Healthtech is set to mirror the fintech revolution, and there are clear lessons to learn about democratising access to, and the affordability of, healthcare across the world.
Technology as a financial inclusion tool is partly driven by acknowledging that large parts of the population are not being served by the existing banking system. Rather than competing with banks on the same terms, fintechs have improved accessibility for consumers who were previously deemed inefficient to serve. The largely-digital infrastructure reaches wider markets and does so in a highly cost-effective manner.
