Tag: Mali

Mali is a frontier market for FinTechs. The ecosystem comprises 18 FinTechs, 11 enablers funding partners. The Malian Government understands the need to strengthen the entrepreneurship ecosystem. It is in the process of creating policies to utilize digital solutions. This will require investment in skills, education, and support of the startup sector backed with strong mentors.

This paper looks at how poor people use informal, semi-formal and formal sector savings systems and services to better manage their household income and expenditure flows.