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Designing a Mobile Wallet for Nonliterate People: A Beginner’s Guide
There are about a billion adults in the world who can neither read nor write, but they manage to participate fully in the economy. As fintech evolves, the financial services sector must keep this significant population in mind. Vivek Anand and Saborni Poddar of MicroSave explore what designers should keep in mind when devising a mobile wallet interface for literate and illiterate customers alike.
- Categories
- Finance, Technology
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Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Shortlist Raises $1 Million in Seed Funding to Help Employers Discover Untapped Talent Across Africa and India
Employment tech startup Shortlist today announced $1 million in seed funding from US-based private equity firm University Ventures, Indian angel investor Samir Shah of Sattva Capital, Kenya-based seed fund Zephyr Acorn, global impact investor FARM Ventures, and US- based investor Bodley Group.
- Source
- Press Release
- Categories
- Technology
- Region
- South Asia
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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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Four New Issuers Join ImpactUs Marketplace
“These four organizations are now part of the growing number of mission-driven institutions realizing the power that technology, coupled with formal investment administration services, can have in reaching broadening their reach to current and prospective impact investors,” said Reginald Stanley, President and CEO of ImpactUs.
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- Technology
- Region
- North America
- Tags
- fintech, impact investing
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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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The surprising place where cash is becoming extinct
Somaliland, a self-declared republic in East Africa, faces high illiteracy and has an economy ravaged by a civil war. But it might just become the first cashless society on Earth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Google is reportedly releasing a localized mobile payment service in India
The publication claims Google ‘Tez’ — meaning fast in India — will offer a comprehensive set of payment options beyond existing products like Google Wallet or Android Pay. Tez, for one thing, will include support for Unified Payments Interface (UPI) — a payment system backed by the government — and other consumer payment services including Paytm and MobiKwik.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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