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FinTech Investments Quadruple: Top Trends to Watch
Investments into FinTech startups recently quadrupled, growing from just over $3 billion in 2013 to over $12 billion in 2014. And consider alongside that another trend showing that crowdfunding will surpass VC in 2016 as a funding source–given that crowdfunding itself is a segment of the FinTech market.
- Categories
- Investing, Technology
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Financing Agribusinesses in Africa: Mobile Money Shows More Viability
As a result of mobile money financing schemes, farming businesses, most of which are in rural areas in Africa are able to enjoy agritrade financing in form of loans, subsidies and free inputs facilitated mainly through phones. The main advantage of mobile money financing for agriculture is the elimination of cash handling by other individuals during the transfer of the money from the financing individual/organisation to the farmer or agribusiness operator. This reduces or eliminates corruption, outright theft or violence that could result when individuals have to carry cash around.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Safaricom Launches Internet-Ready Commercial and Residential Addresses Initiative
Safaricom has announced that it will be partnering with real estate developers in an initiative that will see the launch of new smart and internet ready addresses in different parts of the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Equity Bank Launches Long-Delayed Mobile Money Platform in Kenya
Kenya's mobile money banking service market will gain a competitor with today's launch of Equitel, a technology platform that ties Equity Bank with mobile phone service provider Airtel to provide the user with a thin SIM technology-based mobile banking and telecommunications service.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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MUrgency Launches Global Emergency Response Mobile App in India
A new decentralized and personalized mobile app called MUrgency ( One Global Emergency Response Network) is being set up to create a global emergency response to help people in distress in developing countries.
- Categories
- Health Care, Technology
- Region
- South Asia
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Solving Customer Service Issues in Digital Finance: The can-do/must-do list
Customer service issues need to be high on the agenda of providers intent on achieving high levels of registered uptake and usage of digital financial services. It is also clear that responding to the most common challenges is no easy matter, even for the most committed provider.
- Categories
- Technology
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Bharti Airtel Starts First Cross-Border Mobile Money Transfer in Niger
Telecom giant Bharti Airtel today launched a cross-border money transfer service for its mobile wallet customers in Niger -- a first in the country by a telecom company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why a Common Platform is Within Reach: Mobile finance and the emergence of a comprehensive ICT4D mHub platform?
Currently there are numerous applications but they are not synced with each other. What is truly needed (and possible) is a comprehensive mHub type of platform that is multi-sectoral (e.g. agriculture, health, education, etc.) and multi-functional.
- Categories
- Technology
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