Once market innovation and learning satisfied the needs of regulators and mobile operators, regulation was created and implemented to provide legal certainty and create a level playing field to allow new players. d.  Bolivia and Uganda, which also demonstrated that micro-deposit-taking can flourish in the regulated financial system with timely and appropriate policies.
Regulators have incorporated non-profit innovators into the formal system by creating legal paths toward a license. New laws, specially designed for previously unregulated NGOs, were passed, whereby they will keep their non-profit status and be allowed to collect deposits and offer extra financial services.