Finastra determined to redefine global finance post-COVID-19
Finastra, one of the world’s most successful fintechs, has announced its intention to transform finance in the MEA, APAC and Americas regions
Finastra, one of the world’s most successful fintechs, has announced its intention to transform finance in the MEA, APAC and Americas regions
Finastra, one of the world’s most successful fintechs, has announced its intention to transform finance in the MEA, APAC and Americas regions.
Reportedly part of its ongoing strategy of empowering unbanked communities, enabling financial inclusion and shortening the SME (small-medium enterprise) trade gap, the company intends to achieve its goals through open cloud platforms and a commitment to innovation.
Through this approach, Finastra, in collaboration with its partners, hopes to improve the lives of nine million people around the world. Examples of how it is attaining this result include:
Bringing the future forward
The innovation stimulus provided by the pandemic cannot be overstated when considering the accelerated uptake of tech-based finance solutions globally.
As more and more companies awaken to the democratising potential of digital payments solutions, neobanks and e-wallets, the broader distribution of wealth among historically underserved communities becomes increasingly viable.
As COVID-19 continues to catalyse the evolution of finance, fintech leaders such as Finastra will be responsible for setting a new standard for the industry to follow.
“The pandemic has brought the future forward, driving increased demand for digital transformation in the financial services sector,” commented Wissam Khoury, Head of International at Finastra.
“We’re committed to helping our customers accelerate through this change with our technology and ecosystem. This is also a pivotal moment in which we have the chance to redefine finance for good and create new solutions that put better outcomes for society at the centre.”