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African Fintech Startups Still Face Major Funding Gaps
The number of early-stage deals among African fintech startups is increasing, but the average size of the deals remains low compared to that of other regions, and funding gaps persist at the early stages, according to a new report on the industry in emerging markets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Indonesia’s Internet Start-Ups Gojek and Tokopedia Announce Merger
Indonesia ride-hailing and payments firm Gojek on Monday announced its merger with e-commerce player Tokopedia to form the GoTo Group.
- Categories
- Finance, Technology
- Region
- South Asia
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Mastercard, Mercado Libre, Common Cents Lab, and IDB Join Forces to Improve Financial Resilience Among Entrepreneurs and Gig Workers
While the pandemic has upended our personal finance habits, small changes in our routine can make a big difference.
- Categories
- Coronavirus, Finance
- Region
- Global
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Analysis: How Digital Payment Systems Can Boost Bangladesh’s Push to Meet the SDGs
As we grapple with the challenges presented by the pandemic, Bangladesh continues to clock impressive growth and is in fact an outlier in the global economic scenario.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
- Tags
- digital payments, fintech, SDGs
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Amazon, Safaricom Explore Enabling M-Pesa Wallets on Amazon
Kenyan telecom Safaricom is discussing the use of its mobile money service M-Pesa on Amazon’s eCommerce platform, Bloomberg reported.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigerian Fintechs Score Big on the Funding Front as Investors Spot “Final Frontier” Opportunities
We have not even reached the halfway point of 2021, but already it seems nailed on that the year will break all sorts of funding records – with the surge in investments led by the Nigerian fintech space.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard and Billetera Partner to Drive Digital Financial Inclusion in Democratic Republic of Congo
Mastercard has announced partnering with Billetera, a leading digital payments technology company headquartered in Kenya, to provide unbanked and financially excluded residents in the Democratic Republic of Congo (DRC).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Remittances to Some Emerging Markets Grow in Q1 Despite Pandemic-Induced Headwinds
Georgia, Jordan, Pakistan and Morocco recorded growth in remittances during the first quarter
- Categories
- Coronavirus, Finance
- Region
- Global