MetLife Foundation aims to improve the financial health of low-income individuals across the globe by creating access to financial products and services that are safe, affordable, convenient and effectively designed to help people achieve their goals.
Through our work and the work of our partners, we have seen successes in the use of digital technology and behavioral economics to expand access to — and effective use of — financial services. In 2017, we increased our focus on investments in these areas.
Our commitments and partnerships have generated valuable lessons, which we share with the financial inclusion community and apply to continually improve the design of new grants.
Financial inclusion means that households and businesses have convenient access to a full suite of quality, affordable financial services, delivered by trustworthy providers who treat customers with respect. When used effectively, these services enhance financial well-being, enabling more people to manage life’s risks, seize its opportunities and pursue their dreams.
Our strategic areas of focus include:
Applying Technology and Innovation for Greater Impact
To deliver safe, affordable and convenient financial services at scale — and meet changing expectations around speed and ease of use — the financial inclusion community is taking full advantage of new technologies, reimagining product design beyond “one size fits all,” and experimenting with new business models.
Leveraging Behavioral Economics to Drive Positive Change
To encourage healthier financial behavior among their customers, financial institutions must first understand why people make certain decisions. By applying behavioral economics insights to their product offerings and service approach, our partner organizations are more effectively helping clients spend less and save more.
Advancing New Insights and Sharing What We Learn
MetLife Foundation and our grantees continuously share lessons learned in order to improve our work and to advance the knowledge of the global financial inclusion community. With our partners, we prepare white papers, publish articles and sponsor and appear at conferences.
Notice for Grant Applicants:
MetLife Foundation reviews proposals by invitation only from organizations that have proven success in the area of financial inclusion. Please note that we will not review unsolicited letters of inquiry or proposals.