We are building a new kind of financial institution for international aid. We envision a world where money flows for the greatest impact.

Global
Joined December 2012
Yesterday we had an interesting @FrontierTechHub Next Steps session with @FCDOGovUK colleagues on "using blockchain to make an impact". As well as ourselves @Disberse, we had representatives from @Datarella (Germany) and BenBen (Ghana). We had some thoughts! (1/?)
3
6
7
15
OK, here we go. This learning document is quite long, and I assume you all have twitter-length attention spans now, so here are some key lessons in a THREAD (1/who knows)
Replying to @Disberse
Finally, in Sprint 4 we produced a learning document that captured key lessons from both the FTL pilot and our longer company history. Blog: medium.com/frontier-technolo… (6/6)
1
4
9
In 2019/20, we partnered with @DFID_UK / @FCDOGovUK & @UNOCHA. The pilot was organised as a series of sprints, during which we conducted research and analysis of Country Based Pooled Funds in Iraq & the Occupied Palestinian Territories. (1/6)
1
2
2
7
Finally, in Sprint 4 we produced a learning document that captured key lessons from both the FTL pilot and our longer company history. Blog: medium.com/frontier-technolo… (6/6)
1
1
4
The reports for Sprints 1-4 can be found within the Resources section of disberse.com and are well worth a read
2
In 2018 we delivered our alpha pilots in partnership with the @StartNetwork + its NGO members. These pilots validated our model of distributing funds faster, cheaper and more transparently. Our learning notes can be found in the Resources section of disberse.com (1/3)
1
3
1
6
Following these, we joined a consortium to launch the 121 Project. We were responsible for setting up channels between individual donors in the Netherlands & UK and individual recipients via banks in Ethiopia & Malawi. The pilot was cancelled due to the Covid-19 pandemic. (2/3)
1
2
Our existence was based on solving a complex financial challenge for the aid industry. The global financial system is slow, expensive and opaque. Banks weren’t built to meet the needs of the aid industry. (1/5)
1
3
1
5
Efficiency: Bank charges, poor exchange rates and currency fluctuations raise costs, reducing the amount that reaches those in need (4/5)
1
1
Mismanagement: These three problems increase the likelihood of waste, including potential for fraud and corruption (5/5)
1
In 2016, we set out on a journey to build a new type of financial institution for #aid. We made a lot of progress - but we didn’t achieve our biggest ambition (1/4)
1
5
10
We learned a lot along the way, so we‘ve converted disberse.com into a learning hub, where you can learn about our work, and access key resources which share our lessons (3/4)
1
1
9
We explain more about this, and share some of the most important lessons, on our Medium post here medium.com/@paulcurrion/on-t… (4/4)
6