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Catalyst Fund first launched as a global accelerator for inclusive fintech startups in 2015, with the support of the Bill & Melinda Gates Foundation and JPMorgan Chase & Co., and fiscal sponsorship from Rockefeller Philanthropy Advisors. It was created to support early-stage startups who are building affordable, accessible and appropriate digital financial solutions that improve the financial health of underserved communities in emerging markets. 

Catalyst Fund aims to fill important gaps in the innovation ecosystems across emerging markets, including: lack of patient capital to test and iterate products in-market, lack of skill sets to rapidly build viable solutions for underserved customers and lack of personal connections with global and local investors and corporate partners. The program tackles these challenges by offering a combination of catalytic grant capital, bespoke venture-building support from market and sector experts and access to a global network of investors and corporate innovators, while sharing insights, learnings and toolkits with the broader inclusive tech ecosystem.

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