-
WorldRemit expands mobile money transfer services to Latin America
WorldRemit, an online and mobile money transfer company, has announced a partnership with Bancomer Transfer Services Inc. to offer money transfers to Latin America.
- Categories
- Uncategorized
- Region
- Latin America
-
Hivos-Triodos Fund (HTF) Loans $3.1m to India’s IntelleGrow for Loans to Small, Medium-Sized Enterprises
The Hivos-Triodos Fund (HTF), a Netherlands-based microfinance investment vehicle, recently loaned EUR 2.5 million (USD 3.1 million) to IntelleGrow, an Indian nonbank financial company that specializes in making loans to small and medium-sized “social enterprises” in the agriculture, clean energy, education, financial, healthcare, sanitation and water sectors.
- Categories
- Uncategorized
- Region
- South Asia
-
“Africa needs Africa”: MasterCard & Bank of Tanzania push for local solutions
Zahir Khoja, VP, global channels at MasterCard, said Africa is attractive as an untapped opportunity and warned many companies think they can implement a “plug and play solution” without realising that “sometimes there is no socket” to do this. Instead they need to understand that an African-specific solution is needed.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Dr. H. Sudarshan of Karuna Trust Wins India Social Entrepreneur of the Year, 2014
The Schwab Foundation for Social Entrepreneurship, in partnership with the Jubilant Bhartia Foundation announced Dr. H. Sudarshan, founder of Karuna Trust, as the winner of the India Social Entrepreneur of the Year, 2014 Award. The awards were conferred in New Delhi, at a well-attended gala, by Mr. Arun Jaitley, Minister of Finance, Corporate Affairs and Defence, Government of India. The other finalists included Matthew Spacie of Magic Bus and Yogendra Bhushan of Bodh Shiksha Samiti.
- Categories
- Uncategorized
- Region
- South Asia
-
One Size Doesn’t Fit All: Understanding the shifting dynamics of BoP clients’ demand for financial services
As the need to better serve BoP markets has become a business imperative, both the context and our knowledge about low-income consumers’ use of financial services have changed. For that reason, Monique Cohen argues, we need an approach to customer service and product development that recognizes customers’ different - and evolving - financial needs.
- Categories
- Uncategorized
-
USAID administrator announces financial inclusion commitments in India
U.S. Agency for International Development Administrator Rajiv Shah announced USAID support for three priority areas of partnership as identified in the recent summit between Prime Minister Modi and President Barack Obama in Washington.
- Categories
- Uncategorized
- Region
- South Asia
-
Can M-Pesa Succeed in India?
This case study looks at how M-Pesa, a service that originated in Kenya, was tweaked for India and whether it can succeed.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
-
PRESS RELEASE: GSMA Introduces Code of Conduct for Mobile Money Providers
The GSMA today launched a Code of Conduct for Mobile Money Providers, outlining a series of common business principles to enable the development of safe and responsible digital financial services.
- Categories
- Uncategorized
- Tags
- mobile finance
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.