In Africa, most people are either unbanked or underbanked, but almost everyone has access to a mobile money wallet.
Digital wallets play a large role in financial inclusion, with the spread of mobile money in most African countries as an example. Mobile money operators reduce most of the barriers to entry for the average individual that usually prevent them from opening a bank account. In this case, mobile money users are able to participate in financial trades even with banked users, showing that financial inclusion can exists in many different forms outside traditional banking. This is the opportunity digital wallets present.