Reports suggest that about 80% of adult population of Africa, which is estimated to 330 million, have no access to the formal banking system. These potential customers, mostly belonging
Big financial institutions are looking at Singapore as a stepping stone to enter the Asian financial market where a huge part of the population is still unbanked. It has become a home for a
Experts believe that inability to get financial services ultimately results in a vicious cycle of poverty because whatever a poor person earns throughout the day, he spends it by
The fact that over 55% of cellphone users are active data users opens up a new opportunity for reaching the unbanked of Myanmar and closing the 75% gap that exists between micro-credit supply and [...]
The humongous growth in e-commerce has enabled and fueled the growth of FinTech players. The change has started from the retail banking arena, the demand for an optimized payment experience by [...]
One can imagine the pitiable condition of the farmers from the fact that according to United States Agency for International Development (USAID), 30% to 50% of the total rural population is landless.
According to Citi Research, while traditional asset managers charge 1% management fee along with 0.2% to 0.4% ETF fee and other fees, robo advisory firms charge only 0.25% go 0.50% for investment
KPMG, in its last year?s report on Hong Kong FinTechs, gives a positive outlook saying that it is located in the heart of the world's largest opportunity for FinTech growth. "Already, 600 million [...]
VC-backed FinTech companies took 86% of overall FinTech funding in the first quarter of 2016, says KPMG and CB Insights. The confidence of venture capitalists in those undertakings stems from the fact
Before Brexit, FinTech companies used to acquire the license from UK Financial Conduct Authority (FCA) and operate in any of the 27 EU countries. After Brexit, restrictions on free movement of people