Youtap Blog
Cellphones, Not Banks, May Be Key to Finance in the Developing World

Cellphones, Not Banks, May Be Key to Finance in the Developing World

Following the release of a major new report from the McKinsey Global Institute, The New York Times writes:   Developing nations — and to a lesser extent developed economies like the United States — lose enormous amounts of economic potential from the continuing...

Mobile Networks Are Key to Global Financial Inclusion, Report Finds

Mobile Networks Are Key to Global Financial Inclusion, Report Finds

With coordinated action, some 1.6 billion people could gain access to financial services by 2025, writes the Wall Street Journal. The ubiquity of cellphones could allow a rapid expansion of financial services throughout the developing world, with major implications...

Access to banking: Critical to ending poverty

Access to banking: Critical to ending poverty

Deputy country director at United Nations Development Program Indonesia writes: Financial inclusion is an important component of poverty alleviation. It is about increasing access to financial services, especially for the working poor, who typically rely on irregular,...

Mobile Money Holds the Keys to Latin America

Mobile Money Holds the Keys to Latin America

Latin America is one of the hottest emerging regions that can offer a tremendous opportunity for FinTech. As we have recently started discovering local FinTech ecosystems, it became clear that mobile has made a significant impact across industries and that FinTech...

Mobile Money in Latin America is a Hidden Goldmine

Mobile Money in Latin America is a Hidden Goldmine

Mobile money in Latin America is a hidden goldmine as out of the 480 million adults in Latin America, there are a mere 15 million registered mobile money users (3% penetration). FinTech companies looking to ride the wave in the region can continue to benefit from the...