Sentences with phrase «serve underbanked»

«Bitcoin is also becoming very popular in Sub-Saharan and East Africa where it fills the need to serve underbanked communities and where the cryptocurrency steps in place of sometimes absent currencies,» Minckwitz said.

While there's plenty of startup money going to personal loan companies serving underbanked populations, only a sprinkling — less than 1 % — in the last decade has been earmarked for fintech companies providing prepaid cards and other basic bank services, according to a ValuePenguin study of investment dollars in fintech companies focused on underserved Americans.

Not exact matches

As examples let's take a few Ethereum based Blockchain projects that have made serving the unbanked and underbanked their main focus.