You are currently browsing the tag archive for the ‘Omidyar’ tag.
> Posted by Elisabeth Rhyne, Managing Director, CFI
Amidst all the excitement about disruptive fintech innovators it helps to sort out what innovations are actually at play. Australia Wealth Investors, together with KPMG-Australia and Australia’s Financial Services Council, have created a list of the top 50 fintech innovators for 2014, based on a combination of ability to raise capital and subjective judgment about the degree of innovation or disruption the company represents.
I clicked on all 50 (so you don’t have to) to get a sense of where the action really is. Here’s my quick and dirty categorization. It may help to read this to the tune of “The 12 Days of Christmas”, starting with:
> Posted by Elisabeth Rhyne, Managing Director, CFI
The following post was originally published on the CGAP Microfinance Blog.
The Center for Financial Inclusion’s project, Financial Inclusion 2020 is attempting to make predictions about the future of access to finance for the world’s low income people. So I was delighted to discover in a stack of old papers a CGAP Focus Note containing a rich set of predictions for the future of microfinance – from 2006. These predictions were contained in several sets of scenarios that examined possible futures for financial inclusion. For each topic, CGAP envisioned an optimistic scenario and a pessimistic one.
With six years gone by, it is possible to look back and see how the scenarios have fared. Acknowledging that in 2006 both the global financial crisis and the iPhone were in the future, CGAP did pretty well – both in anticipating important positive changes and warning about possible negative ones. Here are my comments on 10 of the predictions drawn from either the optimistic or pessimistic scenarios put forth.
1. Hundreds of millions of poor and unbanked clients gain access to cell phones. Absolutely. If anything, this prediction was too timid. At that time, CGAP foresaw much of the new access through shared phones, and they did not yet imagine the power and accessibility of smart phones.
Facebook
Twitter
Recent Comments