LeapFrog jumps to $400m fundraise
“Emerging consumers across Africa and Asia are working to achieve prosperity and security for their families and businesses, but most have yet to reach the middle class. There is an immense demand for transformative financial tools,” says Andrew Kuper, founder and CEO of microfinance specialist LeapFrog Investments.
Having closed its second fund last week at $400 million, LeapFrog - which is backed by George Soros and J.P. Morgan Chase - has a renewed mandate to support high-growth financial services companies that...
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