Konfio

#Fintech for Good – A feasible dream or just pretty posturing?

Many Fintech firms have sustainability and social impact at the heart of what they do. For example, Omisego has a Blockchain based use case, focused on Financial Inclusion in South East Asia. They offer users a mobile eWallet that runs on the OmiseGO decentralized exchange (DEX) to send, buy, sell, or trade fiat currencies, digital assets, and cryptocurrencies. Konfio focuses on unsecured SME lending delivered digitally in Mexico. Humaniq was originally based in Africa, and has most of its customers in the continent. The Bio-Id capability that Humaniq developed acts as the stepping stone for many in Sub-Saharan Africa to access financial services. The company has recently hit a key milestone of 400k customers across 16 African nations. BIMA is a Swedish-British startup, focused on providing affordable insurance to consumers in the developing world.

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