Xavier Faz

Lead, Business Models

Xavier Faz leads CGAP’s work on Digital Finance Frontiers, a global initiative that promotes experimentation in the use of technology and digital channels to expand the offering of financial services to lower income segments. As a technical advisor to CGAP’s agenda on business model innovation, He worked on the analysis of alternative banking models, product and business model innovation, and financial inclusion strategies. He is also CGAP’s Regional Manager for Latin America and the Caribbean.

Prior to CGAP, Mr. Faz was Director of Strategic Planning for a Development Bank in Mexico, and was a consultant with McKinsey & Company advising organizations in strategy, technology and business innovation. He has a master’s degree in computer science from Stanford University and an engineering degree in electronic systems from the Instituto Tecnológico de Monterrey, México.

By Xavier Faz


Fintechs and Financial Inclusion

Based on pilots with 18 fintechs across Africa and South Asia, this paper identifies emerging fintech innovations with potential to improve the lives of the poor. It also highlights common challenges faced by early-stage fintechs.

China's Super Platforms: The Impact Question

What impact are super platforms having on low-income customers and small businesses? CGAP and Mastercard Foundation traveled to China to see firsthand.

Digital Rails

By opening up their payments platforms to third parties—such as financial technology companies, software developers, startups, and digital banks—providers can open the door to the development of innovative products that can be brought to market quickly.

Are Open Platforms Smart Business for Payments Providers?

From Twitter to Walgreens, companies across diverse industries have seen their businesses grow after deciding to share their online services with external firms. Does a similar strategy make sense for digital payments providers too?

Energy and Water for All: The Last Mile Is the Longest Mile

New models for financing household connections to energy, water and sanitation are enabling more low-income households to access these essential services. Financial solutions are necessary for achieving access targets under the Sustainable Development Goals (SDGs).