Page 33 - memoria_fundapro_ing

regards to the use of electronic that facilitates the accelerated
payment tools, however, the expansion of correspondent
growth rate of the DFS is slow, agents, which is an effective
which explains the reduced instrument to expand the

infrastructure. Nevertheless, it is scope at a low-cost and, to
expected that the geographical disseminate the financial
reach for the provision of education and generate trust.

financial services, along with Concerning the barriers from
the high penetration of mobile the demand perspective, the
ACCORDING TO telephony can translate into lack of knowledge and mistrust

THE MAPPING an encouragement for the about the DFS stand out.
CARRIED OUT provision of mobile wallet Financial educations, as well
BY FUNDA-PRO, services. as better users’ experience are
SOLYDES, FEF elements that most certainly
It stands out that, in Bolivia,
AND BIM, IN will contribute to make the
one of the main pieces of the
BOLIVIA THERE process of adoption and use
puzzle is in place. It’s related to
ARE 160 STARTUPS of these types of services more
the inter-operations between
OF WHICH 24 ARE dynamic.
financial services providers,
FINTECH.
which are demanded by As microfinance has reliability
regulation issued by the BCB. shown, more and better

For this reason, the country access and use of financial
has a robust payments’ services have the capacity to
service. reduce poverty and stimulate

Among other key pieces that economic growth. Nowadays,
are still needed for building Inclusive Digital Economy and
the DFS ecosystem, according Digital Financial services can

to the report mentioned and shall have a strong impact
above, this is a regulation in the fight against poverty.

SPECIAL REPORT 31