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Making Money Pay: Direct Cash Transfers in Kenya
According to proponents, direct cash transfers not only cut out admin costs and losses to corruption. They are also more empowering and effective.
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- impact investing
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CHINA SEES A SHARP INCREASE IN MOBILE PAYMENTS
NEW REPORT HIGHLIGHTS THE GROWTH OF MOBILE TRANSACTIONS IN CHINA
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PRESS RELEASE: JPMorgan Chase & Co. Commits $30 Million to Establish Financial Solutions LabSM and Improve Financial Capability
Led by the Center for Financial Services Innovation, the Lab intends to catalyze, test and scale promising innovations that help people increase savings, improve credit and build assets
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- impact investing
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Kenya’s Virtual Operators Add Twist To Mobile Money Revolution
A move by the Kenya communication regulator to license three mobile virtual network operators (MNVO) – that don’t own their own communication infrastructure – is expected to expected to increase competition in the mobile money segment of the market that has been for the last couple of year dominated by a single player.
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- Region
- Sub-Saharan Africa
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Impact investing firm Investors’ Circle closes on $3.1M, looks for deals
Durham-based “impact investing” firm Investors’ Circle just closed on $3.1 million – a sum that, according to executive director Bonny Moellenbrock, will go toward a very specific type of startup.
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- impact investing
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World Bank Revamping Is Rattling Employees
The World Bank, a famously bureaucratic institution, is undergoing its first restructuring in nearly two decades.
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- impact investing
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State Equity Crowdfunding Policies Hold Promise in U.S.
More than two years after passage of the Jumpstart Our Business Startups (JOBS) Act, the U.S. Securities and Exchange Commission (SEC) is still writing the regulations that will govern equity crowdfunding in America.
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World Bank offers Angola $1 billion to fund infrastructure, agriculture
The World Bank will offer $1 billion in financing to help Angola rebuild infrastructure and develop its agriculture, an official at the Washington-based lender said on Monday.
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