CUSTOM CHALLENGE; RWANDA and DRC
PROVEN INTERVENTION TO BE DISTRIBUTED
Improving access to financial services for refugees through mobile phones.
Learn more about the Custom Challenge and why we only fund ideas that focus on distributing proven poverty interventions.
DISTRIBUTION MODEL INNOVATION
Leaf Global Fintech provides digital financial services to refugees so that they can store and transport assets across borders from a feature phone, avoiding cash.
Leaf stores and transports assets across borders from a mobile device—no smartphone required. Refugees and migrants can journey without cash, knowing accounts are safe and accessible globally. Digitizing the process drastically reduces exchange and transfer fees. Friends and family abroad can also contribute into the Leaf customer’s account in a convenient and affordable way. Leaf protects customers’ savings through blockchain technology without exposure to cryptocurrency. By allowing customers to retain more value and increasing accessible funds through contributions from abroad, Leaf gives customers a better start with financial security and lessens their dependence on host countries and foreign aid.
PILOT AND SCALING GOALS
Serve 10,000 customers during the pilot period
Nat Robinson - Co-Founder and CEO
Tori Samples - Co-Founder and CFO