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Catching the FinTech wave: A survey on FinTech in Malaysia
In 2015 and the first half of 2016, US$345 million, representing 11% of total venture capital funding in Southeast Asia went into FinTech. The region’s growing economies and relatively large underbanked populations make it doubly attractive for new market entrants. We set out to assess Malaysian financial service players’ attitudes towards this emerging segment through an online survey and several interviews of top management from both the incumbents and newcomers.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, venture capital
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Vodafone Announces M-Pesa Service for HIV Positive Basotho
Vodafone's M-Pesa mobile money service is being utilised in Lesotho to assist HIV patients in the country according to an announcement by the company on World Aids Day.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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KCB Bank Kenya, Western Union Introduce Mobile Money Transfer
KCB Bank Kenya and Western Union have launched a mobile-phone based money transfer service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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UNCDF releases its 1st Digital Financial Services Toolkit
UNCDF’s MicroLead program team is proud to introduce its series of practical toolkits titled, "How to Succeed in Your Digital Journey: a Series of Toolkits for Financial Service Providers”. The toolkits (available both in French and English) are designed for financial service providers (FSPs) who want to go digital.
- Categories
- Technology
- Region
- North America
- Tags
- fintech, microfinance
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An Opportunity for Small Businesses Expanding Affordable Internet Access: Grant Applications Open
New Sun Road designed, built and operated the first 24/7 metered electricity service on an off-grid island chain in the southern part of Uganda. It's exactly the type of small business – providing a critical service, creating jobs – that Microsoft aims to support with its Affordable Access Initiative. Applications are open for a new round of grants through the initiative, and will be accepted through Jan. 31.
- Categories
- Technology
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Report: This Is What Would Happen to Kenya’s Economy if M-Pesa Was to Collapse
A Treasury report warns that an M-Pesa outage would cause loss of revenue and reduce confidence in the mobile money transfer services. FILE PHOTOA Treasury report warns that an M-Pesa outage would cause loss of revenue and reduce confidence in the mobile money transfer services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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An MVP for Africa: Adapting Poverty Solutions to New Continents and Contexts
Fundación Capital has had success fighting extreme poverty in Latin America, using the Graduation model. Now it's transporting the model to new cultures and contexts on the other side of the Atlantic, starting in Tanzania and Mozambique. Fundación discusses the challenges it has faced in adapting its model to new languages and cultures, and the lessons it has learned in the process.
- Categories
- Education, Technology
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Telling Mosquitoes Apart With a Cellphone
Simple cellphones can tell one type of mosquito from another by their hums, which may be useful in fighting mosquito-borne diseases, according to new research from Stanford University.
- Categories
- Health Care, Technology
- Region
- North America
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