The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution

Global Findex Database 2017
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Access to financial services is vital to global development, making it easier to invest in health, education, and business. Accounts with a bank or mobile money service help families manage economic emergencies that can push them into poverty. According to the 2017 Global Findex database, financial inclusion is on the rise globally, but progress is uneven and 1.7 billion adults remain unbanked. The data also show that mobile phones and the internet are opening up access to financial services for millions of people for the first time, and the transformative power of fintech could bring financial services to millions more.

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