INNOVATIVE PARTNERSHIPS AND REGULATORY SUPPORT FOR DFS FOR HEALTHCARE

While the DFS for healthcare landscape remains nascent, government, private, and public companies have taken regulatory and collaborative actions that have bolstered the DFS ecosystem, creating more opportunities for DFS companies to explore partnerships with the healthcare sector.

Diverse and sustained partnerships are a key feature of a thriving DFS for healthcare model that can further financial and healthcare inclusion for vulnerable populations.

76%

Across all five regions, 76 percent of the total models formed partnerships with private companies, 17 percent with public organizations and seven percent with NGOs. 28

DFS for healthcare companies in Asia formed the largest number of partnerships out of all regions (28).

Africa

In Africa, 24 of 41 total models engaged in partnerships to support their services' design, implementation, and scaling. Most of these partnerships were with private organizations, such as telecommunications companies (telcos) and insurance organizations. Countries like Nigeria and Kenya have formed partnerships to further financial inclusion in largely unbanked populations. Guided by the National Financial Inclusion Strategy, the Central Bank of Nigeria supports sandboxes that bring together partners, such as the Nigeria Inter-Bank Settlement System, Financial Services Innovators and the private sector, to drive policy change.70