Main Conference - Danske Bank Fintech & Dreams Stage
Panel: Impact in Fintech
15:35 - 16:15
The Universal Financial Access goal set by the World Bank is that by 2020, adults, who currently aren't part of the formal financial system, are able to have access to a transaction account to store money, send and receive payments as the basic building block to manage their financial lives. In 2018 CARE Denmark and Copenhagen FinTech joined forces with the aim to match the challenges faced by developing countries with the solutions of smart and evolving fintech companies. The vision was to bring new concepts and innovation to the way we are working with poverty and global aid programs. This revealed a huge potential for the development aid and humanitarian sector, financial institutions and fintech entrepreneurs to partner. In this ‘track’ we explore the initial learnings from the partnership and initiatives alike, how the next steps can be taken and how it can be scaled. Why? Because fintech (and often together with NGOs) can make a bigger impact using the latest technologies and business models to address problems that truly matter!