Red Envelope: Building Blocks of Prosperity

Everyone should have equal access to the building blocks of
prosperity. We must strive to create more opportunities for
people to truly thrive, to create an environment without
economically induced fears or setbacks. Simply being included in
the formal banking system will never be enough. Being fully
embraced by the full arsenal of services provided by the
financial system is what is required.


But gaining that access is uneven at best, and geared toward the
very wealthy at worst. Think back to when you were born, and more
specifically where you were born. On our planet, there are seven
and a half billion people. Everybody has a different journey, a
different choose your own adventure if you will, yet one whose
starting point no one gets to choose.


This is why we must strive to make banking better. In this
episode Bradley Leimer talks with Kosta Peric, Deputy Director,
Financial Services for the Poor at the Bill and Melinda Gates
Foundation about his background at SWIFT and Innotribe, and the
Gates Foundation’s new open source payments platform,
Mojaloop, and the different ways they are focused on meeting the
financial services needs of the poor.


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