How do we transform emerging data about low income individuals into inclusive financial services?


FIBR seeks to learn how to transform emerging data about low-income individuals and link them to financial services by working with partners that touch the lives of underserved customers.

FIBR is a new project by BFA in partnership with The MasterCard Foundation

What does FIBR do?

FIBR identifies small businesses as vital nodes as their rate of smartphone adoption is already much higher than the population as a whole and they interact and transact with a web of low-income employees, suppliers and customers on a daily or regular basis.

By focusing on this indirect channel to financial inclusion, FIBR aims to identify and harness the energies, advantages and experiences of new partners in non-financial sectors to the challenge of the next generation of financial inclusion initiatives.

Learn more by downloading our brochure.

FIBR is exploring different types of relationships, or links, between financial service providers and low-income customers. The smartphone now makes it possible to propose new and more targeted solutions by a new range of players. How this happens and what will succeed is largely untested but it will be a transformative contribution to the financial services sector and how the poor better manage their money.
— David Porteous, CEO of BFA

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