Microfinance Drivers •Microfinance is growing, this trend is primarily driven by: 01 High levels of mobile phone penetration in Asia, which in turn has led to the rise of internet platforms with massive scale. 02 Technology companies now have more transaction data than banks and they are CH funneling this into alternative lending platforms. TE N I F F O TE TA S E TH
State of FinTech Report | PwC & SBC Page 54 Page 56