The importance of cashless for impact in growth markets

One of the key aspects of Apis’ focus on financial inclusion is a focus on ‘Cashless’.

As an ESGI (ESG & Impact) native investor in financial services, the broader impact thesis of Apis Partners’ investment mandate is centred around financial inclusion. One of the ways in which this is manifested is through a focus on ‘cashless’ – the ability for consumers and MSMEs to make non-cash based payments, and also to save funds electronically, is considered the first step for improving access to formal financial services.