Any fintech software development company would agree that access to financial services is a fundamental right that empowers individuals and drives economic growth. Unfortunately, a significant portion of the global population remains excluded from the formal banking system, facing barriers that prevent them from enjoying the benefits of financial services. This segment, known as the underbanked, often lacks access to credit, savings accounts, and other basic financial tools. However, with the rise of financial technology (fintech), a transformative shift is occurring in the financial landscape, offering unprecedented opportunities to bridge the gap and enhance financial inclusion for th
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