underbanked Archives - Market Mad House

daniel October 2, 2017October 2, 2017 alternative fintech projects, Emerging market consumers, fintech projects, Micro Lending, Microlending, MicroMoney, mobile-scoring system, no credit history, only 27% of the South East Asian population has a bank account, P2P credits, reliable credit customers, skip traditional banking services, Smartphones Golden Age, the unbanked and underbanked people in emerging markets, top five conventional banking apps in China!, unbanked, underbanked, WeChat Pay and the Alipay apps

Mobile Phones and the Internet are changing the Face of Banking

Emerging market consumers, in the same way, skip traditional banking services and move to online wallets, payday loans cards, P2P credits and to online applications for loans that can be taken via smartphones! That happened since people found it is much easier and faster to do it by phones, however, this fact formed a new trend in financial services.