PINTEC President Zhou Jing Lays Out Vision for Financial Inclusion

Zhou Jing, the president of Pintec Technology Holdings Limited ("PINTEC"), a leading independent technology platform enabling financial services in China, laid out her vision on Monday for how to drive financial inclusion globally, which will require providing financial products and services to meet the needs of individuals and businesses in a responsible and sustainable way.

Today there are approximately 2 billion adults globally, or almost a third of the world's population, who do not have access to formal financial services, Zhou said in an address to the Banking Tech North Africa conference in Cairo, Egypt. The drive for the financial inclusion of this group that is currently under-served by traditional financial institutions must focus on three key areas: a recognition of millennials as the financial force of tomorrow; financial access that can overcome geographic challenges; and a new approach to financing micro, small, and medium-sized enterprises, she said.