Financial technology (fintech) has taken centre stage in the financial inclusion industry. Many believe that low cost, far-reaching digital solutions hold the key to reach out to the 1.7 billion people worldwide who are still excluded from formal financial services. Not only are fintech initiatives mushrooming, the number of investment activities is also increasing, including those by impact investors such as Triodos Investment Management.
Exploring the promise and the pitfalls
In the publication ‘Fintech: a game changer for financial inclusion?’ Triodos explores the promise and the pitfalls of fintech for the financial inclusion industry. They share the results of a survey conducted with their investees and discuss what fintech means for them as an investor. They also shed light on their fintech investment approach highlighting some of their fintech investments.
Deepening the impact of financial inclusion
Caspar Sprokel, head of equity investments: “Fintech is here to stay and as an investor we have developed an investment approach to contribute in a sustainable, responsible way. To fintech is a means. The aim is not to invest in fintech for the sake of fintech, but to deepen the impact of financial inclusion.”
This publication was originally posted on Triodos’ website: ‘Fintech: a game changer for financial inclusion?’