the mif blog

Stories of inspiring entrepreneurs and organizations, discussion and commentary of new trends in private sector development, and the latest events and publications.

Empower women and investors will follow

By Guest

Gender equality is no longer a choice for companies. It is not only about fairness, but about business success.

Bienvenida a la nueva plataforma de financiamiento en línea

By Martha Lucía Muñoz

Comenzó el proyecto Plataforma de préstamo online para startups (compañías con menos de tres años en funcionamiento) y scaleups (compañías con más de dos años de vida) innovadoras   en Colombia, que se propone cambiar el mapa de financiamiento para estas compañías. Este nuevo proyecto será llevado a cabo por SEMPLI S.AS una disruptiva plataforma de financiamiento online que incorpora los siguientes elementos diferenciadores respecto a la banca tradicional: - fácil acceso a través  del uso de una innovadora metodología, proceso y herramienta de scoring; - mayor agilidad dado que la solicitud de préstamo y análisis de financiación  se hará en unas pocas horas; - mejor relación costo-beneficio, puesto que el costo del crédito serán acorde con la moderada estructura operativa de la plataforma, y - mayor conveniencia al estar disponible las 24hs, sin necesidad de visitas físicas y altos requerimientos de documentos.

FINCONECTA: Building bridges between Financial Institutions and Fintechs

By Sergio Navajas

When it comes to financial inclusion, the Latin American and Caribbean (LAC) region is no stranger to innovations coming from the outset of the formal financial sector. In fact, microcredit and agent banking are prime examples that illustrate the willingness of both regulated and non-regulated institutions to adopt creative new solutions in the quest to improve access and quality of financial services for certain underserved sectors of the population. Successful innovations such as this have become intricately woven into the fabric of formal financial systems in the region. However, in the case of Fintech, the situation is different. A Fintech innovation goes beyond simply improving an existing financial service or enhancing back-office operations; it can be way more disruptive, nimble and massive than that. It can create an entirely new type of institution or even a completely new concept, testing new ways altogether for interacting with clients.

Understanding Payment Systems in the Times of Fintech

By Lukas Keller

Payments are nowadays widely considered to be gateways for financial inclusion. Withdrawing money or repaying a loan are basic financial transactions without which traditional financial products like credit, savings and insurance would not be possible.

Measure What You Value, Don’t Just Value What You Can Measure

By David Bloomgarden

At the 3rd annual 2017 Winter Innovation Summit in Salt Lake City, Utah, from January 25–27, I had the opportunity to interact with many of the leading thinkers, policymakers, funders, nonprofits, social entrepreneurs, and academics from around the globe. Key themes included social impact investment, the role of data and evidence, communications, public-private partnerships, impact measurement, and research-based best practices in social services.