Lebanon's Crisis Cash lifeline: Digital Wallets Bypass Bombs and Banks
Bombs rain on Beirut. A million flee. But cash flows anyway—straight into digital wallets, fueling survival when everything else crumbles.
⚡ Key Takeaways
- Digital wallets like Whish Money are channeling billions in remittances and aid to Lebanon's 1M displaced, bypassing failed banks. 𝕏
- Grassroots campaigns via social media raised $65K+ in days, proving P2P fintech's crisis speed. 𝕏
- This mirrors M-Pesa's impact; prediction: Wallets will handle 80% of global aid by 2030. 𝕏
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Originally reported by Wired - Business
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