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Meet the newest Catalyst Fund Investees
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Catalyst Fund Cohort Companies

Meet our newest investees, 

 

PayGo Energy / WorldCover / Atikus / ESCALA


We are thrilled to share the newest additions to the first cohort of the Catalyst Fund. They are:
PayGo Energy
PayGo Energy is a smart meter solution and distribution system that enables customers to access clean and efficient fuel at a low price. Globally, 2.9 billion people do not have access to a reliable supply of modern energy for cooking. PayGo Energy provides smart metering technology that eliminates upfront fuel costs, enables customers to access modern fuels on a pay-as-you-go basis and allows them to monitor their fuel usage.
PayGo Energy
WorldCover is a peer-to-peer lending platform providing insurance to low-income farmers worldwide. Farmers across the globe face the challenge of accessing affordable insurance to protect against natural disasters. WorldCover offers a simple, affordable insurance product customized to farmers’ needs and encourages investors to “sell” insurance by creating a marketplace and earn a return.
PayGo Energy
Atikus seeks to improve financial inclusion for micro, small and medium enterprises (“MSMEs”) by deploying institutionally-targeted solutions rooted in technology, data and risk transference. Atikus believes that aligning a market’s financial inclusion efforts amplifies the quantity, quality and availability of the products and services required to further the MSME segment’s future growth and development.
PayGo Energy
ESCALA is a social enterprise that seeks to generate upward mobility and reduce  the inequality gap in Colombia and Latin America through higher education. ESCALA builds bridges between companies, universities, banks and low and middle-income families that cannot afford their children’s university education by providing a long-term programmed savings plan with monthly installments and tuition discounts.
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What happens next?
Catalyst Fund investees will receive grant capital and receive the mentoring of its sponsors for 6 months as they become part of the first cohort of Catalyst Fund startups. They will also work with BFA to identify specific advisory engagements to strengthen the core business and reach key milestones.

Read more about the newest companies in the first cohort of the Catalyst Fund grantees. Congratulations  everyone!


-- The Catalyst Fund Team
Catalyst Fund Partners
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Catalyst Fund accelerates promising startups and spurs innovation in financial inclusion in emerging markets with the support of the Bill & Melinda Gates Foundation and JPMorgan Chase & Co

Catalyst Fund is a fiscal sponsorship project of Rockefeller Philanthropy Advisors and is managed by BFA.

 
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