Monday
June 22
2020

Six Fintech Innovations Will Boost Financial Inclusion Levels for MENA’s Unbanked

By Alice Haine

Six FinTech innovations will boost financial inclusion levels for disadvantaged communities in the Middle East and North Africa, according to Village Capital, which urges regulators and investors to support start-ups.

Savings and wealth building tech, employment tech, digital ID, financial literacy, access to capital and alternative lending, will all improve the financial health for the region’s unbanked by democratising access to financial services, according to The State of Financial Health Start-ups report from the financial health accelerator, which was endorsed by MetLife Foundation.

Photo courtesy of TheUjulala.

Source: The National (link opens in a new window)

Categories
Finance
Tags
banking, capital, employment, financial health, fintech, MetLife Foundation, startups