\n \n \n “. concat(self. i18n. t(‘search. voice. recognition_retry’), “\n
SAN DIEGO, May 26, 2022 /PRNewswire/ — DreamStart Labs, an award-winning provider of virtual banking generation for emerging markets, and KEIPhone, a provider of loose smartphones for unconnected women, today announced a strategic partnership to bring smartphones activated to unbanked women in Africa. For the first time, women who have been excluded from the formal monetary system will be able to save, invest and access loans from the comfort of their own phones, even if they live miles from a bank.
KEIPhone is a game-changer for underserved women in Africa by offering them high-quality smartphones for free. Through this partnership, each and every phone distributed through KEIPhone will be pre-installed with DreamStart Labs’ DreamSave app, an award-winning fintech app. That makes it easier for other unbanked people to save money, access loans, and reach their financial goals.
Free fintech-enabled smartphones will become imaginable through a profit model based on cutting-edge advertising. Women who receive the loose phones will see classified ads with applicable content aimed in particular at their unique needs. The key spaces the ad targets will come with mobile cash. facilities to help women vendors improve their small businesses, agricultural inventions to help farming communities increase their profits, and on-demand products to improve access to clean, affordable energy.
First, the partnership will target 10,000 women in rural Uganda and an extension to other African countries is planned by the end of this year. Distribution and education will be carried out in partnership with leading NGOs and foreign progression partners.
“Nearly one billion international women are now excluded from formal money services,” said Wes Wasson, CEO of DreamStart Labs. “Our DreamSave app makes casual network banking quick, fun and easy, even if you’ve never used a smartphone before. We are thrilled to marry KEIPhone as we help those ordinary women achieve their dreams of a better life. “
“Our hobby at KEIPhone is giving women equivalent access to cellular technology, connecting them to the world and to each other,” said Lauren Hendricks, CEO of KEIPhone. “Providing women with smartphones is one of the most effective tactics for, physically and economically, entire communities. We are encouraged by the paintings made through DreamStart Labs and are excited to bring their DreamSave app to our users. “
About DreamStart LabsDreamStart Labs (www. dreamstartlabs. com) is a fintech social provider that is helping others in emerging markets realize their dreams of a better life. the world’s fastest-developing markets, 80 per cent of which are women. Founded by former Silicon Valley executives, the company is a member of the Inclusive Fintech 50, which recognizes the 50 most sensible startups selling financial inclusion to another 3 billion people worldwide. His DreamSave app was named “Best Technology in the Developing World” through Fast Company and won awards for his inventions in synthetic intelligence, credit scoring, cell phone generation, and app design. DreamStart Labs is headquartered in California and operates in several countries in Africa, Asia and Latin America. .
About KEIPhoneKEIPhone (https://www. keiteletelephoneglobal. com/) KEIPhone’s project is to supply loose smartphones to poor rural women through a cutting-edge ad-based profit model. According to the GSMA, phone affordability is the biggest barrier for female cell phones. owners, and in all countries and regions. KEIPhone is designed to close the gender gap by offering women smartphones that are paid for by advertising.
Media Contact: Wes Wasson619-320-8256337297@email4pr. com
View media download content: https://www. prnewswire. com/news-releases/free-fintech-enabled-smartphones-coming-to-unbanked-women-in-africa-from-dreamstart-labs-and-keiphone – 301555626. html
SOURCE DreamStart Labs, Inc.