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Mobikwik Eyes Big Chunk Of India’s Mobile Wallet Market
Smartphone growth has led to the growth of many companies and MobiKwik is one of them. Started in 2009, MobiKwik is a closed wallet company which records around 100,000 transactions every day.
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Marketing to the bottom of the pyramid
The informal economy is Africa’s new frontier for growth. Previously forgotten and disregarded the informal economy on the continent is alive and growing into a significant contributor to the bottom line for many businesses. This is where the next surge of expansion is and if you are not playing in this space then you’re missing out.
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Kenya: Regulator sets tough conditions for mobile firms
Safaricom chief executive Bob Collymore is facing hard options, following last Friday’s approval of his company’s quest to acquire rival yuMobile’s assets under tough conditions.
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Vodafone Brings Africa’s M-Pesa Mobile Money to Europe
The launch targets 7 M in Romania who mainly use cash and M-Pesa has 16.8 M active customers in emerging markets.
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- Sub-Saharan Africa
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Interested in “Last Mile” solutions in a European context? We want to pick your brain
Help identify innovative partnership models to provide solutions to the Last Mile Challenge! No registration is needed, just gather all the ideas you have and come to comment, share and contribute on the online Google document. Changemakers will facilitate a dynamic ONLINE BRAINSTORM on 3 to 6pm CET on Wednesday, April 2.
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Rwanda’s Push for Financial Inclusion: The government has set a target of 90 percent financial inclusion by 2020
Six years ago, the 2008 FinScope survey found that just 21 percent of Rwandan adults were participating in the formal financial sector. Largely in response to these figures, the government launched bold initiatives focused on financial inclusion. Now, according to World Bank researcher Douglas Randall, signs of progress are everywhere.
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An Open Letter to Larry Page: Paul Polak urges Google CEO to invest in for-profit poverty alleviation
Google CEO Larry Page recently said he’d rather hand over his cash to Elon Musk, of Tesla, than donate it to a philanthropic organization. In an open letter, social entrepreneurship veteran Paul Polak suggests a third way for Google to make money and help the poor.
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Leapfrog invests $29 million in IFMR Capital Finance
US-based Leapfrog Investment has bought a minority stake in financial services provider IFMR Capital Finance for $29 million (Rs 174 crore). IFMR helps microfinance firms, small businesses, affordable housing companies and commercial vehicle financiers raise money on the debt markets.
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