Working as a tech journo, I meet many people with big, world-changing ideas.
This week I had the pleasure of talking to Michael Schlein, President, and CEO atAccion.
Accion is a global nonprofit committed to creating a financially inclusive world.
It’s free, every week, in your inbox.
Accion has been around for over 60 years with a legacy in microfinance andfintechimpact investing.
Even worse, the 2.8% figure was an all-time high.
This not only benefits themselves and their families but their wider communities.
From these they can make local payments, international remittances, and cash withdrawals at local ATMs.
Many companies focused on remote healthcare.
But Accion saw the inequality experienced by the poor accessing services, such as business loans and insurance.
Many mainstream providers are reluctant to serve the poor, making it hard for people to gain financial security.
This created an opportunity for fintech startups and investors to make a difference.
Fintech platforms can help small businesses pivot
Covid-19 also created the need for new business models.
Food trucks are much cheaper to launch than brick-and-mortar restaurants.
This makes them attractive to people outside of conventional hospitality.
They represent all genders and races and dont require a university degree or fluent English.
COVID saw many restaurants limit their seating, creating an opportunity for many trucks to expand their business.
But people running food trucks also need to be on top of keeping themselves safe.
They also need to position their trucks to suit the stay-at-home audience.
So, Goodfynd helps customers find food trucks through an app.
Maybe youre the founder or CEO of a fintech startuplooking to create products that radically change the finance sector?
Check out the full list of speakershere.
Story byCate Lawrence
Cate Lawrence is an Australian tech journo living in Berlin.
