standing at the convergence of impact investing and venture capital, Frontier Capital focuses on low- to lower-middle-income people in emerging markets. This report underlines the immense potential of new business models to serve these populations, generating both outsized impact and strong financial returns. The report also underscores the need...