Copy

Profit with Purpose: The Year in Numbers

Friends, 

LeapFrog was founded on the compelling idea of investing in profit-with-purpose businesses, tapping the vast market opportunity of 4 billion emerging consumers. The core commitment we made went beyond 'there is no trade off between financial and social returns'. We envisioned a synergy: high-return investments and vast impact. Today, the evidence is in, across a host of businesses and geographies: purpose-driven businesses are better investments. Leap with us, through the year in numbers...
THE YEAR IN NUMBERS

82.3m

Portfolio companies reached 82.3 million people with insurance, savings, credit, pensions or healthcare
 

28.8%

LeapFrog portfolio companies grew 28.8%, the average revenue growth for all companies held over the full year

65.5m

65.5 million of those people are low-income or emerging consumers, often accessing essential tools for the first time
 

21

Portfolio companies now operate in 21 countries
98,450

They support 98,450 jobs and livelihoods
THE YEAR IN COMMITMENTS

$350m

Iconic insurer
Prudential Financial Inc. and LeapFrog launched a
$350m partnership to invest in leading life insurers in Africa
 

$200m

The Overseas Private Investment Corporation board announced their intention to commit up to $200m to future investments by LeapFrog in healthcare and financial services
$1 billion

Global institutional investors have now committed more than $1 billion, making LeapFrog the first equity impact investor to cross the $1 billion mark.
THE YEAR IN INVESTMENTS
LeapFrog’s first fund recorded another year of strong business performance with average revenue growth of 35.1% in local currency terms in 2015, while capital from LeapFrog’s second fund is already more than 75% committed. Here are 4 outstanding companies that joined the portfolio in 2015:
Jumo World  is a pioneering fintech business reaching more than 4.5 million people across Africa with essential financial services. Jumo disbursed approximately 17,000 loans per day in 2015, with an average loan size of $8. The busiest time on the network is 4-5am when daily street traders and drivers are topping up. Explore Jumo 
UT Life is a swiftly growing life insurer in Ghana with plans to reach 1 million people by 2020. The award-winning firm is growing at 80% per year and was recently voted the Most Promising Life Insurance Company in Ghana’s Reinsurance Cedant Awards. Explore UT Life
Magma Fincorp is a leading diversified financial services group reaching 3.3 million people across semi-urban and rural India with credit and insurance, with an audacious goal to reach one person per minute. Explore Magma
IFMR Holdings, a market leader in Indian financial inclusion, reaching millions of low-income individuals with financial springboards and safety nets. IFMR's retail arm, IRCS and technology arm, IRF developed India’s first customised “wealth management approach” to better serve financially excluded individuals. Explore IFMR Holdings
IT TAKES A GLOBAL VILLAGE
These results are made possible by a truly global community: the leaders of our portfolio companies, our investors, our team, and our impassioned community of champions. And it's just the start. 
 
Thank you for sharing the exhilarating journey with us!

Onwards and upwards,
LATEST LEAPS
Why and where to invest in emerging markets
Jim Roth speaks on Bloomberg about the compelling emerging consumer opportunity. Explore
Trim your sails for Asian headwinds
Stewart Langdon explains why emerging Asia remains a tantalising growth prospect. Explore
LeapFrog targets hospitals in healthcare push
How LeapFrog’s new health team will invest in hospitals, diagnostics, specialty care and technology enablers in Africa and Asia. Explore
On the move
The Economist considers how financial technology is revolutionising development, with a wink and a nod to BIMA, the leading mobile insurer. Explore
HIRING AROUND THE WORLD
We're growing in leaps and bounds and recruiting for diverse roles around the world: 
Visit the LeapFrog careers page for the full list of opportunities, and share it with your networks and communities alike.

View this email in your browser

Copyright © 2016 LeapFrog Investments

Contact us at team@leapfroginvest.com