Log In. In just under four years, Goodlife has grown to provide trusted pharmaceuticals to 600,000 customers from 19 convenient locations – with a total reach of 1.2 million people. The firm's investments have an annual growth rate of more than 40% and its companies reach approximately 130 million consumers, primarily in Africa and Asia. Stewart Langdon CA, partner and Co-Head of its Asia investments, speaks to Kitty Finstad about the benefits of working from a blank sheet . Pricing. By then, Apollo was reaching 969,000 people of whom almost 725,000 were under-served emerging consumers. To-date the company has credit scored more than 150 million emerging consumers in Asia, Africa and Latin America. With the capital and expertise of our team behind the business, we are confident that it will scale to provide millions more people with access to essential financial services.”. Mobile technology has the power to transform people’s lives.”. Today, Cignifi Inc. is helping answer this question for many of the 2.5 billion emerging market consumers with no credit history, but access to a mobile phone. We call this distinctive approach “profit with purpose” because it generates strong results and changes many lives. Clients are served through 59 locations across all 36 states of  Nigeria, with dedicated mobile offices reaching consumers in the most remote areas, and innovative digital channels ensuring swift access to accounts and assistance. Big numbers come with the territory in accountancy. It draws from a USD $350m separately managed account established in 2016 with Prudential Financial to access high growth markets in Africa. Ascent, which has built a sophisticated manufacturing, distribution and retail strategy, specialises in wound care, mobility aids and orthopaedic soft goods. LeapFrog Investments is a world leader in emerging markets, and aims to reach a billion people with its socially impactful businesses. AllLife clients average a 15% improvement in their CD4 count (an immune system marker) within six months of being insured. LeapFrog. Launched in 2008, the group’s portfolio of companies now reaches 130 million people with financial services and healthcare, across 33 countries. Suggest edits Founded. 4 talking about this. Page Transparency See More. The Asset and Resource Management Company (ARM) is the leading non-bank financial institution in Nigeria, and the largest independent asset manager. No financial terms were disclosed. LeapFrog has worked closely with the business, in underwriting, product design and operations. Nigeria has been posting 6% real GDP growth every year for the past decade, 1.2% above that of Sub-Saharan Africa. In particular, elderly populations tend to have a higher prevalence of orthopaedic ailments. Deal focus: LeapFrog adds to financial inclusion portfolio. Last year, LeapFrog's 24 portfolio companies reached 205 million people with essential healthcare and financial tools - 80% of whom live in emerging markets. Its sustainable business model was recognized in July 2015, when AllLife won the Prince of Wales Unilever Global Development Award for Business in the Community. “Cignifi is doing something incredibly important,” said Stewart Langdon, Partner at LeapFrog Investments. Founded in 2007, Leapfrog Investments is a private equity firm based in Melrose Arch, South Africa. We have identified valuable opportunities to support the company’s digital strategy, to facilitate partnerships and to increase the firm’s brand awareness in ways that further strengthen customer retention and acquisition. Page created - May 4, 2011. Launched in 2008 by former United States President Bill Clinton, LeapFrog Investments is the world's first and largest microinsurance fund, investing in businesses that provide affordable insurance to low-income and vulnerable people in Africa and Asia. The firm seeks to make impact investments in the … More than this, AllLife actively helps clients manage their health. Save. 560 people like this. The practical, psychological and social impacts of this are profound. The investment in a milestone two times over. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. It is tapping a high-growth market, with Kenya’s pharmacy sector already worth $725m and set to rise to $1.3bn by 2020. LeapFrog’s first investment was in AllLife, a South African company that is quietly turning the life insurance customer model on its head. Partners include AT&T, AXIATA, Telefónica, Globe Telecom, Equifax, Santander, and HFC Bank. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $70 . Typically, elderly consumers prefer medical aids over invasive solutions such as surgery. Despite it’s incredible growth story so far, Enterprise Group is poised to take its bid to deliver quality financial services even further. 611 people follow this. LeapFrog Investments. Resources. “Mobile enabled financial services have the ability to scale at an unprecedented rate, reaching billions of consumers, and driving vast social impact throughout emerging markets,” said Jonathan Hakim, Founder and CEO of Cignifi. This fund alone targets reaching 70 million emerging consumers. We see a huge opportunity for LeapFrog to partner with an outstanding management team to increase production and distribution of Ascent’s quality and trusted products, including the flagship Flamingo brand, in India, Asia, Africa, and the Middle East.”