Lessons from Remarkable FinTech Companies for the Financial Inclusion in Peru

Financial inclusion, defined as the adequate access and usage of formal financial services to improve people’s lives, is a crucial area for economic development country through its various angles. This paper analyzes impact selected FinTech companies on inclusion in their respective countries obtain lessons business models environments that can help Peruvian inclusion. The FinTechs are M-PESA Kenya, Nubank Brazil, GCASH Philippines, Easypaisa Pakistan, which revolutionized sector countries. However, comparative study has not been conducted yet; therefore, obtained helpful situation due practical implications because they raise possible areas further deeper research. approach this considered qualitative quantitative method (to find Pearson correlation between percentage population Country (A) users (a) six demand-side indicators per retrieved from Global Findex Database) analysis understand results obtained. indicate GCASH, specialized providing basic mobile money transactions such remittances withdrawals, did provision other savings or credit cards. In Easypaisa’s case, company positively impacts studied indicators, probably original partnership with microfinance institution. Regarding Nubank, despite remarkable growth last years, does affect Brazil yet. Nonetheless, after recent expansion provide more services, future research could assess Brazilian