As a result of the COVID-19 health crisis, some apps like Google Sheets and CashApp have helped communities stay connected by leveraging people’s trust in their geographic neighbors. Further, other popular fintechs operating over a broader geographic area like GiveDirectly allow users to send money to specific individuals who need it, or to a general fund.
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'Mutual Aid' Gets Boost from Fintechs Operating Near and Far
“Mutual aid,” or community sharing and reciprocal giving, has been greatly bolstered by technological advances, especially fintech. So reports Karma Impact.
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