Myanmar has one of the poorest banking infrastructures in Southeast Asia. The banking sector and ATM network cannot reach rural areas. Today, there are more active SIMs than the number of people in Myanmar. People in rural areas have smartphones charged with solar panels.  

With backing from the State Counsellor Aung San Suu Kyi, the digital financial services industry is poised to be transformative for the people of Burma by end of 2020. The people of Burma have leapfrogged from $1500 SIM cards for the elite few to pervasive smartphones and mobile financial services intended for rural and urban poor and women.