Emerging Markets Emerging Markets Pains and Potentials Pains and Potentials 37coins
Jul 04, 2015
Emerging MarketsEmerging Markets
Pains and PotentialsPains and Potentials
37coins
Shared Pains
Banking Access Remittance FeesLow tech
Banking Access Remittance FeesLow tech
● Low rate of accounts per capita● Few bank branches
per user● Low usage of credit card● High costs of banking services● Poor banking education
http://www.economist.com/blogs/dailychart/2010/12/remittances
Banking Access Remittance FeesLow tech
Banking Access Remittance FeesLow tech
● Not to many smartphones
http://think.withgoogle.com/mobileplanet
Banking Access Remittance FeesLow tech
● Poor internet access
http://en.wikipedia.org/wiki/File:InternetPenetrationWorldMap.svg
Banking Access Remittance FeesLow tech
● Mobile phones?
Shared Pains
Banking Access Remittance FeesLow tech
Potentials
Banking Access Remittance FeesLow tech
???
● Banking Solutions● Low or zero remittance fees● Using mobile phones only (SMS)