Big tech platforms from Facebook and Amazon to Alibaba and Tencent are reshaping economies around the world. Increasingly, they are showing interest in entering the financial services space. While platform-based finance has significant potential to accelerate financial inclusion in emerging markets, it also poses considerable risks. In this blog series, CGAP experts in policy and regulation delve into the financial inclusion potential of platform-based finance and the three main areas where it poses regulatory challenges: data protection, competition and regulatory coordination.