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Enabling Ecosystems: How To Boost Fintech Innovation and Financial Inclusion During and After COVID-19
Lockdowns in response to COVID-19 have rapidly accelerated digitalization worldwide, particularly in finance. But as analysts from the University of New South Wales, the University of Luxembourg, the University of Hong Kong and GIZ point out, ensuring the safe and inclusive development of digital finance is a major challenge. They explore why an ecosystem-based strategy could be the answer.
- Categories
- Coronavirus, Finance, Technology
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Big Tech’s Emerging Market Finance Push Brings Rewards and Risk, FSB Says
A push by big technology firms into financial services in developing countries will improve access to them, but might also make traditional lenders more vulnerable, the Financial Stability Board (FSB) said.
- Categories
- Finance, Investing, Technology
- Tags
- impact investing
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Retailo Raises $2.3 Million in Seed Round To Boost Financial Inclusion
Retailo, the Riyadh-based B2B eCommerce startup, has announced $2.3 million of funding in a pre-seed round to go toward boosting small to medium-sized businesses (SMBs) in the Middle East, according to a press release.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Kenya’s PesaKit Wants To Be a Super-Platform for Mobile Money Agents Across Africa
Kenyan startup PesaKit is aiming to become a super-platform for African mobile money agents, enabling them to become a reliable last mile distribution channel for digital and financial services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Moody’s: New Technologies Deepening Financial Inclusion Across Emerging Markets
Technology is deepening financial inclusion throughout emerging markets in Africa, Latin America, and Asia, as it creates greater accessibility to financial services for new and traditionally underserved customers, Moody’s Investors Service said in a report today.
- Categories
- Finance, Technology
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MTN and Airtel Uganda Suspend Mobile Money Services After Massive Hack
Telecom giants, MTN and Airtel Uganda have temporarily suspended all mobile money service transactions between their networks after unidentified hackers compromised their systems.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Cambodia Is Optimizing Farming Yields With Big Data Insights
Big data might hold the key to unlocking the sustainable potential of the battered Cambodian agriculture sector.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- blockchain
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Salesforce Ventures Launches $100 Million Impact Fund To Invest in Cloud Startups With Social Mission
When Salesforce Ventures launched the first $50 million Impact Fund in 2017, it wanted to invest not only in promising cloud businesses, but startups with a socially positive mission
- Categories
- Finance, Investing, Technology
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