50% of Women Globally Are Financially Excluded and FinTech Can Change It

Financial inclusion is one of the greatest advantages brought by FinTech into the developing world. It may be hard to believe, but in 2016, when the financial services industry is as hot as it has ever been, 2 billion people don’t have access to formal financial services. FinTech is serving a noble goal of making the world a better place and creating opportunities for those excluded from the global community.

As we have been rolling out the chapter on financial inclusion, it became clear that our passion for FinTech is more than a professional interest – it is a way of looking at the world and its most prominent issues related to inequality and extreme poverty. Financial exclusion has been strongly facilitated by economic downfalls and the global banking industry. About 10 years ago, we would have a different perception of what is acceptable and accessible in financial services and the costs associated with them. With the rise of FinTech, our mindset ha ...

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