Episode #195: Enabling the Underserved
This week we have a very honest chat about how to bank the unbanked with Maomao Hu.ย He started working professionally as a graphic designer (like Cello!) at the age of 15 in China before making a pivot to financial technology in 2014 when he founded the Artificial Intelligence practice at management consulting firm The Capital Markets Company. In 2017 he left to co-found blockchain startup Kora, to build infrastructure for community-owned financial services ecosystems on the blockchain.
Kora is building a more inclusive financial system on the blockchain, through infrastructure for community-owned financial services ecosystems. The goal is to provide low-cost, universal access financial services for everyone. We feature Maomao Hu from Kora on todays episode because it is absolutely crucial in bringing financial services to outcasts markets. Providing accessible technology clears the path to literacy and inclusion in terms of financial services. It makes launching a financial services business as cheap and easy as launching a new instance on AWS, with the prime benefit of driving down costs and increasing the variety of offerings for customers.