Financial Inclusion Institute

Financial Inclusion in the Digital Age

Technology can help provide affordable financial services to the 2 billion unbanked adults globally

Let's build a better future together
Financial Inclusion supports Economic Growth

Micro, Small and Medium Enterprises in developing economies account for one-third of the GDP and half the employment and yet less than 20% have access to credit from FIs

IFC estimates financing gap of $2.1 to 2.6 trillion
Digital Identity as a step towards Legal Identity

1.7 billion people in the world do not have a legal identity and are socially and financially excluded. They cannot have access to healthcare, education, social benefits, bank accounts, voting rights etc

Identity is the New Money; Digital Identity can lead to inclusion and economic empowerment
Identity as a means for Financial Inclusion and Economic Empowerment

Identity is a step towards Financial inclusion. And Inclusion is not an end in itself, but a means to development outcomes. Without access to financial services, people cannot save, pull themselves out of poverty, be entrepreneurs, invest in their education, manage risk, or absorb financial shocks

Financial Inclusion in the Digital Age

Report

Financial Inclusion in the Digital Age Report_March 2018 The report on Financial Inclusion in the Digital Age was published in March 2018. It has been co-authored by Anju Patwardhan, Managing Director at CreditEase FinTech Investment Fund and 2016 Fulbright Fellow at Stanford University; Kai Schmitz, Investment Lead for the Global FinTech Investment Group of IFC; […]

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Handbook of Blockchain, Digital Finance, and Inclusion

Books

Handbook of Digital Finance and Financial Inclusion explores recent advances in digital banking and cryptocurrency, emphasizing mobile technology and evolving uses of cryptocurrencies as financial assets. Chapters have been contributed by leading fintech experts globally. Contributors go beyond summaries of standard models to describe new banking business models that will be sustainable and likely to […]

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Financial Inclusion in the Digital Economy

Op-Ed

As per the World Bank Global Findex 2014 report, two billion adults in the world are financially excluded i.e. they do not have access to reasonably priced financial services from sound and sustainable financial institutions. That is 38% of world’s adult population. The numbers are even larger when we add lack of access to credit and […]

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Financial Inclusion: Is SME lending the Goldilocks of digital banking?

Op-Ed

Can digital plug the SME credit funding gap and support financial inclusion? Lack of financing for small business has vexed policy makers around the globe for years but, by working together, banks, governments and technology companies have it within their power to solve the problem today. More than 200 million small and medium enterprises (SMEs) […]

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Peer-to-peer lending: banking’s wake-up call

Op-Ed

Far from sounding the death knell, competition from new lenders could be a golden opportunity for incumbent banks Banking is undergoing a major transition. No longer the only choice for consumers, banks are facing a tsunami of competition from non-traditional competitors. There are online, non-bank financial services for everything a consumer needs: from loans, to […]

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Digital Identity

Over 1.7 billion people in the world do not have a legal identity. These include refugees, those displaced by war or territorial disputes or natural disaster...

Credit Scoring

Almost 4.5 billions consumers worldwide are financially excluded from lending products because banks do not have historical credit data on them. Many fintech...

Universities and Research Organizations

Several universities are encouraging students to work on technology ventures that support financial inclusion. UC Berkeley’s SCET is running a Collider...

Financial Education

Financial inclusion and financial literacy go hand in hand. Financial education about household economy is critical in ensuring households do not get overly ...

Financial Inclusion in the Digital Age

Technology can help provide affordable financial services to the 2 billion unbanked adults globally

Financial Inclusion supports Economic Growth

Micro, Small and Medium Enterprises in developing economies account for one-third of the GDP and half the employment and yet less than 20% have access to credit from FIs

Digital Identity as a step towards Legal Identity

1.7 billion people in the world do not have a legal identity and are socially and financially excluded. They cannot have access to healthcare, education, social benefits, bank accounts, voting rights etc

Identity as a means for Financial Inclusion and Economic Empowerment

Identity is a step towards Financial inclusion. And Inclusion is not an end in itself, but a means to development outcomes. Without access to financial services, people cannot save, pull themselves out of poverty, be entrepreneurs, invest in their education, manage risk, or absorb financial shocks