Fintech Ecosystem Development Corp. (NASDAQ: FEXD) Continues to Support Cashless Society Technology by Meeting Mobile Money Needs Through Diverse Portfolio of Products and Services
Digital money is replacing physical cash and further supporting the growth of a growing cashless society driven by the pandemic and other factors FEXD supports the United Nations’ Sustainable Development Goals of reducing cross-border transaction costs from 7 percent to 3 percent FEXD plans to offer a diverse portfolio of products and services to consumers and businesses in the United States, South Asia, East Asia, Africa, Europe, and Latin America Financial technology, more commonly referred to as fintech, fuels economic growth and reduces inequality, poverty, and informality in underdeveloped companies. For impoverished people and small businesses without access to financial…