Author: Karl Westvig

FinTech as a force for good in society is well-documented, driving financial inclusion among the unbanked and underserved. Africa is leading the charge, underlining the power of technology to solve societal problems. It is not just the unbanked that are included by FinTech, but also the small and medium enterprise (SME) sector that continues to be excluded by mainstream banks. The power of FinTech to bank millions of underserved and unbanked people is a testament to how technology can be used for good. By bypassing the need to build brick and mortar banks, FinTechs are effectively giving the poorest a…

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