InVenture—Financial Management for the Emerging Middle Class in Africa and Southeast Asia

Mobile phones are reaching an unprecedented number of individuals in regions such as Africa and Southeast Asia, with nearly 880 million new connections expected by 2020 (according to a 2014 report by GSMA). This penetration into impoverished urban centers and remote rural villages means that individuals formerly cut-off from basic financial services such as cash flow statements or credit can now be reached through a touch of a button. InVenture is leveraging this technological transformation to make financial tracking and loan applications as easy as possible for the emerging middle class. More