2009 Economy Underserved 
Fintech News
APRIL 24, 2025
Micro Connects core financial tool, Revenue Based Obligations (RBOs), offers investors direct and diversified access to the daily cash flows of the global consumer economy. Wacai Valuation: $1 billion Founded in 2009, Wacai is a fintech company focused on making wealth management simple and accessible for everyone. Dana Valuation: $1.3
Fintech News
FEBRUARY 4, 2024
Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. Firms like Fidelity Investments, Wells Fargo , and Morgan Stanley are driving social impact through initiatives targeting minority and underserved groups.
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Fintech News
AUGUST 19, 2024
Founded in 2009, East Ventures has evolved into a comprehensive platform providing multi-stage investments from seed to growth stages for over 300 tech companies across Southeast Asia. Founded in 2002, Gobi Partners supports entrepreneurs from early to growth stages, focusing particularly on emerging and underserved markets.
Fintech News
JULY 23, 2024
This approach has enabled CapBay to provide over MYR 3 billion (US$643 million) in financing to more than 1,700 underserved SMEs across 20 diverse industries. It also invests in community initiatives, equipping underserved communities with future-ready skills and promoting food resilience.
The Fintech Times
MAY 21, 2024
“Too many consumers today are locked out of the digital economy because identity verification systems rely on outdated data sources and methods,” said Josh Linn , senior VP of product and GM of compliance at Socure. “At Solving the identity challenges of underserved populations is not only an economic imperative, but a moral one.
CB Insights
FEBRUARY 13, 2020
Growing the internet economy. In 2009, a decade after PayPal started offering online payments, San Francisco-based startup Square brought payments innovation to the point-of-sale , allowing businesses with smaller transaction volumes to accept card payments with its card reader and mobile phone card reader. Virtual card issuance.
PYMNTS
MARCH 28, 2016
And, in many situations – particularly in developing economies, not having access to cash creates it. The last time that data was released (2009) by the trade group that represents these 13K outlets, they reported that 350 million transactions totaling $106 billion (with a “B”) of services was delivered to 30 million consumers.
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