The Last Mile Money Accelerator

We partner with high-growth startups in emerging markets to scale digital commerce and financial services for underserved communities. 

We help startups reach product-market fit faster with resources and design support from experts in design, technology, and the last mile.

Get in touch if your organization is interested in scaling support to startups.

FOCUS AREAS

DIGITIZING FINANCIAL LIVES

How might we embed digital financial services into moments of everyday life, to improve wealth and prosperity for all?

STRENGTHENING ON & OFF RAMPS

How might we create accessible and viable pathways for people to switch between digital and physical money?

BUILDING DIGITAL & FINANCIAL CONFIDENCE

How might we build digital and financial confidence among new internet users to increase adoption and use of formal financial services.

WHAT WE PROVIDE

Tailored design support

Access weekly office hours to unpack a current and urgent product challenge, with the potential of extending into 4-6 week design sprints with a fulltime team of IDEO designers.

Flexible capital

Receive US$ 50K of non-dilutive capital to build and pilot a prototype to include underserved communities in digital financial services.

Powerful mentorship

Get access to our network of mentors from telcos, FMCGs, technology firms, investors, and other organizations.

Fundraising guidance

Get 1:1 coaching to develop a fundraising strategy and narrative, as well as introductions to the IDEO network.

OUR TEAM

Becca Carroll

Senior Director & Co-Lead

IDEO Last Mile Money

Kanika Kumar

Director

IDEO Last Mile Money

John Won

Senior Director & Co-Lead

IDEO Last Mile Money

SELECTED MENTORS

Prashanthi Ravanavarapu

Head of Product Experiences, PayPal

Pheodor Mundia

Head of Marketing, East & South Africa, Upfield

Hector Bartlett

Managing Partner, One Day Yes

Kolawole Osinowo

CEO, Baobab - Nigeria

Kartik Singhal

Product Manager, PayTM

Charlotte Lieberman

VP of UX Content Design, JP Morgan Chase

Gideon Abate

Head of Product, Paga

Mansi Gupta

Founder, Unconform

Anouk Heilen

Head of Social Sustainability, Unilever

Hayden Simmons

Emerging Market Fintech Expert & VC

Michel Hanouch

Financial Inclusion Expert

BY THE NUMBERS

19
startups accelerated

17
countries represented

10,000,000+
customers reached

OUR STARTUP PORTFOLIO

Applications for the 2023 Last Mile Money Accelerator are now closed.

You can explore our Digital Confidence Toolkit, Design Library and read further about our work with startups in previous Accelerators on our Medium page.

You can stay updated on upcoming public resources, webinars, and future Accelerators on our Substack.

Design Spotlights

  • Waynbo by Papersoft

    Increasing financial inclusion by future-proofing mobile money agents in Africa

  • Paisa

    Collateralizing remittances to increase access to digital credit for low-income families in Mexico

  • Why IDEO Last Mile Money invested in Opareta

    Designing a radically transparent and responsible loan eligibility process for mobile money agents in Uganda and beyond

  • Converting delivery drivers into mobile money agents

  • Launching a savings and investment product for underserved customers

    Launching a savings and investment product for underserved customers

  • Digitizing commerce for women in low income locales

    Digitizing commerce for women in low income locales