Financial Inclusion

Proving Identity for Financial Services

People in places with weak financial services infrastructure don’t have accounts, credit histories or ‘normal’ documentation. The World Bank says there are 2 billion people unbanked in the world today. But of these, 1 billion have cell phones – an new channel for mobile money and financial services. Digital inclusion enables financial inclusion.
Bluenumbers let people create real-world profiles in lieu of a formal credit history. A digital identity including sales records, peer testimonials and uploaded evidence of good practice and local standing, may be accepted instead of traditional certificates or documents.

Other Challenges