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PayPal And Village Capital On Financial Inclusion’s Data-Driven Future
When venture development organization Village Capital and PayPal look at the ever-expanding troves of data out there (financial data in particular), they see a special potential. All those financial data streams, according to Village Capital’s Managing Director Allie Burns, look an awful lot like the next great tool to be enlisted in the fight to expand financial inclusion in the U.S. and around the world.
- Categories
- Finance
- Tags
- data, financial inclusion, fintech, startups
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FinTech Firm Prodigy Finance Gets R14 Billion In Debt Financing
The FinTech firm started by three INSEAD MBA graduates who experienced the difficulties of financing an international degree first-hand is planning to use the capital to scale and expand the business into the US
- Categories
- Finance
- Tags
- fintech
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Press release: CGAP Launches Photo and Video Contest Theme for 2018: Financial Inclusion in Africa
This year CGAP is looking for original and compelling photographs and short videos that tell the story of how financial services empower poor people and communities in Africa. The region is a center for financial innovation -- home to M-Pesa, the mobile money service launched a decade ago now replicated across markets worldwide; host to vibrant FinTech and e-commerce companies; and to a growing off-grid sector that leverages digital finance.
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MTN Uganda and Mastercard diversify mobile money service
The launch of the virtual card that is known as MTN MoMocard will ensure MTN’s ability to provide its customers access to products and services previously a preserve of physical credit card holders while diversifying its mobile money portfolio.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Metlife launches their i3 program in Bangladesh
Regional Director for Asia at MicroSave Manoj K Sharma said: “Although the mobile financial services in Bangladesh have been very successful, it is time to build upon this success story and translate it into a larger play around financial inclusion.”
- Categories
- Finance
- Region
- South Asia
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Press release: Advans Côte d’Ivoire, ESAF Small Finance Bank, and KMF announced as Finalists for European Microfinance Award on Financial Inclusion through Technology
After the announcement of the three finalists, the Luxembourg Minister for Development Cooperation and Humanitarian Affairs, Mr. Romain Schneider said: “Technology provides immense opportunities in everyone’s lives, from rich countries to poor, from people in cities to those in remote villages. What we see from the three finalists of the European Microfinance Award this year is the enormous energy, creativity and innovation that has developed through the link between technology and financial inclusion”.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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BitPesa, SBI Remit Partner for Blockchain Payments Between Japan And Africa
The two firms are leveraging blockchain technology to reduce friction, improve efficiency and interoperability for cross-border payments between the two continents.
- Categories
- Finance, Technology
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Safaricom shares fall after new tax sets in
The Bill will see Kenyans pay more for internet and mobile money transfer - two of the biggest revenue streams for the giant firm.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech