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Microfinance 3.0 to tap the massive Underbanked opportunity

microfinance-pyramid

By Bernard Lunn

This is financial inclusion in action and is key to lifting billions out of poverty into a global middle class (and that will be key to global growth). More innovation is needed and is coming in the form of:

Most bankers and most entrepreneurs fight over the Overbanked in the West (spoilt for choice and very rarely switch suppliers) and ignore the massive Underbanked blue ocean market where demand is strong and supply is weak.

Daily Fintech Advisers provide strategic consulting to organizations with business and investment interests in Fintech.

 

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