Ecosystem acceleration

A startup's success hinges on the environment in which it operates, which has to be conducive to its growth. Fintech ecosystems in emerging markets still lack the capital, talent, partnerships and enabling regulation that can fuel inclusive fintech innovation. We are working to change that.


Catalyst Fund aims to accelerate the inclusive fintech ecosystem by bringing together leading global and local investors, corporate innovators, market facilitators, talent networks and universities to exchange ideas and commit to working with us to advance the ecosystem. We also work to fill talent gaps within fintech startups through our internship program, in partnership with the Cambridge Centre for Alternative Finance.

Circle of Investors

Our Circle of Investors is composed of 60+ leading global and local emerging markets and fintech investors, who are committed to supporting the growth of the next innovations in inclusive fintech.


Circle of Corporate Innovators

Our Circle of Corporate Innovators includes local and international innovation-focused financial institutions, telcos and more who are building the foundation for successful corporate-startup partnerships.

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Talent Program

We partner with leading universities and talent networks to fill short term gaps in technology, data, design and business talent at our startups, and elevate career opportunities in the inclusive fintech sector.



Key benefits for circle members

Learn: Access and contribute to exclusive industry data and insights on inclusive fintech across emerging markets and evidence from our work on the ground with startups

Co-invest: Access Catalyst Fund’s early-stage pipeline of vetted and de-risked startups to evaluate for investment, and nominate promising startups to the program

Connect: to global network of peers committed to supporting the growth of the inclusive fintech ecosystem, and attend invite-only gatherings for Circle members

Collaborate: on the latest BFA Global and Catalyst Fund research, share proof points and learnings from your work with the industry