13 January 2021

DIT launches Tech for Growth Programme  

Written By FinTech Alliance in Financial Inclusion

DIT launches Tech for Growth Programme  

The UK Government’s Department for International Trade has formally launched its Tech for Growth Programme.  

In Brief:  

  • The programme is designed to help expand financial inclusion in emerging and frontier economies.  

  • It will champion the work of UK technology and financial services firms abroad.  

  • The programme will begin with a focus on sub-Saharan Africa.  

What does this mean?  

As DIT points out, 1.7bn people globally have no access to a bank account. Access to insurance also remains ”chronically low”, particularly in emerging economies. The Tech for Growth programme aims to take advantage of key technological developments, such as mobile penetration, in these markets, in order to boost financial inclusion for everyone.  

DIT is currently looking for companies who can deliver financial inclusion for underserved markets to take part in the programme.  

You can find more information here.

Up Next ...
21 November 2024

Nubank Explores Legal Domicile Shift to the UK Amid Regulatory Changes

The decision, reportedly under discussion with the UK government, aligns with the UK’s efforts to attract global tech firms

21 November 2024

Machine Learning: Revolutionizing Fraud Detection in Banking

These technologies enable financial institutions to analyze vast amounts of transaction data in real-time, identify suspicious activities, and minimize false positives...

21 November 2024

MeaWallet Partners with Integrated Finance to Enhance Digital Wallet and Secure Card Data Access for Fintechs

The collaboration is set to strengthen digital wallet payments and secure card data access capabilities for fintechs

20 November 2024

Atome Financial Secures $200M Credit Facility to Drive Growth

Atome plans to use the funds to strengthen its technological capabilities and grow its market presence, particularly among underserved, young consumers...

More in Financial Inclusion

Posted By The Community

Canopy and Monevo: A Partnership to Empower Renters' Financial Health

29 May 2024

Canopy, a company that aims to make renting easier and more financially secure for households, has r...

Written By: Monevo

Thales offers voice payment options

05 December 2022

Thales has released a voice payment card to support visually ...

PrinSIX’s new platform aims to boost financial inclusion

24 May 2022

FinTech Alliance company PrinSIX has unveiled its new Enterprise Platform.In ...

Tala raises $145mn for financial inclusion 

15 October 2021

FinTech Tala, which offers financial services to the underbanked, has ...

Articles Financial Inclusion

The fintech gender gap

12 June 2023

Can fintech close the gender gap in access to financial services? Using novel survey data for 28 cou...

White Papers Financial Inclusion

Inclusive FinTech 50 White Paper

13 December 2022

Fintech investment is booming. In 2018, a record USD 111.8 billion was invested in fintech, and the...

Articles Financial Inclusion

Women in the C-suite Growth in emerging leadership roles creates new opportunities in financial services

13 May 2020

THE composition of today’s C-suite across industries is markedly different than it was a...

Articles Financial Inclusion

Fintech is Driving Financial Inclusion

09 September 2019

While much of the discourse revolving around innovation in financial services address specific secto...

There are no Events in this category