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Morgan Stanley Introduces Catholic-Focused Investing Program
The influence of Pope Francis’ recent visit to New York is being felt at Morgan Stanley (MS). The wirehouse said early Friday that it is rolling out a tool kit for financial advisors based on Catholic values.
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Indian Banks’ Association Wants to Be Made Party in Supreme Court Challenge to Aadhaar Validity
To protect the interests of the banking industry, Indian Banks’ Association (IBA) on Monday moved the Supreme Court seeking to be made a party in a batch of petitions challenging the validity of the Aadhaar card.
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Paga Raises Additional $13M: Targets Dominance of Nigeria’s Mobile Money Market
Nigeria’s leading mobile payment company, Paga, has announced the completion of a $13m Series B financing led by Adlevo Capital which is expected to expand its lead position in Nigeria’s mobile payments sector.
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NextBillion’s Most-Read, Most-Shared Posts for August: Building the perfect accelerator, new rules in Indian banking and what can be learned from Walmart’s relationship with USAID
How do you design a business accelerator that A) supports enterprises concentrating on new products and technologies designed for poor and low income people and B) engages investors – not just their money – but also their knowledge and mentors. One accelerator that hopes to do both was our most There’s no single formula, especially if this entrepreneurial assignment takes place in developing countries and across multiple industry sectors. Many smart people are studying what makes a good accelerator a great one. In fact, it’s the subject of a big research project called the the Global Accelerator Learning Initiative (GALI), a collaboration between the Aspen Network of Development Entrepreneurs and Emory University.
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New Initiative Encouraging Indian Diaspora to Invest Launched
A new investment initiative, announced by President Barack Obama during his New Delhi visit early this year, that makes it easier for the Indian diaspora to invest in small and medium businesses in India has been launched here.
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National Payments System in the Works in the Philippines
The framework for the envisioned national retail payments system (NRPS) could be ready by next month, a BancNet official said, in a bid to roll out the system by next year as the financial industry aims to have an integrated cashless network in the next three to five years.
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- Asia Pacific
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Overcoming Assumptions and Prejudices to Forge a Network of Self Reliance: Why Zidisha targets young, tech-savvy entrepreneurs with loans
The nonprofit Zidisha built a different kind of micro-lending platform: One that is peer-to-peer, transparent and caters to entrepreneurs who came of age during the Internet era. In part two of our interview with CEO Julia Kurnia we discuss how Zidisha maintains its borrower-friendly focus, differentiates itself from other lending networks, and holds steadfast to the idea that loans are better than cash transfers.
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Weekly Roundup 10-9-15 : Exits and Entrances: Two reports shed light on getting out and getting into impact enterprises
To capitalize on the chatter and excitement around impact investing that the Social Capital Markets (SOCAP) conference creates, many organizations and companies made announcements and issued reports this week. Here are two biggies that caught our eye.
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