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Nigeria, Indonesia, Five Others Home to Half of World’s Unbanked Population
World Bank’s 2021 Global Findex report said about 1.4 billion adults are still unbanked, and do not have an account at a financial institution or with a mobile money provider.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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South Africa Becomes First African Nation to Get Google Wallet
South Africa's rising trend of contactless payments has been given another boost with search giant Google launching its Google Wallet service.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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PayU Finance’s LazyPay Partners With Dukaan to Offer Buy Now Pay Later Solution to Small Businesses in India
Integrating the BNPL solution into the available payment modes will help merchants improve their sales and encourage first-time customers to become repeat customers, LazyPay said.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- MSMEs, partnerships
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Indian Savings Fintech Jar Lands $22.6 Million in Series B Funding
The start-up says the influx of cash will be used to fuel the development of its products and technology for hiring new talent.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Augmented Reality for Financial Literacy: An Innovative Approach to Delivering Immersive Customer Education
India's Business Correspondents – i.e., retail agents engaged by banks to provide financial services at locations other than a bank branch – often struggle to learn about the new products and services their banks offer. And though online training has become the new normal during the pandemic, many of these agents find it difficult to complete. Piyush Singh and Rahul Ranjan Sinha at Grameen Foundation India discuss the value of augmented reality in addressing this challenge – and in enhancing online financial education more broadly for underserved customers.
- Categories
- Education, Finance, Technology
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Pomelo Exits Stealth Mode With $20 Million Seed to Rethink International Money Transfer
Pomelo wants to make it easier to send remittance payments and conduct international money transfers, with a credit twist.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Zimbabwe’s InnBucks Gets Green Light to Resume Services
Zimbabwean mobile money platform, InnBucks, has resumed its service following its abrupt suspension by the country's central bank earlier this year.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Jodo Raises $15 Million In Series A Funding in India
The fund will be utilized to accelerate product innovation and sales, and further grow the Jodo team in India.
- Categories
- Education, Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech