Learn about financial inclusion

Fintech innovation is changing the world – better products & services can positively impact financial inclusion, capability and wellbeing

 

1 in 5 can’t understand a bank statement
2 in 5 have just £100 in savings
1 in 6 is experiencing serious difficulties as a result of their debts
1 in 5 is not saving anything for retirement
1 in 33 adults doesn’t even have a bank account
31% of people have at least 1 sign of financial stress
24% of households have no savings
8m people are over-indebted

Why is financial inclusion and capability so important?