. Such conditions significantly limit mobility and dexterity, leading to difficulty working and early retirement from employment, reduced accumulated wealth and decreased ability to participate in social roles. With a focus on “helping the nation feel better one customer at a time,” Goodlife Pharmacy’s customers have voted with their feet, helping Goodlife to become the largest pharmaceutical retail business across East Africa. Says Ashok Shah, Apollo CEO, “LeapFrog provided more than capital; the team helped us to scale our substantial health insurance offerings. $1.5M Follow us. Globally, approximately 40% of customers are rural. Mobile technology has the power to transform people’s lives.” LeapFrog sold a major stake in BIMA as part of a $96.6m investment by Allianz X, the digital investment unit of Allianz Group, the global insurer and asset manager in 2017. Further opportunity comes in the form of pensions. LeapFrog Investments backs NeoGrowth Credit to provide financial backing for digital payments among Indian retailers South Asia ; 31 January 2018 LeapFrog leads $47m round for India's NeoGrowth. Ascent’s flagship brand of products, Flamingo, is sold in more than 40 countries across the globe. When it comes to financial services, Enterprise Group Limited is a household name in Ghana. This is something only 10-20% of IFC investments achieve. PR Newswire. “We contact our clients every month,” says Ross Beerman, the irrepressible CEO of AllLife, “reminding them to stay healthy, do their blood tests and take their medication. The share of India’s population over the age of 60 is projected to increase from 8% today to 19% by 2050. The firm makes investments in financial institutions, distributors for financial products, or enablers of financial services, such as administrators or technology platforms. The LeapFrog team brings to bear significant health industry knowledge, operational skills and international networks, and will enable Goodlife Pharmacy to accelerate its growth across East Africa, delivering best-in-class customer care to millions of consumers across East Africa. Finden Sie alle Pressemitteilungen, Produkte und Jobs von LeapFrog Investments auf pharma-zeitung.de. See actions taken by the people who manage and post content. Today, LeapFrog companies reach 205 million people across more than 35 emerging markets. Palladin Consumer Retail Partners has made an investment in Leapfrog Brands, a designer and provider of beverageware. The firm seeks to make majority and minority investments through buyouts, management buyouts, and growth equity. Apollo is one of the region’s star performers when it comes to insurance. They helped us launch a number of products for underserved clients, including last needs and hospital cash insurance. LeapFrog has worked with ARMLife to bring in new leadership talent and support across management training, as well as to improve governance, financial reporting actuarial and technical services and human capital management. MedGenome, India’s leading genetic diagnostics, research and data company, is focused on improving health of populations in South Asia and other emerging markets. A Decade of Growth Each year between 2009 and 2019, LeapFrog companies grew on average Profit with Purpose: We invest in exceptional businesses in Africa & Asia. They invent commercial solutions that are swift and scalable. They deliberately take on tough challenges, to bring security and prosperity to millions of vulnerable people. Pressemitteilungen von LeapFrog Investments Crucially, pharmacy is often the first point of care for Kenyans – and Goodlife is dedicated to increasing access to healthcare through its stores, thereby improving the quality of life and wellness of East Africa’s growing consumer class. $1.5M Follow us. Try Pro free Solutions. The fund makes significant minority investments in portfolio companies, with most investments in the $10 million to $25 million range, but with the potential to provide up to $50 million. LeapFrog Investments. Cignifi addresses this through a machine learning platform that integrates with the world’s most accessible infrastructure – mobile networks – to give people a digital identity. Fernanda Lima, Karima Ola and Frances Holliday will play key governance roles as LeapFrog pursues continued outsized returns and impact for investors and portfolio companies. Palladin Consumer Retail Partners Invests In Leapfrog Brands Investment Provides Capital and Support for Growth. Because LeapFrog’s portfolio companies share its “profit with purpose” philosophy, Leapfrog believes their social impact and mission can be sustained post-exit, as long as the follow-on investor is philosophically aligned with the business model. People. It sorts and presents data in a way that Cignifi’s clients – banks, consumer lending companies, insurers – can easily understand and score. LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $700m. Our investment. 164 million are low-income consumers often accessing insurance, savings, pensions, credit and healthcare for the first time. Specifically, LeapFrog seeks buyers that recognize the value proposition in serving low-income populations in emerging markets. “LeapFrog will accelerate our ambition to reach one billion people in emerging markets by supporting Cignifi’s growth strategy and expansion into adjacent categories such as insurance.”. Cignifi’s platform can be extended to deliver a range of financial services, including insurance and SME services, ultimately enabling the team to reach their goal of providing 1 billion customers with financial fingerprints. Andrew founded LeapFrog Investments in 2007. Goodlife plans to expand to over 100 stores by 2021, reaching over 5.5 million consumers, and creating over 700 jobs, of which approximately 400 will be held by pharmaceutical professionals. And a significant side effect is the reduction in the stigma around HIV/AIDS. Apollo is one of the region’s star performers when it comes to insurance. In doing so, it connects financial institutions to emerging consumers who need credit products. The company provides pensions and retirement savings accounts to three million Nigerians, of which one million are low-income or emerging consumers. Search Crunchbase. A jewel in the crown, Enterprise Life, Ghana’s oldest life insurance company and the country’s leading provider of life insurance, controls gross premiums of over $50m, and has reported a market-leading compound annual growth rate (CAGR) of 26 per cent in premiums between 2013 – 2015. LeapFrog invests in extraordinary businesses in Africa and Asia. Ascent Meditech, a leading Indian medical products company and distributor of niche consumer healthcare products, is helping to provide relief for these chronic conditions. LeapFrog Investments invests in exceptional businesses in emerging Asia and Africa – and enables leaps of growth, profitability and impact. This financial technology has the potential to revolutionise how we assess the creditworthiness of billions of people globally and drive down customer acquisition costs.”