Financial Inclusion

Around the world, over 2.5 billion people live without access to basic financial services. When families are able to save, send, and receive money safely and have access to affordable credit and insurance services, they are better positioned to protect themselves from economic shocks, build assets, and invest in a better future.

Omidyar Network’s work on financial inclusion includes people living in emerging markets, as well as the more than half of American families who live paycheck-to-paycheck and are currently underserved by the U.S. financial services market. We invest in the pioneering use of technology, from mobile to electronic currency, to make financial transactions more affordable, flexible, and convenient. Moreover, we work closely with entrepreneurs to ensure that these innovations are responsibly and successfully brought to market. As part of this, we support policy reforms, consumer research, and innovations that deliver formal financial services to the mass market.

Financial inclusion is critical to economic and social development. As more people are able to better manage their money, they create a future of greater possibility for themselves, their families, and their communities.

Omidyar Network’s work on financial inclusion includes people living in emerging markets, as well as the more than half of American families who live paycheck-to-paycheck and are currently underserved by the U.S. financial services market.

Investees

THE TEAM

Nilesh Agarwal
Associate, Investments
Smita Aggarwal
Director, Investments
Hasina Alemán
Administration Manager
Jenny Johnston
Associate, Investments
Kabir Kumar
Director of Policy and Ecosystem Building
Yaw Mante
Associate
Lisa Mikkelsen
Head of Global Human Capital, Financial Inclusion
Ken Miller
Venture Partner
Sarah Morgenstern
Principal, Investments
Claudia Parazzoli
Head of Global Marketing & Communications, Financial Inclusion
Anuradha Ramachandran
Director, Investments
Ameya Upadhyay
Principal, Investments
Amol Warange
Principal, Investments
Tracy Williams
Director, Intellectual Capital

FROM THE BLOG

Creating a Safety-Net Culture in India: Why We Invested in Toffee Insurance

Why we invested in Toffee Insurance, a financial technology platform that designs and sells bite-size, low-price insurance products created with millennials and digital natives in mind.

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NEWSROOM

Steady Raises $9 Million in Series A Round; Shaquille O’Neal Joins the Company

Steady, an income-building platform for the Build-Your-Own (BYO) workforce, announced today that it has raised $9 million in Series A financing round from leading FinTech investors, including Omidyar Network.

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