According to CGAP’s technology blog, Banco Postal is a high profile pioneer in branchless banking.
Read more here.
More particularly, CGAP highlights:
“And branchless banking is scaling faster than microfinance institutions (MFIs). The branchless banking services needed 3 years to surpass the outreach of the largest MFI in the same market, which on average operated for 15 years. In other words, the branchless banking services we studied are growing five times faster than the most successful MFI in the same market.”
CGAP also refers to our own research on Banco Postal in Brazil.