How much money is fintech likely to mobilize for sustainable development?

Ibrahim Eid, whose Valify solution won the 2019 Arab Financial Inclusion Innovation Prize, explains how e-KYC works and how a digital identity can give customers access to financial services.

Using data collected to test an initial set of Data Standards for Inclusive Fintech, this report presents insights into what we can learn about fintechs as businesses and how they address challenges of inclusion. 

The excitement around fintech in India is palpable. Many see it as a market-led solution to the policy objective of financial inclusion. Fintech regulation must therefore be designed carefully to prevent and mitigate risks while also preserving the potential for financial inclusion.