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The current explosive growth of the financial technology sector – or FinTech – in emerging markets has helped millions of people address immediate needs and overcome daily challenges related to accessing electricity, getting seed capital or cash for emergencies, receiving professional healthcare advice, basic literacy and maths tuition. Most importantly, FinTechs are providing a range of affordable and convenient banking services to people who are usually unbanked or underbanked, paving the way for achieving universal financial inclusion.
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