The bloated legacy technology stack prevents cheaper transactional costs and leaner business models to emerge, leading to severe consequences.
The facts do not lie:
- One-third of the world’s population is still unbanked.
- In 2022, the number will remain at over a billion.
- Add underbanked, and the figures double. That is almost half of the entire planet.
At the same time, the banked are searching for new, leaner, and more rewarding models to use in their everyday life.