Look Toward the East
The path toward broader inclusion — especially financially driven inclusion — starts with acknowledgement of structural impediments within our lives, our communities, and our cultures. Financial inequality is a human created problem that can be solved. While there are 1.7 billion adults worldwide that are truly unbanked — without any access to the formal financial services system — the advent of mobile phones, mobile money, and mobile credit systems has enabled many of these economies to leapfrog the West, and bring more people into the traditional economic system.
In this episode of One Vision, Theo and Bradley chat with Chenni Xu from Ant Group, on the financial inclusion efforts at the Alibaba affiliate, its impact on small businesses in China, and what lies ahead.