-
Goldman Sachs to Spend $750 Billion on Climate Transition Projects and Curb Fossil Fuel Lending
“There is not only an urgent need to act, but also a powerful business and investing case to do so,” Goldman Sachs CEO David Solomon wrote in an opinion piece published Sunday in the Financial Times.
- Categories
- Environment, Finance
-
Payment Startup Chipper Cash Raises $6m for Southern Africa Expansion
In September, Chipper Cash expanded into what is now arguably Africa’s largest fintech market, Nigeria. With its latest round, the startup has raised more than $8 million in seed capital.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
4 Trends Shaping the Future of the P2P Lending Regulation in Southeast Asia
The active inflow of investments made countries intensify their efforts in the development of fintech ecosystems and the regulatory environment.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech
-
Nobody Reads Privacy Policies: Why We Need to Go Beyond Consent to Ensure Data Privacy
We all “say” we read the privacy policies when we agree to the terms and conditions on websites and apps - but up to 97% of people don't actually read them. And even if we read them, few of us can understand the legalese. Now that the age of Big Data has reached emerging markets, and digital tech makes obtaining and monetizing user data easier than ever before, this lack of data privacy is a growing concern. David Medine and Gayatri Murthy at CGAP explore the problem – and some innovative tools that can help protect the world’s newest and most vulnerable digital consumers.
- Categories
- Finance, Technology
-
Visa and MFS Africa Team on Digital Payments
“Africa is adopting a mobile-led, digital payments ecosystem and with Visa looking to accelerate the distribution of payment credentials and expand the acceptance space for digital payments, this partnership is an important one,” says Jack Forestell, chief product officer, Visa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Peter Thiel-Backed VC firm Invests in Mexican Neobank Albo as Demand Rises for Services for Unbanked
Albo offers online banking services to the country’s large unbanked population, and permits customers to open an account online within minutes and get a prepaid Mastercard tied to a phone app.
- Categories
- Finance
- Region
- Latin America
-
The Rising Gender Gap in Financial Services Threatens Nigeria’s Financial Inclusion Target
A report conducted by the CBN and EFInA finds that differences between men and women in education, income, and trust in financial service providers contribute to the gender gap in financial access.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Microfinance Lenders in Sierra Leone Accused of ‘Payday Loan’ Interest Rates
A Guardian investigation into a microfinance programme run by Brac found that the NGO’s staff were failing to fully explain the conditions of the loan to borrowers.
- Categories
- Finance
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.