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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
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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
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How Blockchain Could Transform The Way International Aid Is Distributed
A new digital-payment platform from the United Nations’ World Food Programme is bringing efficiency and stability to refugee camps.
- Categories
- Agriculture, Finance
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Is India’s Demonetization a Failure?
Data released by the Reserve Bank of India indicates that demonetization has failed to flush out black money.
- Categories
- Finance
- Region
- South Asia
- Tags
- failure
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An Integrated Approach to Financial Inclusion: Welcoming NextBillion’s Newest Partner, BFA
Recognizing that the financial challenges of low-income people won’t be solved by access alone, BFA seeks out solutions that combine finance, user-centered design, data, policy and technology. That's why NextBillion is pleased to announce BFA as the sponsor of our new "Inclusive Fintech" Zone, which will host blog posts on the latest fintech trends, innovations and enterprises, along with two ongoing series exploring BFA's insights and analysis of financial inclusion-focused initiatives.
- Categories
- Finance, Technology
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Can Next-Generation Startups Unite Agritech and Fintech for Farmers in Emerging Markets?
An amalgamation of agritech and fintech solutions could have an incredible impact for the masses, especially populations that work within the agriculture chain. But making these apps and other digital solutions more user-friendly is critical to expanding their usage. Developers may need to borrow the best toolsets from both sectors, writes Sneha Sampath with Unitus Seed Fund.
- Categories
- Agriculture, Finance, Technology
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Making a Case for the Business Case: New Ways to Provide Sustainable Financial Services to Low-Income Communities
The high numbers of people who participate in informal savings groups is appealing to financial service providers – there are hundreds of thousands of active groups whose self-selected members save weekly for a year, and share their accumulated savings – but it's not easy to tap into this market commercially. BFA recommends using a business case modeler to help acquire low-income people as customers in a sustainable way.
- Categories
- Finance
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Fixing Financial Inclusion’s Gender Gap: Fast-Growing ‘Community of Practice’ Seeks Solutions
One billion women living in the poorest 40 percent of developing-country households remain outside the formal financial system. A persistent gender gap in developing countries in account ownership rates suggests that efforts at financial inclusion are not reaching women. In an effort to change that, CGAP recently launched the Women’s Financial Inclusion Community of Practice to bring together practitioners, funders and policymakers.
- Categories
- Finance
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