Coalition of global fintech investors, including GAWA, team up to promote responsible digitalization
Updated: Jun 20, 2019
The Netherlands – June 2018.
A unique alliance of 50 leading organizations – including GAWA Capital among other investment funds, family offices, development banks and debt fund managers – has teamed up to develop the “Guidelines for Investing in Responsible Digital Financial Services”.
These consist of 10 touch points for financial investors and their fintech investees to identify opportunities and mitigate investment risks. The professional guidelines are not binding but allow all signatories to promote a more responsible and inclusive digital finance ecosystem by implementing principles such as the prevention of clients’ over-indebtedness, more transparent pricing, and the creation of financial literacy programs.
The initiative was sponsored by prestigious institutions such as the IFC (part of the World Bank), Goodwell Investments, and the Dutch Ministry of Foreign Affairs. GAWA Capital is part of the 50 signatories which come from Europe, the US, Africa, China and India. The guidelines also benefit from the support of Queen Maxima of the Netherlands, United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA).
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