Tag "financial inclusion"

How Fintech Can Be The Key Driver of Financial Inclusion

Fintech companies use software and digital platforms to deliver financial services to consumers and businesses. These digital tools and solutions often disrupt established business models by creating new and more efficient means of providing services. In the context of financial

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Fintech in Myanmar, an Overview

In countries like Myanmar, financial inclusion is a topic of growing importance. The rapid advances in technology are changing the way people access and consume financial products. In Myanmar, fintech companies and corporations are capitalizing on the country’s rapid development

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World Bank’s IFC To Invest US$25M In CompareAsiaGroup

CompareAsiaGroup, a financial comparison service in Southeast Asia, is about to raise US$25 million from the World Bank Group’s private equity arm, the International Finance Corporation (IFC). The IFC said in the filing that the proposed investment in CompareAsiaGroup “aligns

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Fintech (Startup) Of The Month: TransferTo, A Cross-Border Mobile Payments Network

TransferTo is a leading B2B mobile payment network and airtime hub serving the likes of Western Union, PayPal, Xoom, 7 Eleven, WorldRemit, Tigo mobile money and MoneyGram. TransferTo interconnects financial institutions and mobile operators globally, linking over 4.5 billion mobile

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India’s Fintech Sector Poised to Take Off

India’s fintech scene is quickly transitioning into a dynamic ecosystem for startups to grow as the government and regulators are aggressively supporting the ambition of the Indian economy to become a cashless digital economy and emerge as a strong fintech contestant.

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Digital Technologies And Fintechs to Drive Financial Inclusion in Asia

With an estimated 2 billion adults and 200 million micro, small and midsize businesses (MSMEs) worldwide considered as unbanked or underbanked, financial inclusion has emerged as a critical development challenge and an opportunity for fintechs. The unbanked are those who

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A Profile of Smartphone Users in the Philippines

Smartphones have changed the way Filipinos communicate. There’s no doubt that communication technologies are making Filipinos more social, making sure they stay connected with their circle. In fact, the Philippines has been called the text-messaging capital of the world. With

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BIMA Leverages Mobile Tech to Bring Insurance Products to Developing Countries

With over 20 million customers and operations in 14 countries across Asia, Africa and Latin America, BIMA is a leading insurtech company that uses mobile technology to deliver affordable insurance and health services, and fuel financial inclusion in developing countries.

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Filipino Fintech Startup Brings Pawnbroking to the Digital Age

Aimed at solving the problem of expensive credit and interest in emerging countries, PawnHero has launched the first pawnshop operating in Southeast Asia that doesn’t have an actual physical outlet. In the Philippines, over 70% of the population has visited

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Zidisha: Crowdfunded Microloans to Reduce Poverty

In the context of financial inclusion, fintech holds boundless potential. Fintech players, who use software and digital platforms to deliver financial services to consumers, are helping in making financial products and services more attainable than ever. According to Julia Kurnia,

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