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With 2.7 million customer base, iPay gears up to become a billion-dollar company in India
iPay offers a tablet based e-inventory which connects the consumers to e-sellers through local retailers, allowing consumers in smaller cities to purchase online by paying offline.
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- South Asia
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In America’s Payday Loan Capital, Innovative Microcredit Helps Break The Debt Cycle
Mississippi has more payday lenders per capita than anywhere else in America, but an innovative partnership is helping to give the state's residents access to responsible small-dollar loans.
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- microfinance
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Former U.N. Official: Bitcoin Has Potential in Fragile States
Having worked in humanitarian affairs and on the ground in conflict zones for the last 20 years, Ben Parker provides a unique perspective on how bitcoin could succeed where it's perhaps needed most – in struggling developing nations.
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Twitter Top Ten 6-20-15: Twitter’s bounty in 10 favorites this week
Advocacy, accolades, advice and aphorisms. Those four A’s describe most of the Tweets that we have hand-picked for you this week from the world of global health, business development and impact investing – to name just a few.
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Weekly Roundup – The Pope Pulls No Punches: Controversial encyclical puts spotlight on BoP and reboots debate
Pope Francis touched a nerve with the encyclical that he issued Thursday. More importantly, he shined a light on economic inequality. And, as one of the world’s most powerful people, it’s an incredibly bright spotlight.
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Rwanda: MTN, Western Union Sign Mobile Money Transfer Deal
It will now be easy for Rwandans living abroad to send money to their relatives back home following the launch of a new mobile money transfer service by MTN Rwanda and Western Union, a global money transfer service firm.
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- Sub-Saharan Africa
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Women in business: Can P2P lending bridge gender gap in access to capital in India?
For a country like India where there is a distinct buzz around startups and entrepreneurship, the number of women entrepreneurs and women in business still continue to be far and few.
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- South Asia
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- lending
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Social Media, Messaging Apps Driving Global Mobile Money Adoption
It’s hardly news that mobile is important to emerging economies. Stories of those countries lepfrogging older technologies have been told so many times that they can sometimes seem tired. But when you stop and think about it, even the rise of mobile money and marketing in these markets has been nothing short of remarkable. For instance, the latest report from global trade body Mobile Ecosystem Forum (MEF), shows that 69% of mobile media users globally carried out a banking activity via mobile in 2015, up three percent year-on-year. But in Indonesia the figure was 80%, in Nigeria 85% and Kenya an incredible 93%.
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