Setting up banks in India’s slums and villages might, in theory, give people more access to financial services, but showing up isn’t always enough. Aiming to make finance novices comfortable, Fino is opening branches that look shabby enough to blend into the background of these communities.

Although young people in Africa seem willing to adopt alternative currencies, high transfer fees are still a burden. South African startup Wala is facilitating micropayments through its Ethereum-based cryptocurrency 'Dala' for citizens of a growing number of African nations.

Bitcoin has grown from an obscurity to mainstream fascination, and Gen Yers across Africa are increasingly keen to learn how to trade in the cryptocurrency. Some use it as a way to sidestep corrupt financial institutions, while others see it as an income solution when other jobs are scarce.

What will the future of personal finance look like? Will we go all digital and abandon cash altogether? According to new research, Indian consumers are among the fastest when it comes to adopting digital solutions for managing your personal finances.