Xavier Faz

Lead, Business Models

Xavier Faz is the lead for CGAP’s work on technology and business models in digital finance. His area of work includes emerging technologies, fintech and digital banking, as well as open platforms. He is also CGAP’s Regional Head for Latin America & the Caribbean.

Prior to CGAP, Xavier was VP of Strategic Planning for a development bank in Mexico, where he helped launch a line of services offering low cost banking infrastructure and payments to microfinance and nonbank financial institutions in that market. He also worked with McKinsey & Company in Mexico and Central America, supporting large organizations in banking, retail and consumer goods, in leveraging emerging technologies to launch new base-of-the-pyramid businesses. Before that, Xavier was a Systems Engineer at several startups in Mexico and Silicon Valley, as well as Field Engineer for Schlumberger in North Africa.

Xavier 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


Fintech and Financial Inclusion: A Funders' Guide to Greater Impact

This practical guide, based on two years of global research, describes how development funders can identify promising fintechs and maximize the impact of their support.

E-Commerce Is Taking Off in Rural China: 3 Lessons for Other Countries

China's e-commerce market has $2 trillion in annual sales and is growing as digital services reach rural areas. CGAP visited several villages and spoke with farmers and manufacturers about e-commerce. Here's what we learned.

Open Data and the Future of Banking

Although growing numbers of low-income people are entering the formal financial system, many are not yet leveraging its full value. Emerging regimes for data sharing and payments flexibility have the potential to bypass traditional financial sector development and give poor customers better products and more choices.

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.