The Challenge
Digital financial platforms from mobile wallets and cross-border remittance apps to neobanks are racing to attract and retain customers in highly competitive markets. Yet millions of their users live paycheck-to-paycheck. A single income disruption can stop credit repayments, reduce wallet activity, and increase churn.
MiIncome™
embedded income protection
By embedding MiIncome™ directly into digital wallets, remittance flows, or credit products, financial institutions can protect their customers’ income during unexpected loss of work, sickness, or accidents.
Acquire new users
Market a unique value proposition: “we protect your income while you bank, save, or send money home.”
Grow wallet usage
Protected users keep transacting even during income shocks, maintaining wallet balances and remittance frequency.
Boost credit performance
Reduced delinquency and default rates among protected borrowers preserve asset quality and margins.
Create new revenues
Earn recurring premium share per active user or bundle MiIncome™ into premium account tiers.
How It Works
MiIncome™ ensures that if customers temporarily lose their income, they can still make loan payments, send remittances, or keep their wallet active, therefore avoiding financial exclusion when they need it most.
Business Impact
By embedding MiIncome™ into every wallet, credit and remittance channel, MIC Global helps financial platforms build the world’s first truly inclusive safety net - reaching millions of people traditionally excluded from formal protection.
Seamless Integration
Our low-code platform makes it easy to launch in weeks. Fully digital, globally scalable, and backed by Lloyd’s and other A rated insurers, MiIncome™ is built to grow with your platform.