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Introduction

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MicroFinTech

Part of the book series: Palgrave Studies in Financial Services Technology ((FST))

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Abstract

Microfinance is a renowned albeit controversial solution for giving financial access to the unbanked, even if micro-transactions increase costs, limiting outreach potential. The economic and financial sustainability of microfinance institutions (MFIs) is a prerequisite for widening a potentially unlimited client base. Automation decreases costs, expanding the outreach potential, and improving transparency and efficiency.

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Notes

  1. 1.

    See Armendariz De Aghion and Szafarz (2009).

  2. 2.

    See World Bank (2018).

  3. 3.

    See Sangwan and Nayak (2020).

  4. 4.

    Tutino (2013).

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Correspondence to Roberto Moro-Visconti .

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Moro-Visconti, R. (2021). Introduction. In: MicroFinTech. Palgrave Studies in Financial Services Technology. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-80394-0_1

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