In 2011, only 51% of adults worldwide had access to formal financial services. Today, that number stands at 79%— a monumental shift in just over a decade. The latest Global Findex report from The World Bank tells a story of real progress — but also unfinished work. Now, the challenge isn’t just access, it’s usage, safety and resilience. That is why we continue to focus on bringing one billion people into the digital economy by the end of this year - so everyone can benefit from the inclusive economic growth that a digital economy drives. Read more: https://lnkd.in/eEpFuHQz Mastercard Center for Inclusive Growth #FinancialInclusion #InclusiveGrowth #DigitalEconomy
Impressive progress, Now the focus must shift from access to meaningful, safe, and resilient usage. Mastercard
The progress outlined in the Global Findex report is truly encouraging — a testament to what coordinated global efforts can achieve. As highlighted, expanding access is only the first step. Ensuring usage, safety, and long-term resilience is critical to unlocking the full potential of financial inclusion. Integrating one billion more people into the digital economy is not just a milestone — it’s a strategic imperative for inclusive and sustainable global growth. Commendable vision and important leadership in this space.
Mastercard A transição de 51% para 79% em uma década é impressionante e mostra o poder da digitalização. O próximo desafio, como bem apontado, não é mais apenas o acesso, mas a educação e a infraestrutura para garantir que a inclusão seja sustentável e beneficie a todos. Ótimo trabalho do Mastercard e do World Bank em liderar essa discussão.
Inspiring vision
The progress has been remarkable, with lots of work left to do. Onwards and upwards 👏
Data-Driven Researcher | Specializing in Economic, Financial & Market Research, Policy Impact & Strategic Insights | Proficient in Python, R, SQL, & Econometrics
3dAccording to the Reserve Bank of India (RBI), India's Financial Inclusion Index by the end of March 2025 stands at 67 per cent. As per the Global Findex 2025, the adult account ownership in India has reached 89 per cent since 2011. This gap between these two indices proves that there is a lot more to be done on the dimensions of "usage", "quality", "safety", and "resilience".