Digital finance is just beginning to realize its potential in the health care sector. Take a look at some early examples of how digital financial services are contributing to the goal of universal health coverage.
Kytabu is a Kenyan-based company that offers a textbook subscription service where users can pay in small increments for individual chapters of textbooks and read the content on their cell phones. The company hopes to make educational materials much more accessible and affordable in Kenya.
Driving financial inclusion and expanding energy access have traditionally been considered separate development objectives. But thanks to revolutions in the distribution and financing of off-grid solar, that may be about to change.
For many low-income families worldwide, education can be out of reach. Mobile money and digital financial services have the potential to help families by providing them with better tools that can help them save, plan and make education payments.
What if a teacher in rural Liberia could collect her salary instantly and remotely? USAID recently partnered with the Liberian Ministry of Education to roll out the first mobile salary payments, and the preliminary results are extremely promising.