21 June 2021
From 2011 to 2017, approximately 1.2 billion new consumers gained access to formal financial services. FinTech innovations have both disrupted the traditional financial services sector and thrived within the space created, changing the financial landscape and the way it operates and better-serving customers. This is particularly important for women, as they face structural disadvantages and fewer opportunities compared to men.
This guideline note provides practical guidance and shares the successful implementation of FinTech to complement the MSME financing landscape.