The uptake in mobile money in developing markets is generating unprecedented opportunities for innovation in digital financial services, products, and business models. Fintech innovation has the potential to propel financial inclusion forward immensely by lowering the costs associated with reaching the mass market with new products and services. However, in developing countries – where these innovations are most needed – it is hard to find fintech startups that are ready for investment, leading to investor frustration and a scarcity of early-stage funding and mentorship for promising ventures.
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November 2017
AuthorsWAM NY Marketing Committee. Categories |