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More than 50 institutions agree on guidelines for responsible digital financial services

21.06.2018

More than 50 organisations – including development finance institutions, such as BIO, FMO, DEG, CDC and IFC, commercial investors and fintechs – have jointly developed “Guidelines for Investing in Responsible Digital Financial Services”.

The aim of these guidelines is to provide access to useful financial services at fair conditions. This is particularly important in developing countries, in which fintechs frequently target households with low incomes and micro-companies. At the same time, the new guidelines allow investors to tap into new investment fields and to manage risks more effectively.

Click here to read the guidelines.