. Products. Ltd, a genomics-based diagnostics and research firm, on Wednesday said it has raised $55 million (Rs 411 crore) in a fresh funding round led by LeapFrog Investments. In India, orthopaedic disorders are the most prevalent chronic disease affecting over 200 million people. All three leaders contributed significantly to the raise of LeapFrog’s record-breaking $743 million impact investing fund for emerging Asia and Africa last year. It is a pillar of Kenyan society, emphasizing affordable protection products to the underserved. Mobile technology has the power to transform people’s lives.” LeapFrog sold a major stake in BIMA as part of a $96.6m investment by Allianz X, the digital investment unit of Allianz Group, the global insurer and asset manager in 2017. Enterprise Group offers a comprehensive suite of financial services including insurance, life cover and pensions to the country’s emerging consumers. of the investment portfolio. LeapFrog Investments is a private equity firm that specializes in investments in growth-stage and expansion. At exit, health insurance coverage had increased 26% to reach 72,500 people, while life insurance coverage had increased 170% to reach 490,000 people. Since investment portfolio companies have grown an average of 32% per annum. It does not invest in green-fields or startups. Where other life assurers might decline or avoid insuring people with dread diseases, AllLife backs their clients to live – and then helps them to do so. LeapFrog’s team brings significant actuarial and operational skills to bear on the development of ARMLife’s retail presence, helping diversify and grow the business. LeapFrog sees the partnership with ARM Pensions, and the shared growth agenda, as capable of delivering large and measurable impact for Nigeria’s people.” Founded in 2005, ARM Pensions is one of the first seven Pension Fund Administrators (PFA) to be granted a license by the National Pension Commission. The LeapFrog, ARM Pensions partnership began in June 2018. But measuring their impact can sometimes take a back seat. LeapFrog makes private equity investments in high-growth, purpose-driven financial services and healthcare businesses in some of the world’s fastest growing markets. The networker extraordinaire is moving quickly to fill his directorship portfolio before his last appearance as chairman of the ANZ Banking Group next week. It is both widely recognized and trusted as a brand that delivers quality medication, in a market where substandard and counterfeit medication are yet to be rooted out. The business offers a range of affordable life, personal accident and health insurance products for low-income consumers. Today, LeapFrog’s businesses reach 205 million people with essential healthcare and financial tools. The company sold 15 million products in 2017 through its extensive network of 150,000 retail pharmacy points across 12 Indian States. The company’s products are currently sold to seven million customers, approximately 90% of whom are low-income emerging consumers, with a focus on providing high quality and competitively priced orthopaedics to India’s aging population. How much do you need to know about a person before making a loan? The aim of ARM Pensions, one of the largest fund administrators in Nigeria with approximately $1.8bn in funds under management, is to build understanding and uptake of this essential service. According to The World Bank, today only 5 per cent of Ghanaian adults have some form of insurance, presenting a viable opportunity for Enterprise to drive financial inclusion apace. About See All +65 6805 2170. www.leapfroginvest.com. Since investing, LeapFrog has been instrumental in developing the company’s strategy in areas as diverse as product development, distribution, reinsurance and branding. Apollo sells various types of insurance policies, from life to motor to health to crop insurance. All of this is underpinned by the rapid expansion of the Ghanaian economy, projected to reach 8.7 per cent in 2017. LeapFrog companies reach 205m people with financial tools & healthcare We partner with their leaders to achieve leaps of growth, profitability and impact. These tools play an important role in enabling people to step out of poverty and lead self-determined lives. “Otherwise we would have known that what we have accomplished was impossible.”. In the past, the traditional insurance industry has struggled to reach this vast market. We partner with their leaders to achieve leaps of growth, profitability and impact. Launched in 2008, the group’s portfolio of companies now reaches 130 million people with financial services and healthcare, across 33 countries. South Asian populations are uniquely valuable for understanding the biology of diseases due to founder effects, numerous population subgroups and homogeneity within each subgroup. We now manage $1.5 billion, with 24 Portfolio companies, operating across 35 countries. We typically invest between $10m and $50m in capital, and we actively invest our knowledge and experience. LeapFrog raises $700m for record-breaking third emerging markets fund. CDC committed $25 million to the Leapfrog Fund II in 2013. The company, which operates through its wholly owned subsidiary APA, is active in Kenya, Uganda and Tanzania. Neither Ross nor any of the founders came from the insurance world. In just five years, BIMA has over 32 million subscribers in 14 countries, of which approximately 9 million people are reached with insurance products. At USD $180 million it is LeapFrog’s largest to-date, as well as marking the first investment of the LSAI, a fund in which Prudential Financial, Inc. (PFI) (NYSE: PRU) is the primary investor. LeapFrog Investments 5. New York-LeapFrog Investments has announced the largest-ever private equity fund by a dedicated impact fund manager, surging past its $600m target to reach $700m. The investment also builds on LeapFrog’s partnership with ARM Group following a 2012 co-investment into what is now ARM Life, a high-growth insurer. Our team brings significant operational skills to bear on the development of ARM Pensions’ market presence. 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