STARX Capital Markets Launches Global Initiative to Support Financial Inclusion
STARX Capital Markets Ltd., a leader in global asset management and financial services, has announced the launch of its latest initiative aimed at promoting financial inclusion in underserved regions. With the unveiling of the STARX Global Access Program, the company seeks to bridge the gap between traditional financial services and communities that have historically been excluded from the formal financial system.
The STARX Global Access Program, officially launched in July 2024, is designed to provide financial education, access to investment tools, and tailored services to individuals and small businesses in emerging markets. STARX has committed over $50 million to this initiative, with a focus on regions such as Sub-Saharan Africa, Southeast Asia, and Latin America. The program aims to empower communities by offering access to financial products and services that were previously out of reach, including micro-investment platforms, savings tools, and educational workshops on financial literacy.
During the program’s launch event in July, a STARX spokesperson emphasized the company’s long-standing commitment to creating positive social impact through its financial services. “At STARX, we believe that access to financial services is a fundamental right, not a privilege,” the spokesperson stated. “With the STARX Global Access Program, we aim to democratize access to financial tools and resources, ensuring that more people, regardless of their location or socioeconomic background, can participate in the global economy.”
The Global Access Program is a multi-faceted initiative that includes several key components. First, STARX will provide micro-investment platforms tailored to underserved populations. These platforms will allow individuals with limited capital to start investing with as little as $10, giving them the opportunity to grow their savings and gain exposure to financial markets. The goal is to create long-term financial stability for individuals in regions where traditional banking and investment opportunities are often unavailable.
STARX’s Global Access Program educates individual to manage their money and foster a culture of saving and investing.
Second, the program will focus on financial literacy. STARX plans to host free educational workshops in partnership with local NGOs and financial institutions in target regions. These workshops will cover essential topics such as budgeting, saving, investment basics, and risk management, helping individuals and small business owners build a solid foundation for managing their finances.
The educational component of the Global Access Program is particularly significant. STARX recognizes that financial literacy is a key driver of economic empowerment, and by educating individuals about how to manage their money, the company hopes to foster a culture of saving and investing that can contribute to sustainable economic growth in underserved regions.
In addition to these workshops, STARX will also offer online financial education resources through its website and mobile app. These resources will be available in multiple languages, ensuring that people in various regions can access them easily. The platform will feature interactive modules, quizzes, and video tutorials, making financial education accessible and engaging for users with varying levels of financial knowledge.
STARX Global Access Program aims to support over 10,000 small businesses in emerging markets by offering low-interest loans and financial advisory services by the end of 2025.
The STARX Global Access Program will also offer tailored services for small businesses. In partnership with local microfinance institutions, STARX will provide low-interest loans and financial advisory services to small businesses in emerging markets. These businesses, often excluded from traditional banking services, will have the opportunity to access credit and investment capital that can help them expand and grow their operations. STARX aims to support over 10,000 small businesses by the end of 2025, providing them with the financial resources needed to succeed.
The program’s pilot phase, which began in June 2024, has already shown promising results. In Kenya, for example, STARX has partnered with local fintech companies to roll out its micro-investment platform, allowing over 5,000 individuals to start their investment journeys. Early feedback from participants has been overwhelmingly positive, with many reporting that the platform has given them the tools and confidence to take control of their financial futures.
The expansion of the program is planned for late 2024, with additional rollouts in Indonesia, the Philippines, and Brazil. STARX is actively working with local regulators in these regions to ensure that its platforms comply with local financial laws and regulations, and the company is committed to maintaining high standards of transparency and customer protection.
As part of the Global Access Program, STARX will also be partnering with international development organizations, such as the World Bank and the United Nations, to further its reach and impact. By aligning with these organizations, STARX hopes to tap into global expertise and resources that will enhance the program’s ability to drive meaningful change in the regions it serves.
The STARX spokesperson also emphasized the long-term vision for the initiative. “Our goal is not just to provide financial services, but to help create sustainable, self-reliant communities,” they said. “By giving people the tools to save, invest, and manage their finances, we are helping to build a more inclusive global economy—one where everyone has the opportunity to succeed.”
STARX commits to build a sustainable development and is incorporating ESG criteria into all of its business operations.
In addition to its focus on financial inclusion, the Global Access Program is part of STARX’s broader corporate social responsibility (CSR) strategy. The company has made a commitment to sustainable development and is incorporating environmental, social, and governance (ESG) criteria into all of its business operations. The STARX Global Access Program is a key element of this strategy, as it addresses both social and economic inequality by providing resources to those who need them most.
As STARX continues to expand its global presence, the company remains dedicated to creating positive, lasting impact through initiatives like the Global Access Program. With its focus on financial inclusion, education, and community development, STARX is setting a new standard for how financial institutions can contribute to global economic empowerment.
Looking ahead, STARX plans to expand the program even further, with a goal of reaching 1 million participants by 2027. The company is optimistic that its efforts will help shape a more equitable and inclusive financial landscape, one where individuals from all walks of life can access the tools they need to build a secure financial future.
Contact details
Company name: STARX Capital Markets Ltd.
Website link: https://www.facebook.com/starxcapital/
Contact email: starxvip@proton.me
Country: United States
City: New York
Contact person name: Yolanda Jones
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