Breaking Barriers to Financial Inclusion: A Reality Check
Whatever Happened to #FinancialInclusion?
Let’s be blunt. If you’re an immigrant or a diverse founder trying to make it in a new market, you’re not just battling the usual startup hurdles. You’re also dealing with a whole host of barriers that are uniquely designed to keep you out. Welcome to the club. The club where financial inclusion is talked about a lot but delivered rarely.
Here’s the cold, hard truth: #FinancialInclusion is a myth until we address the systemic hurdles that keep diverse founders from accessing capital.
Let's break it down.
Local Revenue Myopia: The Global Growth Killer
You’re running a global business, raking in millions across borders. But when you go for capital, the conversation grinds to a halt unless those millions are rolling in from the local market. Your success elsewhere? Irrelevant.
But haven't you seen the millions booked over here???
This local revenue myopia is frustrating and a direct barrier to scaling your company and accelerating your impact.
Limited Networks, Limited Opportunities
Let’s get real—if you’re not local, you’re on the outside looking in. Building the right connections and accessing the right networks are all a far cry from what the locals enjoy. Without these networks, securing the capital and resources you need feels like trying to run a marathon in quicksand.
But here’s the kicker—it doesn’t have to be this way.
Equity for Access: The Absurd Cost of Capital
So, you’ve hustled for years, pulling 96-hour weeks, taking on all the risk. And now, when it’s time to scale, you’re told to hand over a controlling chunk of your company just to get a seat at the table. We’re talking up to 50% in the US or 30% in Singapore. Seriously? After all that blood, sweat, and ramen noodles, you’re supposed to hand over the keys to a “local” director just to get funding?
This isn’t just a heavy price; it’s an extortionate toll on your vision and your hard work. Why should your dream come at the cost of your control?
Introducing R3i Boundless: Your Partner in True Financial Inclusion
This situation is just so crazy - we had to create the change we wanted to see.
At R3i Boundless, we’re not here to play by the old rules. We’re here to rewrite them. We believe that access to capital shouldn’t come with strings attached—or in this case, chains. Our mission? To dismantle the barriers that keep diverse and immigrant founders from thriving in new markets.
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Why Did We Build R3i Boundless?
Because it’s time. It's time to stop talking about financial inclusion and start making it happen.
It’s time to level the playing field. Financial inclusion shouldn’t be a privilege; it should be a right.
Simple Funding Applications
R3i Boundless taps you into one of the fastest-growing capital marketplaces for SMBs. We match you to the right strategic capital provider for your business.
A single profile for all your future funding applications. See only vetted lenders and their products that fit your business needs - you don't have to navigate through the 100s of calls a day from brokers or applications to banks that were never going to serve you anyway.
Get guaranteed SLAs from financial institutions and lenders to get the money when needed. Save time on applications and apply to multiple lenders to easily compare offers without destroying your credit file.
Ready to break the barriers?
Read the press release here: https://www.einpresswire.com/article/735133413/boundless-and-r3i-announce-strategic-partnership-to-revolutionize-deeptech-financing
It's time to change the system.
Together, we rise.
Mybabybridge : Autonomous IVF
6 个月Bang on
Director and CFO looking for roles with moral companies. Mining economics & energy transition expert and optimist.
6 个月Well done Leesa. Similar to what we have been talking about KATE MARIA VINTHER