{"id":2652,"date":"2016-02-03T09:39:04","date_gmt":"2016-02-03T01:39:04","guid":{"rendered":"http:\/\/www.www.innovationiseverywhere.com\/?p=2652"},"modified":"2016-02-03T09:39:04","modified_gmt":"2016-02-03T01:39:04","slug":"fintech-startups-from-emerging-markets","status":"publish","type":"post","link":"https:\/\/innovationiseverywhere.com\/fr\/fintech-startups-from-emerging-markets\/","title":{"rendered":"FinTech startups from emerging countries"},"content":{"rendered":"

Rather than fighting against the banks, lots of Fintech startups have addressed another market: the unbanked population<\/strong>.\u00a0 They represent about half of the world\u2019s population<\/strong>, and are especially present in emerging countries from Asia and Africa. 40% of them has access to a mobile phone, which can provide the infrastructure to financial services such as payments, transfers, savings, remittance but also credit and investment.<\/p>\n

We have curated and analysed a few startups from these countries\u00a0which\u00a0are directing their efforts towards the financial inclusion<\/strong> of the unbanked population.<\/p>\n

 <\/p>\n

Fintech startups in mobile wallets and digital currencies<\/h1>\n

 <\/p>\n

By using the famous digital currency Bitcoin, the startups BitPesa<\/a> <\/strong>in Kenya has entered the remittance market and solved an important issue for the African diaspora around the world. Kenya is also home to the most advanced mobile money market in the world with the M-Pesa<\/strong>.<\/p>\n

The Philippines, 3rd<\/sup> largest remittance market after China and India, could also lead the way in the digital currency with Coins.ph<\/strong> <\/a>as Filipinos are heavy users of mobile phones.<\/p>\n

And to make these mobile wallets work in point of sales, more startups offering payment gateways<\/strong> have popped up such as Kopo Kopo<\/a><\/strong> in Kenya or ToneTag<\/a><\/strong> in India.<\/p>\n

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BitPesa is a bitcoin trading platform. It provides an online platform to convert digital currency such as bitcoin into local African currencies.<\/p><\/div>\n

Fintech startups facilitating credit\u2019s access with social media and P2P lending platforms<\/h1>\n

 <\/p>\n

Platforms such as Lenddo<\/a><\/strong> in the Philippines, Columbia, India and New York are giving access to credit to more people by using social media data<\/strong> to reduce the risk, while P2P lending platforms<\/strong> such as WeLab<\/a><\/strong> in Hong Kong, China and India, Crowdo<\/a><\/strong> in all Asia or IndiaLends<\/a><\/strong> in India are making lending available to individuals or SMEs\u00a0at lower rates and with less hassle.<\/p>\n

 <\/p>\n

\"Lenddo

Lenddo has developed an algorithm that determines people\u2019s credit worthiness based on their social media presence.<\/p><\/div>\n

 <\/p>\n

Fintech startups offering trading and investing services for all<\/h1>\n

 <\/p>\n

Automated investment services<\/strong>, sometimes called \u201cRobo-advisers<\/strong>\u201d, are also expanding rapidly in Asia, especially China, after US and Europe. The leading mobile trading and investing service in Asia is the startup 8 Securities<\/a><\/strong>. Its main competitor is Tencent, which proposes a wealth management service through its famous messaging app WeChat.<\/p>\n

\"8

8 Securities is the leading mobile trading and investing service in Asia.<\/p><\/div>\n

 <\/p>\n

 <\/p>\n

Download our\u00a0analysis of these startups:\u00a0\u00ab\u00a0Sourcing of startups from emerging countries\u00a0\u00bb<\/a>.\u00a0<\/b><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Rather than fighting against the banks, lots of Fintech startups have addressed another market: the unbanked population.\u00a0 They represent about half of the world\u2019s population, and are especially present in emerging countries from Asia and Africa. 40% of them has access to a mobile phone, which can provide the infrastructure to financial services such as […]<\/p>\n","protected":false},"author":6,"featured_media":2662,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[49,87],"tags":[],"class_list":["post-2652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-innovators-category","category-startups-innovators"],"_links":{"self":[{"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/posts\/2652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/comments?post=2652"}],"version-history":[{"count":0,"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/posts\/2652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/media?parent=2652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/categories?post=2652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/innovationiseverywhere.com\/fr\/wp-json\/wp\/v2\/tags?post=2652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}