Gerry Poirier is CEO and Founder of AngeLink, an AI-driven social crowdfunding platform powered by women. Read Gerry Poirier's full executive profile here.
In the interconnected world we live in, the economic disparities and social inequities faced by underserved communities around the globe remain a stubbornly persistent problem. According to the World Bank and the World Health Organization,Women and the global majority have been historically excluded from accessing financial services. The wealthiest 10% of the global population, while the poorest half owns just 2%.
The emergence of neobanks, mobile banking, crowdfunding and microlending has begun to revolutionize financial inclusion, offering new hope for those previously excluded.With a smartphone and an internet connection, neobanks are enabling more people to gain access to financial platforms. From 2011 to 2021, the rate of account ownership worldwideGSMA’s 2023 Mobile Economy report
The transition of the global economy from one-to-one individual transactions through legacy remittance systems to one-to-many in crowdfunding disrupts existing systemic economic imbalances, creating unprecedented market potential for people around the world to support friends and family with small amounts of money in real time. Crowdfunding can help provide necessary funding while potentially validating business ideas, building a customer base and raising market awareness.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
FINNOVEX South Africa 2024: Empowering the Financial RenaissanceFINNOVEX South Africa 2024: Empowering the Financial Renaissance
Read more »
Dustin Poirier on Islam Makhachev: ‘He Wants to Grapple–I Want to Fight’Poirier challenges Makhachev for the undisputed lightweight championship this Saturday at UFC 302
Read more »
Empowering equality: How Web3 and AI technologies can transform information access in emerging marketsIntegrating blockchain and AI revolutionizes information accessibility, empowering user-driven content dissemination and challenging censorship and misinformation
Read more »
Empowering the Future of Banking: Celebrating Innovation and Excellence at the 12th Edition Connected Banking SummitEmpowering the Future of Banking: Celebrating Innovation and Excellence at the 12th Edition Connected Banking Summit – Southern Africa 2024
Read more »
Dustin Poirier Reveals Do’s and Don’ts in UFC 302 Islam Makhachev FightPoirier responds to criticism of his ground game, explains what he must do to win at UFC 302.
Read more »
UFC 302: Makhachev vs. Poirier Start Time, Date, Betting Odds, and Full CardHere are the UFC 302 betting odds and watch info ahead of Islam Makhachev vs. Dustin Poirier for the UFC Lightweight Championship inside the Prudential Center in Newark, New Jersey.
Read more »