To many of us, we see banks as a necessity; like schools, transport or food shops. They’re part of the familiar infrastructure of modern capitalism, and we would struggle to function normally without them. Yet did you know that as many as 1.7 billion adults remain unbanked—without an account at… Read More »What are banks for?
CEO and founder of hiveonline, helping financially excluded entrepreneurs thrive, author, cyclist, opera nut and fake Dane
Transforming Financial Inclusion in Niger Niger is the one of the most undeveloped countries in the world, according to the UN’s Human Development Index. It’s a vast country, the largest in sub-Saharan Africa with a population density of just 14 per kms. Only 7% of people have bank accounts, and they’re… Read More »Financially and Culturally Excluded — but Growing Business with Blockchain
February saw us returning to Niger to meet with customers and prospective partners in the country, with great support from CARE Niger and CARE Denmark. Meeting customer groups is always a priority for us. On this visit we were happy to reconvene with a VSLA federation in the City of… Read More »Connecting with the female entrepreneurs in Niger
According to the World Bank, “Financial inclusion means that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.” Written by Sofie Blakstad Today, around 1.7 billion adults don’t… Read More »What is financial inclusion and why is it important?
The place of technology has transformed in our lifetime, moving from the mainframe to the palm of our hands. Once it meant efficiency, but now it’s enabling our lives, and whole economies, to change. In the 1970s, my mother was a COBOL programmer, working for Hammersmith Council. There were sandbags… Read More »Fintech Revolution: From Data Management to the New Financial Ecosystem
hiveonline has been selected as European finalist in the MIT Inclusive Innovation Challenge, who award over one million dollars in prizes each year to innovators supporting the future of work. hiveonline is one of three innovative companies selected in this category from companies across the whole of Europe. “We’re deeply… Read More »hiveonline finalist in MIT Inclusive Innovation Challenge
Thanks to all of you who have pre-ordered our forthcoming book, Fintech Revolution: Universal Inclusion in the New Financial Ecosystem (Palgrave Macmillan). We’ve got some good news for you, thanks to popular demand the price in the US has now dropped. Anyone who’s pre-ordered it will pay the new, lower… Read More »Fintech Revolution: Price drop alert!
We’ve seen a lot of movement in government’s attitudes to fintech and cryptocurrencies over the course of the last two years, and the UN Environment Programme’s Inquiry into a Sustainable Financial Future, driven by Simon Zadek and Nick Robins, has been pivotal in driving the change from lack of awareness,… Read More »G20 Sustainable Finance Study Group
We’re working on several projects for developing economies in the background, and a theme that’s emerging is the need for automation, auditing and removing friction from microfinance solutions. With Microfinance Institutions providing loans to one of every ten people on the planet, and charging an average 40% interest, they’re both… Read More »New whitepaper on hiveonline’s microfinance solution