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Triotech Raises $3 Million From Singapore VC Firm Bluehill
Mobile payment services company Triotech Solutions has raised $3 million (nearly Rs 19 crore) from Singaporebased venture-capital firm Bluehill in its first round of funding.
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- Region
- South Asia
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Scaling Corporate Social Enterprise Conference: Why innovation is not enough
At the Scaling Corporate Social Enterprise Conference in Santiago, Chile Ron Adner, Professor of Strategy and Entrepreneurship at the Tuck School of Business at Dartmouth College, invited us to think always about the extra mile that our innovation requires. Here’s why: Because innovation on its own, loose, is not enough.
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Bringing Mobile Money up to Code: GSMA Code of Conduct for providers puts customer experience at the center
Only 17 percent of respondents in CGAP’s recent global survey on consumer risks in digital finance felt that service providers are doing an adequate job of protecting customers. The GSMA’s Code of Conduct for Mobile Money Providers is part of a growing movement to try to change that, with a number of the Code’s eight principles directly addressing key customer concerns.
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Myanmar anticipating a leap-frog in development through financial inclusion
An overview of the Financial Access Landscape and the usage of financial services by consumers in Myanmar.
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- South Asia
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Is India approaching a perfect storm in digital financial services?
In the use of digital technologies, financial services in India lag behind other sectors. But a perfect storm may soon come and enable technology-led disruption at a far greater scale.
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- South Asia
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Can Innovation Help the Poor Escape from Payday Lenders? Ford Thinks So
The Ford Foundation has been working to close the racial wealth gap for over two decades, a gap much in the news these days, and one part of that effort has been to help "unbanked" low-income people escape from the shady world of payday lending and worse, and access the financial services that middle-class people take for granted. To that end, Ford recently gave $1 million dollars to the Center for Financial Services Innovation (CFSI) to continue its work on building financial tools for the underserved.
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Will Africa’s Mobile Money Revolution Take Hold?
When mobile network operator (MNO) Safaricom launched its M-Pesa mobile payments system in Kenya seven years ago, few business models were as ripe to explode. With extremely high mobile penetration rates, a high proportion of unbanked households, a regulatory system that allowed telecoms companies rather than banks to lead the way, and a migrant population suffering from expensive domestic remittances, it is little wonder that more than two-thirds of Kenyan adults use the service today.
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- Uncategorized
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- Sub-Saharan Africa
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Zimbabwe Government Moves to Lower Money Transfer Charges and Broadband Prices
It looks like we are headed towards cheaper mobile money services and lower broadband prices if the State’s word is anything to go by.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- public policy
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