Financial Inclusion

Ripple & the Gates Foundation Team Up to Level the Economic Playing Field for the Poor

Many of the world’s poor in developing countries — nearly 2 billion, according to the World Bank — struggle to lift themselves out of poverty simply because they don’t have a bank account or financial services. This is a missed opportunity for

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Lenddo and EFL Team Up to Lead Financial Inclusion Revolution

Lenddo and Entrepreneurial Finance Lab (EFL), leaders in credit decisioning for emerging markets, today announced they are joining forces. Lenders will use the combined company’s unique platform to provide individuals worldwide with unprecedented, affordable access to convenient financial products. United

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New Report Emphasizes Importance of Fintech in Improving Financial Inclusion

Fintech has the potential to dramatically improve financial inclusion, according to a report by the Brookings Institution, an American research group. Incumbents, new entrants, government agencies and policymakers must collaborate in order to harness the full potential of fintech. The

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Get an Advantedj in making Investments with Financial Influencers

Advantedj, a P2P online platform for investment insights specifically for PMETs launched this week. Unlike B2B startups, B2C robo-advisors, banks, online forums, and personal financial advisors, Advantedj levels the playing field with financial influencers for the disadvantaged amateur investors. Through

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Digital Payments: Cash Still King in Vietnam

Despite Vietnam’s high smartphone and mobile Internet penetration rates, consumer adoption of fintech solutions remains low with cash-payment habit being hard to change. “Vietnamese, including the unbanked, have already used their mobile for many activities in their everyday life, but

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How Fintech Companies Can Help Indonesian Banks

With a population of over 250 million, consistent economic growth and high mobile phone penetration, Indonesia has emerged as one of Southeast Asia’s most promising markets for fintech disruption. The World Economic Forum predicts that by 2020, Indonesia will become

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Fintech in Bangladesh: Nascent but Growing

Bangladesh’s undeveloped financial system, huge unbanked population, and increasing smartphone penetration rate, have fueled the development of innovative digital finance solutions. Home to 160 million people, Bangladesh is the world’s eighth densely populated country and one of the top performing

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Why Asia Needs Alternative Credit Scoring

While progress has been made in expanding financial inclusion, there are still billions of people in the world who do not have access to basic banking services, including access to credit. Between 2011 and 2014, the number of people worldwide

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Paycent: Mobile and Cashless Transactions to Improve Financial Inclusion

Singapore-headquartered Texcent is aiming to be the global leader in mobile payments and cashless transactions. It offers a digital payment platform (Paycent) with fully integrated mobile applications, enabling its users to transact in real time 24/7 while allowing merchants to

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The Role Of Digital Finance In Financial Inclusion In Southeast Asia

Asian Development Bank’s (ADB) recently concluded study on digital finance in the region found that addressing digital finance in the countries focused on could boost their gross domestic product (GDP) greatly. The study, named “Accelerating Financial Inclusion in Sout-east Asia

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