-
Press Release: Massive Drop in Number of Unbanked, Says New Report
From 2011 and 2014, 700 million people became account holders at banks, other financial institutions, or mobile money service providers, and the number of “unbanked” individuals dropped 20 percent to 2 billion adults, says a new report released today.
- Categories
- Uncategorized
-
The Slow Global Spread of Savings Accounts
Last year, researchers travelled around the globe to talk about personal finance with a hundred and fifty thousand people, representing a range of socioeconomic classes, and living both in cities and in remote, rural parts of more than a hundred and forty countries.
- Categories
- Uncategorized
-
Why Ethiopian Financial Services Industry Is Slow on Mobile Banking
Ethiopia’s heavily regulated financial service sector is one of the least developed on sub-Saharan Africa with over 80 million people from a population of 94 million still unbanked, despite the rapid economic growth the horn of Africa nation has experienced over the last decade.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
India’s Social Entrepreneurs Promised “Maximum” Support From Minister
The Indian government will put its ‘heart and soul’ into supporting social entrepreneurship – the minister for science, technology and earth sciences has pledged.
- Categories
- Uncategorized
- Region
- South Asia
-
Ikea Launches Range Made by Worker Co-operatives
IKEA has launched a new range of products created by women’s co-operatives in rural India.
- Categories
- Uncategorized
- Region
- South Asia
-
India’s MoneyonMobile Sees 27% One-Month Jump in Transaction Processing
MoneyOnMobile is continuing to ignite India’s mobile money scene — topping 131 million users in March, the company announced yesterday (April 14).
- Categories
- Uncategorized
- Region
- South Asia
-
National Commission to Issue Electronic Identity Cards to Six Million Nigerian MFI Members to Boost Financial Inclusion
The National Identity Management Commission (NIMC) is collaborating with the Association of Non-bank Micro Finance Institutions of Nigeria (ANMFIN) to register its six million members into the national identity management system and issue them electronic identity card for effective financial inclusion.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
India’s Paytm Crosses 50 Million Digital Wallets
Mobile payment processor Paytm said on Monday that it now has over 50 million wallets on its platform and is expected to touch 100 million by 2015.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.