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Fintech Startup Remitly Raises $85M
Fintech startup Remitly has raised $85 million in a new round of funding, bumping its valuation up to $1.5 billion.
- Categories
- Finance
- Tags
- cash transfers, fintech, remittances, startups
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UK Government Aims Fintech Industry at Africa
UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Why Don’t Small Retailers Adopt E-Payments?: New Research Suggests the Reasons Behind Merchant Aversion – And Solutions for Stimulating Customer Demand
Mexico's 2.1 million 'tienditas' (small shops) drive most of the country's retail sales – yet 83% of them only accept cash, even though e-payment technology is cheaply accessible. Shreya Kankanhalli at Stanford’s Graduate School of Business and Luz Gomez at Mastercard Center for Inclusive Growth explore findings from a field study that's testing ways to promote e-payments.
- Categories
- Coronavirus, Finance, Technology
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Press Release: Mastercard Collaborates With Microsoft to Accelerate Innovation Across Digital Commerce and Startup Ecosystems
Collaboration will build pathways to financial security and provide tools for sustainable growth
- Categories
- Finance
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COVID-19 Triggers Decline in Agent Banking in Uganda
Agent banking has allowed commercial banks appoint a third party (agent) to transact business on its behalf.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Press Release: Grameen America Receives $25 Million Grant From Mackenzie Scott
Transformational Gift will Accelerate Financial Inclusion for Low-Income Minority Women Entrepreneurs
- Categories
- Finance
- Region
- North America
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Report: Somalia’s Mobile Money Penetration High, Data Costs Lowest In Africa
Despite its long history with civil unrest, Somalia seems to have gotten a good grip on its business community.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Economic Forum Recommends Adopting Clear and Actionable Cybersecurity Guidelines for Fintech Firms
The Fintech Cybersecurity Consortium has been tasked with identifying how organizations can simplify their baseline cybersecurity requirements for Fintech services.
- Categories
- Finance, Technology
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