Throughout history, women have faced limited financial inclusion due to barriers imposed by social norms. This notion still remains valid in many cultures and must be battled effectively.
Christmas 🎄 is around the corner and we are all wondering what might be the perfect gift for our loved ones, especially for those of us who are living abroad. Sending gifts show our friends and family that we love them and care for them even from a distance.
At Purpl, customer experience is at the heart of what we do; thriving to bring the best experience to all our users.
We reached out to more than 150 beta users who have downloaded Purpl and signed up on the app to welcome them to our community, and sent them out a survey. Some which joined us since our first app release on April 2022 and believed in us from day one.
Cash didn’t always exist. When human society came into existence, the economy was cashless and dependent on the barter of goods and services and other exchange methods. It wasn’t until thousands of years later that monetary coins were developed and followed by paper money. But in today’s world, a cashless economy is an economy where all financial transactions are powered by digital transformation and digital wallets.
Not until too long ago, banks and fintech used to see each other as competitors, but now the tendency is to increasingly work together! And Purpl is no exception as our Co-founder & CEO explains in this piece for Entrepreneur
Your uncle lives abroad in order to make money to send back to family back in Lebanon. Regardless of the channel through which he sends the money (whether it’s a remittance service, digital wallet, or bringing the cashback in person), this money transfer is called remittance.
The financial services industry has a long history of underinvesting in underserved communities, like the youth population (people between the ages of 15-24 as defined by the UN). Fintech, one of the key elements in shaping the financial industry, is working hard to close these gaps and empower underserved groups through technology.
Purpl aims to become the partner of choice for the yearly $7BN remittances coming into Lebanon and enable financial inclusion.
It is quite a common scenario to arrive at the checkout at the supermarket and start fumbling through your wallet for cash, or through several cards to find the right one to make your payment. Digital wallets have been developed and designed to make this process (and many others) a lot simpler, faster, and hassle-free.
