Fair By Design

Profile

Fair By Design is a UK-based initiative focused on eliminating the additional costs, known as the 'poverty premium', for essential services like energy, credit, insurance, and payments that disproportionately affect low-income individuals. They collaborate with regulators, government bodies, and industries to influence changes that promote financial inclusion and reduce these costs. The team works to redesign these service structures to benefit those most impacted by unfair pricing models. Though the exact team size is not specified, their approach involves strategic partnerships and advocacy efforts rather than typical investment activities.

The organization does not follow a traditional investment strategy as a venture or private equity firm would. Instead, they focus on areas of social impact by addressing issues of financial exclusion and advocating for systemic changes. Fair By Design's strategy revolves around influencing policy and industry practices to bring about a fairer economic system. Due to the absence of specific financial metrics or investment stages, details on check sizes, specific sector investments, or geographic focus are not applicable.

There are no publicly noted investments in companies as their primary function is not investment-driven but rather impact and advocacy-focused. By working closely with various stakeholders, including governmental and non-governmental organizations, Fair By Design aims to stimulate long-term change in how essential services are priced and accessed by lower-income populations.