Flow Global reaches global break-even after $200M+ disbursed and 1M loans processed

Flow Global, a London-based portfolio company of ours, focused on improving access to finance for informal and small businesses, has reached global break-even.

Across their markets, they have disbursed over $200M as of 2025.

They have also reached a milestone of one million loans processed.

In emerging markets, more than 90 percent of businesses are MSMEs (Micro SMEs), and approximately 77 percent operate informally. These businesses face a combined annual financing gap of $5.7 trillion.

Flow is now licensing its technology to financial institutions in Zambia and Madagascar to help them serve informal MSMEs more effectively.

With traction across four African markets, Flow is expanding into Latin America and Asia, where small and informal businesses face similar access-to-capital constraints. Ad astra Michael Rothe & Nitin Garg!