Despite the proliferation of fintech apps, a significant portion of the global population, particularly in developing countries, remain financially excluded and lack basic banking services.
The digital remittance market was valued at $19.8 billion in 2023, anticipated to grow at a compound annual growth rate of 14.7%, reaching $43.26 billion by 2028.
Technology alone cannot solve financial exclusion; it must act as a catalyst for change, as demonstrated by India's innovative regulatory approaches.
India accounts for half of global payment volume, showcasing the remarkable impact of fintech and digitalization in increasing financial inclusion.
Collection
[
|
...
]