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Showing posts with the label access to finance

Exclusive WeFi Group CEO interview: Why deobanks could redefine access to finance

In this interview, Maksym Sakharov—entrepreneur, public speaker, and co-founder of wit—talks about the rise of deobanks. As the pioneer of this concept and a Guinness World Record holder, he addresses accessibility, compliance, and adoption while showing how WeFi’s model opens financial opportunities for underserved communities. Recently, WeFi was also crowned Best Digital Bank of the Year by FinanceFeeds thanks to its innovative deobank model. In many regions, even opening a simple bank card is a challenge. How does WeFi solve this problem differently from traditional banks or fintechs? Opening a bank card shouldn’t feel like a battle, but for millions, it still does. Traditional banks bury people in forms, while fintechs often replace paper with clunky sign-up flows that don’t solve the core issue. As a first-of-a-kind deobank, WeFi takes a different route. Our AI-driven verification and blockchain-based identity cut through documentation barriers that keep 1.4 b...