What happens when an organization incorporates compassion throughout its policies, procedures, and culture? What is the impact on all stakeholders in an organization when human needs for care, consideration, and connection and are considered alongside business and impact outcomes? Research, and practice, show that the needs of people and the needs of organizations are not mutually […]
There is so much exciting innovation around financial health coming out of Europe’s startup hubs — but ironically, virtually none of this innovation is reaching the large refugee populations living inside Europe’s borders.
Between 2015 and 2017, three million people fled violence or persecution to seek refugee status in the European Union. As the conversation has shifted from crisis management to population integration, one of the most important questions has become how to integrate refugees into the formal financial systems of their new homes. Fintech offers tremendous potential to help underbanked refugee communities, from digital ID tools that replace the need for missing identification, to digital banking products that make it easier to send money to family back home.
But European fintech startups face significant barriers around working with refugee populations – from burdensome regulations to challenges around building trust with a population that has deep concerns around security and privacy. This panel will build on the lessons of Village Capital and PayPal’s report, Breaking Down Barriers, to discuss how investors, traditional banks and government leaders can work together to reduce these barriers to scale and impact.
Marta Zaccagnini, Programs Manager, Europe, Village Capital
Misha Roa, Founder, Haus of Fintech
Nick Mason, Co-founder and CEO, Zaka