Investment Highlight: Next Billion Capital
Emerging markets present challenges for providing basic services like healthcare, banking, and insurance to the bottom of the pyramid consumers. Next Billion is taking on that challenge by funding companies leveraging technology to address these needs on multiple fronts:
Alice in Brazil is providing accessible healthcare for millions.
Qoala in Indonesia creates equitable access to all types of insurance.
Minu in Mexico expands access to banking and healthcare basics.
Each investment includes a Gender Action Plan to expand opportunities for women as consumers, employees, leaders, and entrepreneurs. This deep gender lens will support its long-term outcomes of driving poverty reduction and increasing financial inclusion and transform these market systems from ‘emerging’ to ‘thriving’.
Qoala insurance products offer safe haven across the Indonesian islands.
Minu offers Mexican workers access to financial products like On-Demand Salary, increasing financial inclusion at scale.