The Lab for Inclusive FinTech (LIFT) is a research initiative of the Institute for Business and Social Impact (IBSI), in collaboration with the Center for Effective Global Action (CEGA) and the Blum Center for Developing Economies.
Research: LIFT’s portfolio of rigorous research will inform and inspire innovation in fintech and financial services for unbanked and vulnerable populations. LIFT functions as a real-world lab. It combines evaluation and frontier research with fintech, big data, and AI. By forging partnerships with industry, NGOs, and policy makers, LIFT plays a role in the formulation of bottom-up questions and solutions.
Innovation & Experiential Learning: LIFT will equip and inspire UC Berkeley students to contribute to the next wave of inclusive innovation and research, and pursue careers as fintech researchers, regulators, and industry leaders. The Blum Center will launch student engagement and training activities, including undergraduate and masters’ level curriculum, while expanding the Blum Center’s student innovation ecosystem with a focus on digital financial inclusion.
Community & Field Building: LIFT will build a research network and community of practice around fintech and financial inclusion. By convening academic researchers, industry partners, and government policymakers with common interests, LIFT will guide the prioritization of research questions, identify and foster collaborations, and share insights and best practices as evidence is generated on the impacts of technologies expanding into new markets.
LIFT is grateful to Ripple Impact and Binance Charity for their generous support
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