Fintech is transforming business communities in the developing world, says Matt Flannery.

Co-founder of fintech start-ups Kiva and Branch, Matt Flannery, told the crowd at Inspirefest 2017 about how new innovations can help the unbanked in sub-Saharan Africa achieve their entrepreneurial dreams.

By helping business owners overcome the obstacle of lack of initial access to capital, a major boost can be achieved: “These are the stories of entrepreneurship and micro-finance all around the world where people just need a little bit of money to make a non-incremental improvement in their business that can really increase their profit margin and help them break the cycle of poverty.”

Words by Ellen Tannam