-
Can Google’s mobile wallet Tez revitalise India’s struggling digital payments industry?
As Google debuts its new mobile payments app for India, Mumbrella Asia editor Eleanor Dickinson looks at the implications for the country’s cash-based economy and whether marketers are ready for change
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
-
Unilever raises the bar on private sector leadership to achieve the SDGs through digital payments
In a significant step towards integrating social benefits into business strategy, the UN-based Better Than Cash Alliance announced its newest member: Unilever.
- Categories
- Finance
-
Designing a Mobile Wallet for Nonliterate People: A Beginner’s Guide
There are about a billion adults in the world who can neither read nor write, but they manage to participate fully in the economy. As fintech evolves, the financial services sector must keep this significant population in mind. Vivek Anand and Saborni Poddar of MicroSave explore what designers should keep in mind when devising a mobile wallet interface for literate and illiterate customers alike.
- Categories
- Finance, Technology
-
Kenya: Facebook-Linked Mobile Lender Raises $2M for M-Pesa Loans
Branch, a Facebook-linked mobile phone lending app, has raised 200 million Kenyan shillings ($2M) by issuing a commercial paper. The Silicon Valley start-up will use the funds to grow its loan book.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
-
Will Crowdfunding Become a Big Deal in India?
Crowdfunding — the practice of raising small amounts of capital from a large number of people to fund new ventures — is finally gaining traction in India. The question is: Will it deliver like it has in other markets?
- Categories
- Finance
- Region
- South Asia
-
Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America
The company, now backed by private equity firm Bamboo Capital Partners and the International Finance Corp., the investment arm of the World Bank Group, pitches financial educational tools to consumers in Brazil, Chile, and Colombia.
- Region
- Latin America
- Tags
- fintech, venture capital
-
Google goes big in Asia with mobile payment app for hundreds of millions of people
"Tez" which means fast in Hindi, lets users link up their bank accounts to their phones, allowing them to use the app to pay merchants in stores, and instantly transfer money to friends.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.