EmergeVest is proud to be a strategic investor in Lucy

Founded in 2020, Lucy is a mission-driven neobank targeting foreign domestic workers and female entrepreneurs in South East Asia, and has been designed from the ground up to help them realise their potential, grow, thrive and shine. Lucy's useful and flexible financial services and app helps women become unstoppable - empowering business growth that helps transform lives, families, communities and countries.

EmergeVest’s investment enabled Lucy to implement initial marketing efforts, customer services, expansion of the tech platform, ramp up security and compliance, and launched in Singapore in late 2021 with a suite of financial products including fee-free accounts with debit Mastercard; goal-based savings; low-cost remittances; and earned wage access. Lucy has been seeing significant and consistent month-on-month growth in customer uptake and adoption, and has recently launched a pay-it-forward card rewards program that benefits underprivileged women.

Diversity and inclusion are a fundamental part of the culture and long-term strategy at EmergeVest and we are proud to be a seed investor in Lucy, which allows it to further support female entrepreneurs.

Read more about how Lucy is helping female entrepreneurs: https://bit.ly/3JGfzIE

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