The FinTech Impact Report: Working through the world’s to-do list #FinTechforPeople 02| REDUCING INEQUALITY THROUGH 1/3 of the 1.3 million 1 in 4 UK adults have low unbanked in the UK used to financial resilience in have a bank account but terms of savings and debt PROVISION OF ALTERNATIVE FINANCE: 26 don’t want one again levels, putting them at risk if they suffer a financial shock27 Alternative finance typically operates outside the confines of traditional financial solutions, offering innovative channels, processes, and instruments. Distinctly Championing Diversity in Funding:Founded off the back of the ‘Over Being characterised by their simplicity, speed, and accessibility, Underfunded’ campaign, which successfully changed legislation to make investment these financing methods cater specifically to underserved more accessible for early-stage entrepreneurs, Obu's platform takes a decisive stand in closing the gender investment gap in the UK for both entrepreneurs and angel individuals, startups, and businesses, enabling them to investors. Obu exists to increase the number of women angel investors in the UK from efficiently raise, invest, and manage their funds. 14% to 30%, thereby increasing the level of investment placed in businesses founded by women. Redefining Cross-Border Transactions: By fundamentally reimagining international remittances and multi-currency services, Wise has set new industry standards for affordability and efficiency. Reducing the speed and cost barriers commonly associated with cross-border transfers, Wise has scaled its impact to approximately 16 million global users, directly contributing to a reduction in financial inequality. Fair access to public markets: Primary Bid's platform democratises investment, allowing retail investors to participate in new share issues — opportunities historically reserved for institutional investors or high-net-worth individuals. By leveraging technology, PrimaryBid is dedicated to the ethos of inclusivity, transparency, and fairness in public markets. 24