ABSTRACT
This chapter outlines the definitions of social innovation and financial innovation, as well as how those definitions intersect and overlap. It introduces the “financial social innovation” (or FINSI) framework and the components: form, type, level, dimension, sector, financial functions, and drivers. The chapter also introduces the seven FINSIs that will be profiled through the rest of the book: microfinance, P2P lending, crowdfunding, mobile banking, impact investing, digital cryptocurrencies, and social impact bonds.
