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Press Release: Vodacom M-Pesa Tanzania Goes Global
Hisham Hendi, Vodacom Tanzania CEO lauds the move as crucial support for the remittance ecosystem. The mobile Money services continues to drive economic growth in Africa.
- Categories
- Coronavirus, Finance
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Report: Financial Inclusion Can Help Curb Detrimental Effects of Inequality
An academic from Queen Mary University of London has published a research paper which shows that financial inclusion could be a tool to curb the rise in poverty in the wake of the Covid-19 pandemic.
- Categories
- Coronavirus, Finance
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Viewpoint: Enhance Protection in Digital Financial Space
Over the past decade and half, digital innovations have transformed the financial sector in Kenya, generating significant benefits for consumers and the economy. As a result of the digital transformation, customers - many of whom were financially excluded or underserved - can now borrow loans, pay bills, transfer money and access their bank statements easily using their computer or mobile phone. This so-called financial inclusion miracle has mainly been driven by mobile money; as such, many of these digital financial services are based on M-Pesa, the revolutionary mobile money service launched in 2007 by Safaricom.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Cash Is King: An Overlooked Way for Foundations to Multiply the Impact of their Investments
The top 1,000 U.S. foundations alone have over $31 billion in cash deposits – and according to Catherine Berman at CNote, that money could be used to amplify their impact. She argues that foundations could drive massive change – and advance their missions – by moving these funds out of traditional accounts and into community development financial institutions and credit unions.
- Tags
- fintech, impact investing
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African Startups Can Apply for 2nd Edition of Inclusive Fintech 50
Applications have opened for the second edition of the Inclusive Fintech 50, which will identify 50 high-potential, early-stage and innovative fintech startups driving financial inclusion and resilience for the three billion financially underserved people worldwide.
- Categories
- Finance, Technology
- Tags
- digital payments, fintech
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Digital Financial Services Policy Aims to Power Digitisation Trend in Ghana
Barely 15 years ago, financial services in Ghana were the preserve of banks and other institutions licensed by the central bank.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Catalyst Fund Announces Seventh Cohort of Inclusive Fintech Startups
All startups in the latest cohort are addressing critical challenges in times of COVID-19, in emerging markets
- Categories
- Coronavirus, Finance, Technology
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BigPay’s Remittance Service Achieves Record Growth
BigPay’s remittance service has grown at an average of 35 per cent month-on-month since its launch in September 2019 and it now looking to open up more corridors across the Asian region.
- Categories
- Finance, Technology
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