-
PRESS RELEASE: Accion Venture Lab Invests in Kenyan Start-up Umati Capital
Accion today announced an investment in Umati Capital, a Kenya-based lending company that provides invoice discounting and other forms of working capital financing to small and medium-sized enterprises (SME) in East Africa.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- lending
-
India’s Financial Inclusion Scheme Can Bring Unorganized Remittances Under Banking Channels
"With the help of the Jan Dhan Yojana, the reach of banking can definitely be expanded, making migrant workers aware of different services," says a senior executive from Bank of India.
- Categories
- Uncategorized
- Region
- South Asia
-
What Jamaica’s Mobile Wallet Will Mean for the Unbanked: Financial inclusion community takes note of new national mobile finance product
This summer, the Bank of Jamaica approved the Jamaican Co-operative Credit Union League to extend the use of its mobile wallet to all citizens of the country. This was an incredibly significant development that could have a major impact in Jamaica and beyond, says Mozido founder Michael Liberty.
- Categories
- Uncategorized
-
Five Sources of Untapped Innovation in Digital Finance: How a new generation of financial products is taking the sector far beyond payments
The GSMA estimates there are more than 60 million active mobile money accounts in over 84 countries, and these figures continue to grow. But though this growth has been driven primarily by payments, financial service providers are beginning to deliver other services through these “digital rails.” CGAP discusses five attributes upon which these second generation products build their value propositions.
- Categories
- Uncategorized
-
In Lending Circles, a Roundabout Way to a Higher Credit Score
Shweta Kohli has always paid her own way.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- credit scoring
-
Mobile Money: Banks get ready to take on M-pesa
Safaricom's popular mobile money-transfer service may finally have met its match as innovation in the banking sector catches up.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
-
Nigerian Government Aims to Use Post Office to Reduce Unbanked Population to 10 Percent
The Federal Government has said it would leverage the expansive network of the Nigerian Postal Services (NIPOST) to reduce the unbanked adult population in the country to 10 per cent by 2016.
- Categories
- Uncategorized
-
New Calvert chief sees two trends in sustainable investing
John Streur, incoming CEO of Calvert Investments Inc., sees "two broad trends that are really coming together to shape and influence socially responsible investing."
- Categories
- Uncategorized
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.