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Financial Wellbeing: Accion, Mastercard to Connect Clients to Digital Financial Services
The continued partnership between Accion and Mastercard builds on the two organizations’ existing digital transformation work.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- digital finance, MSMEs, research
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Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
Nigeria has one of the lowest insurance penetration rates in the world, at just 0.5%. But as Brian Yu at Shecluded explains, this low uptake means the industry is poised for disruption and growth. He explores how insurtech innovators are addressing the key problems plaguing the sector — namely, a lack of accessibility, affordability and customer trust — and calls for funders to look past their traditional focus on mobile money and invest in the insurtech businesses that are transforming the way the industry serves low-income customers.
- Categories
- Finance, Investing, Technology
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Analysis: Combatting India’s Learning Crisis Through Innovations in Financing: ‘How’ We Fund Is as Important as ‘What’ We Fund
Over the last few years OBF has created a paradigm shift for the way that capital is deployed to solve for intractable development challenges such as learning poverty.
- Categories
- Education, Investing, Technology
- Region
- Asia Pacific
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Ukrainian Startup Zeely Raises $1 Million for Small and Medium Business Growth App Aimed at US, UK, Brazil, Mexico
Zeely plans to use this new investment to implement its integration with TikTok and payment systems and the expansion of their AI’s capabilities.
- Categories
- Technology
- Region
- Global
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African Development Bank Group Earmarks $8 Million to Establish Interoperable Bank ID System in 4 West African Countries
The purpose of the new bank ID system is to enable the linkage of bank accounts across different financial service providers in what is seen as a financial inclusion push.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Edtech MindX Wants to Build ‘Little Silicon Valleys’ Across Vietnam
The startup’s goal is to create “small Silicon Valleys” across Vietnam, with educational centers that help prepare students of all ages for careers in tech.
- Categories
- Education, Technology
- Region
- South Asia
- Tags
- business education, edtech, youth
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Amazon to invest USD 1.7 Billion in South Africa
The group published a new economic impact study (EIS) which outlined AWS Africa's projected forecast of investment to construct, operate, and maintain its cloud infrastructure in South Africa.
- Categories
- Investing, Technology
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ZestMoney Set to Lay Off Around 100 Employees After Acquisition Deal With PhonePe Falls Through
According to reports, the fintech company will trim its workforce by around 20% as part of its business continuity and survival plan.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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