# Refugee Fintech Refugees and NGOs are increasingly relying on fintech for money distribution. By [Kalin Ned](https://www.trendhunter.com/knedelch), Research Writer | Published May 5, 2021 | Category: [Lifestyle](https://www.trendhunter.com/pro/category/lifestyle-trends) Source: Trend Hunter, https://www.trendhunter.com/protrends/refugee-fintech ## Key Figures - Trend score: 2.0/10 - Evidence articles: 4 ## What is the Refugee Fintech trend? **Refugee Fintech:** Fintech companies are working to build services and platforms that support the financial and access needs of refugees around the world. These products rely on blockchain technology and are catered to address various things, including anonymity, non-smartphone compatibility, and more. ## The consumer insight behind the Refugee Fintech trend Unlike regular consumers, displaced individuals are often facing specific access barriers, especially when it comes to necessities like finance, housing, and so on. Aware of the levels of convenience, adaptability, and efficiency that modern technology can offer, many are looking to tech services for solutions. When these needs are met, displaced communities feel better supported and integrated into their host country, while their chances for stabilization increase. ## At a Glance - Evidence: 4 featured examples - Articles from: May 5 to May 6, 2021 - Published: May 5, 2021 - Patterns: [Divergence](https://www.trendhunter.com/pattern/divergence), [Acceleration](https://www.trendhunter.com/pattern/acceleration) - Megatrends: [Experience](https://www.trendhunter.com/megatrend/experience), [Many to Many](https://www.trendhunter.com/megatrend/many-to-many) ## Audience - Gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Themes within the Refugee Fintech trend ### Blockchain-based Fintech Fintech companies are leveraging blockchain technology to build services and platforms that address the specific financial and access needs of refugees. ### Mobile Money and P2P Lending Mobile money and peer-to-peer lending services are becoming increasingly popular among refugees and aid organizations as a means to access financial services and transfer money securely. ### Universal Basic Income with Stablecoins Fintech companies are exploring the use of stablecoins and blockchain technology to distribute universal basic income payments to underserved and underrepresented communities such as refugees. ## What the Refugee Fintech trend means for industry ### For Fintech Fintech companies have a significant opportunity to create innovative solutions to address the unique financial needs of displaced communities and refugees. ### For Blockchain Blockchain technology offers a secure, transparent, and decentralized means to distribute and manage financial services and payments for refugees and aid organizations. ### For International Aid and Development Aid organizations and development agencies can leverage fintech and blockchain solutions to improve the delivery of financial services and support to refugees and displaced communities. ## Workshop question How can your brand better support the unique needs of refugee communities? ## Trend signals for Refugee Fintech Trend score 2.0 out of 10, from popularity 37%, activity 14%, freshness 10%. - Popularity: 37% - Activity: 14% - Freshness: 10% ## Examples of the Refugee Fintech trend 4 featured examples from May 5 to May 6, 2021. - [Universal Basic Income Payments](https://www.trendhunter.com/trends/universal-basic-income-payment): Kotani Pay is Using Stablecoins for Payments to African Refugees (Category: Lifestyle) Implication: Fintech companies can leverage stablecoin payments and blockchain technology to improve the distribution of universal basic income payments. - [Refugee-Supporting Fintech Solutions](https://www.trendhunter.com/trends/fintech-solution): Leaf Helps Refugees with Financial Security, Using Blockchain (Category: Lifestyle) Implication: Fintech companies can build innovative digital wallets that cater to refugees - [Supportive Blockchain-Based Remittance Platform](https://www.trendhunter.com/trends/remittance-platform): BankeNu Aids Displaced & Underserved Communities (Category: Lifestyle) Implication: The FinTech industry can leverage blockchain-based remittance platforms to develop disruptive solutions for traditional remittance services. - [Refugee-Assisting Financial Services](https://www.trendhunter.com/trends/arcadia-platform): The Arcadia Platform Helps NGOs Deliver Financial Services (Category: Social Good) Implication: The Arcadia Blockchain for Refugees highlights an opportunity for nonprofits to leverage blockchain technology to offer their communities innovative identity-less cash transfer se… ## Recent trend clusters - [Gentle Diagnostics](https://www.trendhunter.com/protrends/home-heart-screening) (Lifestyle) - [Targeted Macros](https://www.trendhunter.com/protrends/functional-protein-ingredients) (Lifestyle) - [Flavor Borrowing](https://www.trendhunter.com/protrends/soft-drink-flavor-mashups) (Lifestyle) - [Silent Triage](https://www.trendhunter.com/protrends/passive-health-wearables) (Lifestyle) ## Trending in Lifestyle - [Holiday-Inspired Potato Chips](https://www.trendhunter.com/trends/holiday-inspired-potato-chips) - [Influencer-Curated Cafe Menus](https://www.trendhunter.com/trends/kit-keenan) - [Mystery Packaging Campaigns](https://www.trendhunter.com/trends/cow-not-laughing) - [Fashionable Frozen Yogurts](https://www.trendhunter.com/trends/aritzias-aok-caf) All articles: [Lifestyle](https://www.trendhunter.com/lifestyle)