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Bankless Banking Is Ready For Its Close-Up

YoungUpstarts

While many Indians are unbanked, mobile phone adoption is on the rise. India has about 200 million mobile subscribers and is adding 5 million new users monthly. Microfinance institutions are able to offer more competitive loan rates to their users to take advantage of lower costs due to dealing in cash. What are mobile payments?

India 100
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Leapfrogging into the Future

thebarefootvc

When speaking about the blockchain to many people in the United States, I get a puzzled look on why the technology matters. Use a mobile phone to transfer money? And furthermore, why shouldn’t the transactions be cross-border and interoperable, and not dependent on a specific mobile operator? I last went to Burma in 2007.

Burma 40
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article thumbnail

Leapfrogging into the Future

thebarefootvc

When speaking about the blockchain to many people in the United States, I get a puzzled look on why the technology matters. Use a mobile phone to transfer money? And furthermore, why shouldn’t the transactions be cross-border and interoperable, and not dependent on a specific mobile operator? I last went to Burma in 2007.

Burma 40
article thumbnail

Leapfrogging into the Future

thebarefootvc

When speaking about the blockchain to many people in the United States, I get a puzzled look on why the technology matters. Use a mobile phone to transfer money? And furthermore, why shouldn’t the transactions be cross-border and interoperable, and not dependent on a specific mobile operator? I last went to Burma in 2007.

Burma 40