CHARGE Phase 1

Working with a local partner to design feasible aggregators models to help financially excluded customers in China to use financial services provided by superplatforms. BFA Global worked with the Chinese Academy of Financial Inclusion (CAFI) to design and establish local aggregator models in the next two and a half years to help 200,000 financially excluded customers to gain access to financial services provided by the superplatforms. BFA brought context and knowledge of international aggregator models to China to help CAFI to design the local models better. In Phase 1 of the project, which comprised desk research and field study in China, we combined local research in China with the international experience to write a White Paper and develop an action plan to carry on the project to the next phase of action research and experimentation.

Insights

• From Last Mile to First Touch: The Changing Role of Aggregators in Digital Finance Ecosystems