Starting a Digital Bank for underpriviledged

I have 18 years of experience in banking with digital payments and products, for past 5 years i have been working with startups on different projects, across Europe, Middleeast & Asia.

The recent Covid-19 encouraged me to start a digital bank for unbanked and underbanked population who do not have access or qualify to banking products and services in South America, Europe, Middleeast & Asia.

This digital bank will not only provide basic banking services such as account opening and transactional deposits but will provide small loans low as such as 1000$ with flexible payment terms and or digital donations products for individuals to restart lives and be self dependent. Moreover various loyalty products such as gift cards and vouchers, credit cards, debit cards and ecommerce trade platforms will provide them one window solutions to their financial needs.

I believe in todays day and age where we are all going virtual and majority of the , each individuals should have a mobile phone with internet access as currently only 61% of global population have access to mobile phones.

Our target markets are labors, low wage earners, sex workers, maids, and many others who are invisible in our society today.

The objective is to improve financial inclusion while being banking regulatory compliant and provide greater access to those who are being denied. Moreover this will help small business owners to improve their business as we partner with them.

All the ground work is ready, As fund raising grows the bank grows along. We would be giving out 100$ worth of Visa gift cards for free to 1000 Individuals to our random pool of donors.

Your contributions could change many people lives and families.

You can check me out on Linkedin.https://www.linkedin.com/in/dharmendar-kumar-a4482...