Read our information sheet to learn more about Frontier Investments Group.
Accion’s Frontier Investments Group is committed to helping create commercially successful businesses that bring breakthrough innovations in financial inclusion. We actively support our portfolio companies with the full measure of our intellectual capabilities, domain expertise, industry network, and operational experience scaling successful businesses in emerging markets.
Azimo is an online remittances company offering low cost, fast and secure payments from any device, 24/7 to recipients in more than 190 countries who can receive cash at agents, bank accounts, m-wallets, bill pay, air-time, cardless ATMs or at their homes. Focusing on the European remittance market, Azimo reduces the cost of sending money home by digitizing the cash in side of remittances through an “online only” platform that connects and interfaces with both banks and social media for an improved and seamless user experience.
GloboKasNet is a provider of transaction capture, processing and settlement services to banks, microfinance institutions, NGOs and retail corporate enterprises wanting cashless payment solutions. GKN is currently providing services to Accion Peruvian affiliate Mibanco as well as to other commercial financial institutions including BBVA, Scotia Bank and Caja Nuestra Gente.
Mobile Transactions (operating under the brand name Zoona) is a mobile payments business with a vision of transforming the way people and organizations transact across Africa by reducing reliance on cash. At the heart of Zoona’s business is its interoperable, agnostic technology platform and a countrywide network of agents who act as cash points for end users of the company’s services. Zoona currently operates primarily in Zambia, with projects in Zimbabwe and Mozambique, and offers a range of products to move money electronically.
Shubham Housing Development Finance Company is an affordable-housing lender headquartered in New Delhi targeting low-income, self-employed families in urban and semi-urban India. Access to credit, delivered in a systematic and professional manner, is a key enabler towards increasing people’s ability to purchase or improve the quality of their homes. Shubham has developed an innovative credit model for customers with informal income by leveraging a state-of- the-art cloud-based MIS platform and outsourcing various other components of its underwriting process to obtain impressive operating efficiency.
Tiaxa For more than 10 years, Tiaxa has been providing mobile network operators globally with billing and rating services for prepaid-mobile-phone users as well as innovative financial and business intelligence services that increase operator revenues and improve user satisfaction and loyalty. Tiaxa is now effectively leveraging these capabilities and the high mobile penetration in its target markets to provide similar solutions for mobile financial services, particularly to the unbanked user base.
Vindhya e-Infomedia Private Limited, located in Bangalore, India, is the only company of its kind to provide business- process outsourcing services to the global and local markets by recruiting mainly differently-abled employees. Vindhya is a for-profit company that provides clients with data management, entry, processing and conversion.
ParaLife delivers microinsurance products and other financial protection to low-income populations and persons with disabilities. Through its platform and product suite, ParaLife provides turnkey, scalable solutions to financial and retail partners that want to reach the poor.