We partner with their leaders to achieve leaps of growth, profitability and impact. Today, LeapFrog companies reach 91.1 million people across 23 emerging markets. More than 74.1 million are emerging consumers, often accessing insurance, savings, pensions or credit for the first time.
We call this distinctive approach “profit with purpose”, because it generates strong results and changes many lives. Leading global investors share this vision and have invested and committed over a billion dollars to LeapFrog.
Vital access to financial services for two billion underserved people in emerging markets comes a step closer as LeapFrog Investments announces its acquisition of a stake in Cignifi, a platform creating financial profiles through mobile phone data.
LeapFrog is partnering with Omidyar Network, the philanthropic investment firm created by eBay Founder Pierre Omidyar, which is increasing its long-held investment in Cignifi. The investment will drive further scale in the reach of the Cignifi business.
Read the full press release here.
The commitment to Enterprise Group marks the largest ever investment in Ghana’s insurance sector.
Innovative products designed for emerging markets are finding their way back to developed markets, with AllLife – a LeapFrog partner – a poignant example.
Ross Beerman of AllLife, a LeapFrog partner company, speaks with Sky News about the company’s foray into the UK market.
Business Insider explores the innovative technology behind AllLife’s insurance platform.