FMO Ventures Program | FinTech | Dutch Development Bank


Fintech portfolio

FMO Ventures Program invests in tech and tech-enabled companies that help enhance access to safe, affordable financial services and improve financial inclusion.

  • dopay


    Country: Egypt

    dopay provides a digital payroll and payments platform that helps companies in emerging markets to pay all employees and other beneficiaries electronically. Companies can instantly open a dopay account for their unbanked workers. The account comes with a mobile app and a debit card and is ‘de facto’ the primary account for the accountholder. Egypt is the company’s first operating market.

    For more information, visit

  • ftcash


    Country: India

    ftcash focuses on improving access to credit for informal micro merchants that are largely underserved. ftcash uses a proprietary algorithm to analyze payments and alternative data for originating loans and deducts collections directly from merchants’ digital payments. Additionally, ftcash matches merchants’ digital cash flows to credit due dates, increasing the chances of on-time loan payments.

    For more information, visit

  • Innoviti Payment Solutions


    Country: India

    Innoviti Payment Solutions is one of the leading payment solution providers in India, enabling in-store payment acceptance for 20,000+ merchants, across 300 cities and towns. Innoviti combines its payment channels and data to create transactions, leading to better use-cases and retention of consumers, merchants, lenders and banks on their platform.

    For more information, visit

  • Paymob


    Country: Egypt

    Paymob is an infrastructure technology enabler providing payment solutions to empower digital financial service providers across Africa and the Middle East through innovative mobile wallet technology that gives the institute’s clients access to finance and digital payments.

    For more information, visit

  • Validus


    Countries: Singapore, Indonesia, Vietnam and Thailand.

    Validus is a leading SME financing platform in Southeast Asia. Validus’ online lending marketplace uses technology and AI to avail financing to underserved or unbanked SMEs, via funds from accredited individual and institutional investors. By forging industry-leading partnerships, Validus is also able to effectively boost SME lending in local supply chains.

    For more information, visit


  • Yoco Technologies


    Country: South Africa

    Yoco Technologies is a mobile-point-of-sale company targeting South African (M)SMEs. The company works with acquiring banks to enable small businesses to accept digital payments via cards and electronic payment platforms.

    For more information, visit

  • Liwwa


    Country: Jordan & Egypt

    liwwa Inc. is a FinTech start-up that operates a debt marketplace to provide financing to un(der)served small businesses in Jordan and Egypt. The company provides debt to qualifying SMEs and employs technology across its operation to deliver loans of up to USD 100,000. 

    For more information, visit

  • Moniepoint


    Moniepoint is a financial technology company digitizing Africa’s economy by building financial platforms for businesses, providing them with all the payment, banking, credit and business management tools they need to succeed. It operates Nigeria’s largest payment distribution network, with over 200,000 businesses, processing north of $7bn monthly.

    For more information, visit

liwwa, a FinTech start-up from Jordan

FMO Ventures Program is supporting liwwa on its journey to improve access to finance for entrepreneurs in Jordan and the Middle East and Northern African (MENA) region.