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Press Release: Mastercard Partners With Tonik; Neobank to Accelerate Financial Inclusion for Filipinos
Mastercard announced today a new partnership agreement with Singapore-based tonik, a two-year-old startup which recently received a bank license in the Philippines. Mastercard will enable tonik to issue a range of electronic payments products that tap into Mastercard’s global network and extensive business intelligence when tonik launches operationally in the Philippines, later this year.
- Categories
- Finance
- Region
- South Asia
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JUMO Is Offering Social Impact Financial Products to the Unbanked
JUMO has operations in over 10 countries including South Africa, Uganda, Ghana, Kenya, Pakistan, Tanzania and Zambia with plans to open shop in Benin, Ivory Coast and Nigeria by 2021 (PHOTO/Courtesy)
- Categories
- Finance
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Viewpoint: Data Is a Powerful Tool for Accelerating Financial Inclusion Among Women
It’s clear that female borrowers can be powerful contributors to a bank’s growth and performance. So why is the gender-financing gap so large?
- Categories
- Finance
- Region
- North Africa & Near East
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From Cauliflower to Unicorns: Five Lessons from Five Years as a Startup
As the Digital Frontiers Institute (DFI) celebrates its fifth birthday, it recently announced that it's merging with CGAP’s Gateway Academy to form a "stronger, more refined new identity at the frontier of capacity building." DFI's co-founder and CEO, Gavin Krugel, discusses five lessons the organization has learned about running a social enterprise startup.
- Categories
- Education, Finance, Social Enterprise
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Farmers in Zimbabwe Bemoan Mobile Money Ban
Cotton growers have criticised the government for its abrupt ban on bulk mobile money transfers, saying this will derail their operations as payments are now taking longer at a time the rate of inflation is galloping.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Alibaba Cloud, Fintech Academy, Pfizer Accelerate Apac Healthcare Innovations
The startups selected under this alliance will receive 'infrastructure support and technological expertise from Alibaba Cloud, talent development and venture building support from Fintech Academy and scientific and commercialization knowledge from Pfizer'
- Categories
- Finance, Health Care
- Region
- Asia Pacific
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COVID-19 Isn’t Killing Cash. People Are Hoarding More of It
People appear to be bunkering cash amid the coronavirus outbreak, according to a study that seeks to debunk the notion that the pandemic was hastening the demise of paper money due to e-commerce or fears of infection.
- Categories
- Coronavirus, Finance
- Tags
- e-commerce
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