Financial inclusion remains a global challenge, with a considerable section of the world’s population needing access to basic financial services. According to the World Bank, around 1.7 billion adults are unbanked, which means they need access to formal financial services. While there has been improvement in recent years, a significant gap still needs to be… Continue reading Financial Inclusion: Bridging the gap with fintech
Tag: financial services
Robo-Advisors vs. Human Advisors: Finding the Right Balance for Your Financial Future
In the ever-changing landscape of financial advising and investment management, two separate techniques have arisen as rivals for the title of the most effective and efficient means of managing your wealth: Robo-advisors and Human advisors. Both have their unique strengths and weaknesses and choosing the right option can significantly impact your financial well-being. Understanding Robo-Advisors… Continue reading Robo-Advisors vs. Human Advisors: Finding the Right Balance for Your Financial Future
The Rise of Regtech: Fintech’s Response to Regulatory Compliance
The fintech business has grown significantly in recent years, revolutionizing traditional banking and finance. However, as fintech firms continue to disrupt the market, they face an important challenge: regulatory compliance. To meet this challenge, a new industry has formed called Regtech. Regtech, or regulatory technology, is a term that refers to the use of new… Continue reading The Rise of Regtech: Fintech’s Response to Regulatory Compliance
Micro-lending changing the Rural landscape
The origination of the micro-lending industry in India dates back to the 1980s when India took inspiration from Bangladesh’s successful reforms where they benefitted from distributing loans to the underprivileged women of their region. What began as an experiment, quickly turned into something substantial for India. Today, India’s micro-lending portfolio stands at Rs 2.93 Lakh… Continue reading Micro-lending changing the Rural landscape
What are Neobanks and how do they change the FinTech market?
From the years 2021 to 2025, the global fintech market is expected to grow at a CAGR of 23.58%. Contributing to this growth is the concept of Neobanks. With the advent of new technologies and automation taking every industry by storm, the Neobanks industry is expected to grow at a compound annual growth rate (CAGR)… Continue reading What are Neobanks and how do they change the FinTech market?