The new collaboration aims to tackle inequality in accessing financial services and, as part of the agreement, WEF will provide a series of insights and best practices to follow, as well as develop policies to boost financial inclusion.
However, when talking about financial inclusion, Thunes CEO stated that it will take time, as the infrastructure is slow to evolve and the inequality in the financial services space continues to be high.
Both the World Economic Forum and Singapore-based fintech Thunes are working closely to meet the needs of a changing population and address pressing matters that are shaping today’s global financial system. The partnership reflects a trend of public-private alliances and multi-stakeholder collaboration.
For more information about Thunes, check the company’s profile on The Paypers database.
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