Celebrating 5 years of impact

Ripple and Mercy Corps Ventures have impacted 14.4 million lives through frontier tech for financial inclusion and climate resilience

Explore Our Journey

14M+

people reached

Across Africa and Latin America through inclusive, tech-enabled solutions.

20

pilots launched

Testing frontier technologies like blockchain and AI to unlock financial and climate resilience.

29

startups backed

Through strategic investment and support from Ripple and RippleWorks via MCV Venture Lab.

Unlocking Opportunity

Since 2020, Ripple and MCV have collaborated to support emerging market entrepreneurs and small-medium enterprises (SMEs) building solutions for financial resilience through blockchain and fintech innovation. 

By the numbers

  • Through the first four years of our partnership (2020-2024), we have jointly reached over 14M people (exceeding the target of 880,000)

  • We have published 82 insights pieces (target: 2), spoken at 73 events (target: 3) and developed a Blockchain Crypto Working Group to capacity build Mercy Corps.

  • With the support of Ripple / RippleWorks, Mercy Corps Ventures has invested in 29 companies since 2020. (Target: 8 to 10)

    Mercy Corps Ventures has invested in 54 early-stage companies, 44% of which have at least one female co-founder, resulting in more than $500M in follow-on funding

  • We have conducted 33 deep dives with our portfolio companies and completed 48 light touch engagements (surpassing the targets of 12 and 17, respectively).

  • With Ripple’s support, we have launched 20 pilots through our Venture Lab. (Target: 7 to 10)

Product Collaborations

Mercy Corps and Ripple have collaborated to leverage Ripple’s payments and Ripple USD (RLUSD) stablecoin to improve the speed, transparency, and impact of treasury management, aid delivery and program funding.

Crypto For Good Fund

Scott Onder, Chief Investment Officer at Mercy Corps Ventures

“Ripple has been a catalytic funder and partner for Mercy Corps Ventures, helping us drive meaningful impact across our portfolio.”

Ken Weber, VP of Social Impact at Ripple

“Mercy Corps Ventures has been a trusted partner for Ripple with an exceptional record of responsibly testing scalable, transformative solutions in emerging markets.”

Thank you, Ripple!

Let’s Keep Building Together