What is SocialFinTech.org and why does it matter?

Today there are still 2 billion people in the world who lack access to formal financial services.

An increasing number of for-profit and mission-led companies around the world are harnessing the power of technology to step in and offer digital and mobile financial services to a larger portion of the population, with lower fees, mobile-based close customer service, native smartphone budgeting options and much more.

The Social FinTech sector is still very fragmented. These types of firms often find it difficult to connect with others and have limited access to support systems.

Socialfintech.org is attempting to solve this issue by creating the world’s first online Social FinTech hub for Social FinTech companies.

Services such as:

bank accounts, loans, savings, investment, insurance

Powered by innovation:

digital, mobile-based, artificial intelligence, blockchain, cryptocurrency.

For the greater good:

reaching the unbanked, democratizin financial services, finance literacy, higher efficiency, transparency.

Companies that integrate these three concepts creates new, extended or different ways to make positive impact in society, through generating access to financial inclusion and literacy, gender equality and environmental sustainability.

Social FinTech startups are a key enable to reduce poverty and boost prosperity. Besides, they support the achievement of the UN Sustainable Development Goals (SDGs).