Improve agency and dignity for all through access to affordable finance
We believe that access to finance can improve lives by increasing economic opportunity and security against an uncertain future. However, traditional banking models have failed the 2 billion people still without access to financial services. In a world where mobile devices are becoming ubiquitous and internet connectivity is rapidly spreading, we believe there is a unprecedented opportunity to provide everyone with honest and affordable financial services. DFS Lab accelerates fintech innovation in emerging markets. Once we find a team of entrepreneurs with an idea we believe in, we back them with the funding, mentorship, and expertise they need to thrive.
Why DFS Lab?
We are at the forefront of supporting digital financial service innovation by combining the best practices in global entrepreneurship with our network of leading fintech experts in emerging markets.
We are not waiting for change to come to our markets, we are actively pursuing progress. We believe that dedicated entrepreneurs are the key to increasing financial access for low-income consumers.
We are obsessed with emerging market fintech. We steer clear of generic advice and offer expertise that is relevant and accessible.
We provide resources and processes at the early-stage so thinkers and tinkerers can push the boundaries on what is possible. We work with fintech startups at the R&D stage through to series seed funding.
Our perspective is global but our advice is local. We share the passion and vision of our entrepreneurs and work alongside them through all the ups and downs of their startup's journey.
"I've worked with a lot of startup accelerators but I have not seen one as effective as DFS Lab. It's not about the number of people but the diversity and the difference of thought that this team brings together."
- Bertram Dsouza
"If you look at the 18 months up to the Sprint, we got one pilot and then in the one week of the Sprint we got two pilots. It's been an incredibly productive week for Teller."
- Somil Ghelani
"DFS Lab has been instrumental to our growth. Their hands on mentoring and feedback has not only shaped our product, strategy, and talent foundation, but has also moved us closer to our vision of bringing hope, equality, and inclusion to the low income borrowers in Africa."
- Hilda Moraa