Emerging markets across the globe are experiencing a transformative shift in the way financial transactions occur. The growth of payouts in these regions has ushered in an era of economic empowerment, financial inclusion, and technological innovation. This article explores the factors contributing to the impressive growth of payouts in emerging markets and the profound impact on local economies and global financial systems.
Digital Financial Inclusion
One of the most compelling drivers of payout growth in emerging markets is the rapid expansion of digital financial inclusion. According to the Global Findex Database 2017, there has been a significant increase in account ownership in developing economies. For instance, in sub-Saharan Africa, the percentage of adults with a bank account grew from 24% in 2011 to 43% in 2017, largely driven by mobile money services.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.