 "financial inclusion")
In 2017, when smartphone payments were making inroads across the world and Unified Payments Interface (UPI) was just a year old in India, a tiny African country was celebrating a decade of digital wallets. Launched in Kenya in 2007, M-Pesa showed the world how technology could put financial inclusion on a fast track.
Back home in India, the government had started laying the groundwork for financial inclusion over five decades ago. But adoption of technology and its advancement have sped up the growth and deepened the reach of financial services.
Laying the groundwork
The early initiatives of financial inclusion started
