From Theory to Practice

The challenges Big Finance and Big Technology bring to social finance must be faced, and the opportunities they offer seized, if their potential to scale social impacts are to be realized. The previous chapters describe these challenges and opportunities,

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Navigating Big Finance and Big Technology for Global Change The Impact of Social Finance on the World’s Poor Gayle Peterson · Robert Yawson Ellen J. K. · Jeremy Nicholls

Palgrave Studies in Impact Finance

Series Editor Mario La Torre Sapienza University of Rome Rome, Italy

The Palgrave Studies in Impact Finance series provides a valuable scientific ‘hub’ for researchers, professionals and policy makers involved in Impact finance and related topics. It includes studies in the social, political, environmental and ethical impact of finance, exploring all aspects of impact finance and socially responsible investment, including policy issues, financial instruments, markets and clients, standards, regulations and financial management, with a particular focus on impact investments and microfinance. Titles feature the most recent empirical analysis with a theoretical approach, including up to date and innovative studies that cover issues which impact finance and society globally.

More information about this series at http://www.palgrave.com/gp/series/14621

Gayle Peterson · Robert Yawson · Ellen J. K. · Jeremy Nicholls

Navigating Big Finance and Big Technology for Global Change The Impact of Social Finance on the World’s Poor

Gayle Peterson Said Business School University of Oxford Oxford, UK Ellen J. K. Anon, UK

Robert Yawson Quinnipiac University Hamden, CT, USA Jeremy Nicholls Social Value International Liverpool, UK

ISSN 2662-5105 ISSN 2662-5113 (electronic) Palgrave Studies in Impact Finance ISBN 978-3-030-40711-7 ISBN 978-3-030-40712-4 (eBook) https://doi.org/10.1007/978-3-030-40712-4 © The Editor(s) (if applicable) and The Author(s), under exclusive licence to Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover credit: Gavin Douglas/Concern Worldwide This Palgrave Macmillan imprint is pu