Global impact fund manager LeapFrog Investments saw a record year of development in 2020 and expects this year to be another bumper season amid growing investor interest in impact investing.
LeapFrog invests growth equity in digital financial services and healthcare companies across Asia and Africa.
LeapFrog’s partner in Singapore Fernanda Lima told DealStreetAsia in an interview that while the COVID-19 pandemic has accelerated trends conducive to investments in digital businesses, it has also exacerbated the economic hardships of many people.
“What we see is that there are more emerging consumers for us to serve,” Lima said.
Written by: Michelle Teo
Source: Deal Street Asia