About FIBR

About company

FIBR (Financial Inclusion on Business Runways) is an innovative R&D project which seeks to demonstrate how smartphones can accelerate and deepen financial inclusion in developing countries. The project 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 nonfinancial sectors to the challenge of the next generation of financial inclusion initiatives.