A few weeks ago the World Bank released the triennial Global Findex Database for 2017. We covered the release on...
In 2011 the World Bank released the first ever Global Findex Database as “the world’s most comprehensive data set on how...
The Global Findex Database and accompanying report give a clear indication of how fintech is impacting access to financial services globally. Source
Victory park Capital is partnering with the International Finance Corporation on a new fund to invest in fintech startups in emerging economies; the IFC is a private sector sister organization to the World Bank; "The reliance on mobile devices for day-to-day life is more prevalent in emerging markets and that creates a big opportunity," Brendan Carroll, a senior partner and cofounder of VPC, told Business Insider; while the size of the fund is not disclosed they plan to work on about 3 to 4 deals a year. Source.
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