The World Bank estimates 1.4 billion adults remain unbanked globally, in its Global Findex Report. Fintech solutions like mobile payment platforms have already connected 600 million previously unbanked individuals to financial services.
💸 Why it matters:
1. Financial inclusion empowers individuals to build savings, access credit, and grow businesses.
2. It’s a key driver of poverty reduction and economic development.
3. Inclusive fintech builds trust and opportunity in underserved markets.
💸 US Trend for 2025:
The US fintech market is expected to grow by 11%, with increasing focus on reaching underbanked communities through neobanks and payment platforms.
💸 How Startups and VCs Can Help:
1. Invest in fintech tools that simplify onboarding for underserved communities.
2. Collaborate with policymakers to create inclusive financial ecosystems.
3. Scale solutions globally, focusing on interoperability and digital literacy.
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