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Why B2B Fintechs Are Descending on Latin America
Although the COVID-19 pandemic is accelerating technology adoption across all industries in Latin America, the financial services sector is experiencing some of the fastest progress. The Fintech sector has been particularly resilient during the crisis over the past year, and its growth may even match or exceed the previous year’s record-setting funding.
- Categories
- Finance, Technology
- Region
- Latin America
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A Boon for Online Commerce: How COVID-19 is Transforming the Industry in Bangladesh
COVID-19 has been merciless to the world and its economy in general. But according to analysts at MicroSave (MSC), it has boosted a few sectors – like digital/contactless payments, e-commerce and Facebook commerce (or f-commerce). They explore how the pandemic is accelerating the online commerce industry in Bangladesh, and how regulators and other stakeholders can support its growth.
- Categories
- Coronavirus, Finance, Technology
- Tags
- COVID-19, digital payments, e-commerce, MSMEs
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Analysis: Is Bangladesh Ready to Move Towards a Cashless Society?
The Covid-19 pandemic has accelerated the expansion of digital payments all over the world. Bangladesh too has witnessed robust growth in digital payments during the pandemic. The countrywide lockdown for more than three months has proved beneficial to such growth as people have become familiar with various digital payment systems.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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WorldRemit Lowers Transaction Cost for Remittances to Africa
The new lowered prices, allows customers to send more to family and friends via the mobile app or website to the various African corridors, where Kenya remains a key destination for remittances.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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COVID-19 Is Accelerating Digital Banking Across the Globe: Here’s How It Will Impact Bangladesh
COVID-19 has fast-tracked the adoption of innovative tools and technologies by the global banking sector. As Jakirul Islam at Bank Asia points out, this has already led to an increase in digital banking, as customers move away from branch-based banking due to pandemic lockdowns. He explores some popular features of digital banks, and discusses their potential impact in Bangladesh.
- Categories
- Coronavirus, Finance, Technology
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Mastercard and USAID Partner to Launch ‘Project Kirana’ for Women Entrepreneurs
The project aims to build financial and digital literacy and improve basic business management skills to help women become successful kirana entrepreneurs.
- Categories
- Finance
- Region
- Asia Pacific
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YC-Backed Cashfree Raises $35.3 Million for Its Payments Platform
Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 million in a new financing round as the profitable firm looks to broaden its offering.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific