• News
    • Latest news
    • News search
    • Health
    • Finance
    • Food
    • Career news
    • Content series
    • Try Devex Pro
  • Jobs
    • Job search
    • Post a job
    • Employer search
    • CV Writing
    • Upcoming career events
    • Try Career Account
  • Funding
    • Funding search
    • Funding news
  • Talent
    • Candidate search
    • Devex Talent Solutions
  • Events
    • Upcoming and past events
    • Partner on an event
  • Post a job
  • About
      • About us
      • Membership
      • Newsletters
      • Advertising partnerships
      • Devex Talent Solutions
      • Contact us
Join DevexSign in
Join DevexSign in

News

  • Latest news
  • News search
  • Health
  • Finance
  • Food
  • Career news
  • Content series
  • Try Devex Pro

Jobs

  • Job search
  • Post a job
  • Employer search
  • CV Writing
  • Upcoming career events
  • Try Career Account

Funding

  • Funding search
  • Funding news

Talent

  • Candidate search
  • Devex Talent Solutions

Events

  • Upcoming and past events
  • Partner on an event
Post a job

About

  • About us
  • Membership
  • Newsletters
  • Advertising partnerships
  • Devex Talent Solutions
  • Contact us
  • My Devex
  • Update my profile % complete
  • Account & privacy settings
  • My saved jobs
  • Manage newsletters
  • Support
  • Sign out
Latest newsNews searchHealthFinanceFoodCareer newsContent seriesTry Devex Pro
    • News
    • New funding models

    The revolutionary changing the way you do development

    "We have the resources, we understand what works, and we have the technologies to make it possible," says Michael Faye, the co-founder of GiveDirectly and Segovia. "We could be the generation that ends extreme poverty."

    By Catherine Cheney // 06 June 2016

    When trucks and ships were the only ways to deliver goods, perhaps it made sense that donors would decide what the poor needed. But today the global development community has more advanced technology and a better sense of what is working than ever before. Now, some say, is the time to replace intuition with evidence to accelerate the path to ending extreme poverty.

    This was the message Michael Faye delivered at a recent forum organized by the Center for Effective Global Action in San Francisco. The co-founder of GiveDirectly, the nonprofit behind unconditional cash transfers to mobile phones, and Segovia, the software technology platform that streamlines payments to emerging markets, shared the unifying motivation behind all of his projects: ending poverty with digital payments.

    Faye is not just a radical dreamer in the global development sector who challenges worn out proverbs of the “teach a man to fish” variety. He, and his longtime collaborator Paul Niehaus, are revolutionaries actively challenging the way development professionals work today. Together they’re putting money in poor people’s pockets without the intervention of aid agencies, NGOs, or aid workers.

    This article is free to read - just register or sign in

    Access news, newsletters, events and more.

    Join usSign in

    Read more stories:

    ► New company from GiveDirectly founders aims to streamline payment systems

    ► Can charity raters achieve both rigor and scale?

    ► What a $25M grant will mean for cash transfers to the poor

    • Humanitarian Aid
    • San Francisco, California, United States
    • Washington, DC, District of Columbia, United States
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Catherine Cheney

      Catherine Cheneycatherinecheney

      Catherine Cheney is the Senior Editor for Special Coverage at Devex. She leads the editorial vision of Devex’s news events and editorial coverage of key moments on the global development calendar. Catherine joined Devex as a reporter, focusing on technology and innovation in making progress on the Sustainable Development Goals. Prior to joining Devex, Catherine earned her bachelor’s and master’s degrees from Yale University, and worked as a web producer for POLITICO, a reporter for World Politics Review, and special projects editor at NationSwell. She has reported domestically and internationally for outlets including The Atlantic and the Washington Post. Catherine also works for the Solutions Journalism Network, a non profit organization that supports journalists and news organizations to report on responses to problems.

    Search for articles

    Related Stories

    PhilanthropyAmid aid cuts, the future of cash programming hangs in the balance

    Amid aid cuts, the future of cash programming hangs in the balance

    HumanitarianOpinion: Deep aid cuts show cash transfers have never been more urgent

    Opinion: Deep aid cuts show cash transfers have never been more urgent

    The Trump EffectRapid response funds for organizations affected by the US aid freeze

    Rapid response funds for organizations affected by the US aid freeze

    Devex NewswireDevex Newswire: Remittances outstrip ODA — but can they replace it?

    Devex Newswire: Remittances outstrip ODA — but can they replace it?

    Most Read

    • 1
      Opinion: Mobile credit, savings, and insurance can drive financial health
    • 2
      How AI-powered citizen science can be a catalyst for the SDGs
    • 3
      Opinion: The missing piece in inclusive education
    • 4
      Opinion: India’s bold leadership in turning the tide for TB
    • 5
      How to support climate-resilient aquaculture in the Pacific and beyond
    • News
    • Jobs
    • Funding
    • Talent
    • Events

    Devex is the media platform for the global development community.

    A social enterprise, we connect and inform over 1.3 million development, health, humanitarian, and sustainability professionals through news, business intelligence, and funding & career opportunities so you can do more good for more people. We invite you to join us.

    • About us
    • Membership
    • Newsletters
    • Advertising partnerships
    • Devex Talent Solutions
    • Post a job
    • Careers at Devex
    • Contact us
    © Copyright 2000 - 2025 Devex|User Agreement|Privacy Statement