In many parts of the world, financial inclusion isn’t as simple as walking into a bank and signing up for an account. Some people live miles away from the nearest branch, while others are blocked by endless paperwork, high fees, or strict requirements. Yet, smartphones are everywhere—acting as a gateway to the digital world and offering new opportunities to access financial services without the barriers of traditional banking. Despite this, billions remain financially excluded, relying on cash, expensive remittance services, or risky informal lenders
source: https://news.shib.io/2025/04/03/crypto-and-financial-inclusion-unlocking-opportunities-in-the-developing-world/?utm_source=rss&utm_medium=rss&utm_campaign=crypto-and-financial-inclusion-unlocking-opportunities-in-the-developing-world