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China takes a swipe at the fintech sector
Beijing has spent years sitting back and encouraging its powerful fintech firms to create and innovate. But it is starting to crack down on parts of an industry that it feels may have grown too far too fast, starting with peer-to-peer lenders.
- Categories
- Finance
- Region
- Asia Pacific
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Kenyans start paying more for mobile money transactions following tax increase
Safaricom, which runs the popular mobile money service Mpesa, on Saturday, informed its customers that starting Sunday, its tariffs would go up.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Ugandans are furious with a new tax for using social media and mobile money
Uganda’s government has kept its promise: Many Ugandans woke up today (July 1) to find that if they hadn’t paid the new tax on social-media use, services like WhatsApp, Twitter, Facebook and Skype were inaccessible.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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NextBillion is on Vacation – Check Out Our Top 10 Recent Posts
With the Independence Day holiday this Wednesday, it's summer vacation time for much of the U.S. - and NextBillion is no exception. Since our editors will be enjoying some time off this week, we won't be publishing new blog content until next Monday, July 9. In the meantime, we've compiled 10 of our most-read recent posts, including some of our more thought-provoking content of the year. We hope you enjoy them, and we look forward to bringing you more original analysis and insight from the world of social business next week.
- Categories
- Agriculture, Finance, Investing, Social Enterprise
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Survey: How to Move India’s Small Merchants toward Digital Financial Services
The Center for Inclusive Growth recently collaborated with IFMR LEAD, a prominent Indian research institute, to conduct a five-city survey of 547 micro business owners in India to understand their needs and the challenges they face in adopting digital transactions.
- Categories
- Finance
- Region
- South Asia
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Global alliance launches guidelines for fintech investors
The Guidelines for Investing in Responsible Digital Financial Services have been launched by an international network of over 50 fintech investors and innovators, aiming to promote fintech funding by providing a framework for evaluating investment opportunities and risks.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Ant Financial taps blockchain technology to offer cheaper international money transfers
Ant Financial Services has taken a step towards dramatically lowering the cost of sending money overseas, in a move that will help the hundreds of thousands of Filipinos working in Hong Kong.
- Categories
- Finance
- Region
- Asia Pacific
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South Africa’s Social Security Agency Considering Mobile Payment Technology
Paying grants using mobile money tech could reduce costs and mean beneficiaries don’t have to travel to receive payments
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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