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Taking The ‘Fun’ Out Of Crowdfunding
Crowdfunding is a trendy and cool buzzword. “Crowd” sounds sociable and “funding” is, of course, always good. But equity crowdfunding as contemplated by rules proposed by the SEC in late October is not promising.
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- Uncategorized
- Tags
- crowdfunding
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Uganda: Mobile Money Gives Banks a Run
To Richard Mwebaze, the message was loud, clear and a welcome relief from those dreaded bank queues. The head teacher at one of his children's school said parents were now free to pay school fees by mobile money.
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- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- mobile finance
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Philippines’ Quezon City and USAID Launch Mobile Money System
The Local Government of Quezon City, in collaboration with the U.S. Embassy Manila’s United States Agency for International Development (USAID), has launched an innovative mobile money system.
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- Uncategorized
- Region
- Asia Pacific
- Tags
- governance, mobile finance
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Success at Scale: How CARD Bank activated 480,000 poor savers in the Philippines
Grameen Foundation recently completed an innovative 4-year project with CARD Bank in the Philippines. Their goal: to provide access to secure, accessible and convenient savings accounts targeted to the poor. Julie Peachey describes how Grameen helped the bank open 480,000 new active savings accounts and create the infrastructure for implementation of mobile financial services, while helping its partner ensure sustainability.
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Social enterprise incubator Villgro invests in three startups
Social enterprise incubator Villgro has invested an undisclosed amount in three social enterprises—OneBreath, Ecozen Solutions and Artoo. Apart from equity, the incubator will provide mentoring, access to network and talent for these start-ups.
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Small business financing companies can play much bigger role in financial inclusion in India
For that, there is an immediate need for formation of an independent regulator to formulate framework for sustainable and better functioning of Small Business Financing Companies (SBFCs) that has been doing a wonderful work for promoting growth of small business in India, senior Bharatiya Janata Party (BJP) leader Yashwant Sinha said.
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- Uncategorized
- Region
- South Asia
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World Bank: Crowdfunding Investment Market to Hit $93 Billion by 2025
Crowdfunding has come a long way since 2008, when a group of UC Berkeley MBA students launched Indiegogo. It’s now a multibillion-dollar industry growing literally exponentially and worldwide
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LeapFrog Investments divests Ghanaian insurance firm Express Life to Prudential
Specialist investor LeapFrog Investments has divested the majority stake it holds in Express Life to Prudential Plc. Express Life is an insurance firm based in Ghana founded by Obed Danquah.
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- Uncategorized
- Region
- Sub-Saharan Africa
