Fintech’s Achilles heel: Reaching low-income consumers | American Banker

Fintech firms have helped change our understanding of what is possible in financial services.

However, the fintech revolution has largely ignored the financial needs of the bottom third of the U.S. population.

Why is fintech failing to address the needs of such a large swath of the market?

While fintech companies have helped change our understanding of what is possible in financial services, disruptors have largely ignored an important user base.

Source: Fintech’s Achilles heel: Reaching low-income consumers | American Banker

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