Cloves, Indonesia. Photo by Herwin Gunadi, 2016 CGAP Photo Contest Photo by Herwin Gunadi, 2016 CGAP Photo Contest

Donors and Investors

Over the past few decades, public funding for financial inclusion has helped to build an industry that now attracts private funding, both international and local. By 2020, funder commitments to financial inclusion had reached a historic high of $58 billion.

Yet, today many funders have begun to reorganize their work in relation to the United Nations Sustainable Development Goals (SDGs) and to articulate ways in which they can better leverage the private sector. Because many funders face competing pressures both in terms of capacity and the funding to deliver on the SDGs, there is an increasing risk of loss of focus on and visibility of financial inclusion and that the deep technical expertise required to build inclusive financial systems will be diluted. On the other hand, this is an opportunity to harness financial inclusion as an enabler of other development goals and to work across different sectors to achieve outcomes that address the needs of a variety of stakeholders. 

Understanding how the financial inclusion sector is evolving is challenging for donors and investors alike. What role can they play in an increasingly complex landscape? What market needs should they be focusing on? How should they go about it?

Through its research, CGAP aims to support and influence donors and investors navigating through these trends, adapting their practices to be more responsive to market needs and contributing to responsible market development for poor people.

Latest Research

Publication

Developing Rural Agent Networks: Emerging Guidance for Funders

Funders are uniquely positioned to help expand rural Cash-in / Cash-out (CICO) agent networks by leveraging their financial resources, technical knowledge and convening power to align the incentives and build capacity of market actors, so that they design and implement self-sustaining solutions.
Data

International Funding for Financial Inclusion in 2020: Global Data

Data snapshots are available at the global and regional levels. The 2020 CGAP Funder Survey analyzes funding commitments from international funders as of the end of 2020.
Data

Funding Explorer: Interactive Data for 2020 CGAP Funder Survey

The Funding Explorer contains 5 interactive dashboards that reflect active international financial inclusion funding commitments as of December 31, 2020.

Latest Blogs

Blog

Consumer Protection: Top Policy Priority for Funders. What Lies Ahead?

Financial inclusion funders have been elevating financial consumer protection as a priority. Our latest blog discusses how funders can turn that interest into action.
Blog

How Can We Build on COVID-19 Progress in Women’s Financial Inclusion

COVID-19 has led millions of women to open accounts, spurred investments in digital infrastructure, and built momentum around women’s financial inclusion. By taking the right steps, we can push women’s financial inclusion further than ever before.
Blog

Are Funders up to the Challenge of Building Rural Agent Networks?

Agent networks are crucial for advancing financial inclusion and other development goals. Here are six ways funders can encourage the expansion of agent networks in rural areas home to many of the world's low-income populations.