Let’s pause to consider what took place in the world of social enterprise and impact investing in 2018. Here are five noteworthy happenings.
Impact investing activity keeps growing – According to the Global Impact Investing Network ’s (GIIN), the size of the global impact investing market doubled in a year, from $114 billion in assets in 2017 to $228 billion in 2018. In addition, KKR announced the creation of a $1 billion global impact fund, following the lead of Bain Capital and TPG, among others.
A growing focus on refugees A growing number of social entrepreneurs started addressing the global refugee crisis.
Activity continues in accelerators and incubators.
The GIIN publishes a roadmap. At the end of March, the GIIN presented its Roadmap for the Future of Impact Investing, a framework for not only speeding up the development of the impact investing market, but also creating systemic change throughout global financial markets.
Oportunities for fintech and financial inclusion startups increase. Lots of activity in fintech for good, partially fueled by an increase in the number of adults globally with an account at a financial institution or through a mobile money service – 2 billion adults have obtained an account at a financial institution or through a mobile money service since 2011, including 515 million since 2014.