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Showing posts from August, 2025

Ways Tech in Finance is Transforming Microfinance Institutions

  Microfinance institutions (MFIs) have long been instrumental in promoting financial inclusion across rural and underserved regions. They provide essential credit and savings services to low-income individuals, empowering them to build livelihoods, invest in health and education, and manage financial emergencies. However, the traditional MFI model has faced numerous challenges—manual processes, high operational costs, poor transparency, and limited scalability. Today, financial technology—or fintech—is revolutionizing this landscape. With powerful digital tools such as microfinance software , mobile applications, AI, and cloud-based platforms, MFIs are undergoing a remarkable transformation. These technologies are enabling MFIs to expand their reach, increase efficiency, enhance customer service, and ultimately drive sustainable growth. 10 Ways Tech in Finance is Transforming Microfinance Institutions In this article, we explore the key ways in which tech in finance is transformin...