Results of the Fintech Benchmarks Proof-of-Concept
Investment capital is flowing into fintech startups, yet it is still challenging to get capital to many fintechs addressing last-mile challenges. Evidence suggests this is driven in large part by a lack of information. Using data collected to test an initial set of Data Standards for Inclusive Fintech, this report presents insights into what we can learn about fintechs as businesses and how they address challenges of inclusion.
The data and insights identified here will be leveraged to scale, iterate upon, and apply the Data Standards to address two of the key challenges currently facing inclusive fintech: bringing clarity to a crowded marketplace of ideas and linking solutions to financial inclusion.