The LeapFrog Emerging Consumer Fund III, LP (2017) is a $743 million fund offering exposure to high quality financial services and healthcare businesses across Asia and Africa.

The fund aims to invest in businesses that provide quality, relevant and affordable products to the two billion (and rising) underserved emerging consumers, living on less than $10 a day.

By June 2021, the fund had reached 93 million people after four years, surpassing the 70 million target for the full life of the fund.