Challenges for Fintech and the unbankedMay 24, 2017 Blog Financial Inclusion , FinTech
The Director of Digital Financial Services Innovation Lab, Jake Kendall explains why he thinks that challenges are immense and progress is slow.
He believes Fintech must overcome:
- Lack of infrastructure and efficient cloud services
- Users who don’t have a digital footprint
- Consumers who lead chaotic and cash-based lives
However, there is a Fintech company in India who is facing all of these challenges. You can read about it here.