Almond Finance

Almond Finance achieves financial inclusion for entrepreneurs in the developing world through a mobile platform integrating microfinance, digital payments and market mapping to bring sustainable prosperity to unbanked rural communities.

Lack of access to capital is among the main contributors to poverty globally. Two billion people worldwide have no access to banks; farmers, manufacturers, retailers and others, therefore, struggle to grow their businesses due to limited capital. Yet, in markets like Myanmar, as much as 95% of people have mobile phone connectivity despite this financial exclusion. Almond, in partnership with local financial institutions, uses mobile technology and machine learning to enable individuals and small businesses in remote areas to overcome the most pressing economic hurdles by providing access to essential financial services on a single phone-based platform.