BAKU, Azerbaijan,
January 7. Georgia has made notable progress in
fintech-driven financial inclusion, although access to finance
remains a key constraint for businesses.
Data obtained by Trend from the Asian Development Bank's (ADB) December
2025 report "Unlocking the Potential of Fintech in Central Asia"
show that 70% of Georgia’s population aged 15 and above has an
account at a financial institution. Meanwhile, 62% of adults have
made or received a digital payment, while 46% own a debit or credit
card.
ADB data indicate that mobile money adoption remains limited,
with only 8% of adults holding a mobile money account. Use of
financial accounts for wage payments also remains relatively low,
with 20% of adults receiving wages through a financial institution
account. Utility payments made using an account stood at 28%.
On the business side, 35% of firms in Georgia use banks for
investment capital, while 32% rely on banks for working capital.
However, access to finance continues to pose challenges, with 60%
of micro, small, and medium-sized enterprises (MSMEs) reporting a
financial gap, and 20% of firms identifying finance as a major
constraint.
