Can Governments Ignite Financial Inclusion Programs?

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• Is bitcoin relevant in developing markets? Apparently some innovators believe so. Africa’s mobile money market is poised to grow to $15 billion in the next five years, and startups including BitX, ICE3X and Bitsoko are hoping that will help them build in a demand for bitcoin.
• Big players launch new initiatives. Visa has upped the ante in the developing markets by opening a development center in Bangalore and launching mVisa, a mobile payment service that the company will test in Southern India.
• Going beyond money in. As the market matures, advanced services including peer to peer lending and bill pay are outperforming essential services of mobile banking and airtime top-up.

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• This edition includes 8 new companies: Azimo, IDT Corporation, BitX, Telma, Tigo, Mobile Financial Services, WorldRemit and Transfast.
• We also updated profiles of two existing players: Nettcash and Airtel Money.

[/vc_column_text][/vc_column_inner][/vc_row_inner][vc_row_inner][vc_column_inner width=”3/4″][vc_text_separator title=”Commentary” title_align=”separator_align_left”][vc_column_text]This month’s tracker includes a detailed commentary on how government-sponsored initiatives can sometimes be the boost that markets need to move financial inclusion initiatives forward.  [/vc_column_text][/vc_column_inner][vc_column_inner width=”1/4″][vc_single_image image=”159519″ img_size=”full” alignment=”center” style=”vc_box_shadow_3d” onclick=”custom_link” img_link_target=”_blank” link=”http://www.pymnts.com/wp-content/uploads/2015/08/X-Border-Payments-Optimization-Tracker-l-August-8-12-15-4PM-Final.pdf”][/vc_column_inner][/vc_row_inner][vc_separator][vc_separator][vc_custom_heading text=”DOWNLOAD THE AUGUST 2015 TRACKER” font_container=”tag:h2|text_align:center” google_fonts=”font_family:Oswald%3A300%2Cregular%2C700″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”159512″ img_size=”full” alignment=”center” style=”vc_box_shadow_3d” onclick=”custom_link” img_link_target=”_blank” link=”http://www.pymnts.com/wp-content/uploads/2015/08/Financial-Inclusion-Tracker-August-.pdf”][vc_btn title=”DOWNLOAD NOW” color=”default” align=”center” i_icon_fontawesome=”fa fa-download” link=”url:http%3A%2F%2Fwww.pymnts.com%2Fwp-content%2Fuploads%2F2015%2F08%2FFinancial-Inclusion-Tracker-August-.pdf||target:%20_blank” button_block=”true” add_icon=”true”][/vc_column][/vc_row]