How Mobile Network Operators Can Help FinTech Startups Scale

Mobile is a global platform that today supports two-thirds of the world’s population, delivering the connectivity and infrastructure that is powering new digital economies and addressing socioeconomic challenges, said Mats Granryd, Director General of the GSMA.

There are only two types of conglomerates controlling access to the most important platform for businesses – smartphone manufacturers and mobile network operators. While smartphone manufacturers are best positioned to control the gateway into one’s digital (and with that, physical) life, telecom operators are in a power of connectivity and distribution. The 2017 global edition of the GSMA’s Mobile Economy report reveals that there will be 5.7 billion mobile subscribers by the end of this decade. By that point, the organization notes, almost three-quarters of the world’s population will be subscribed to a mobile service. Subscriber growth over this period will be driven primarily by large Asia markets such as India, which alone is forecast to add 310 million new unique subscribers by 2020.

Despite being largely over ...

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