-
Adoptions rise, but mobile wallets still less than 1% of all digital transactions in India
“Despite now accounting for 10% of the overall transaction volume in India, mobile wallets form less than 1% of the transaction value,” a report by Deloitte said which was unveiled at the Retailers Association of India CFO conference on August 23.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
-
Viewpoint: Marginalized Returns: Impact investing has been seduced by a false narrative of combining social impact with financial gains
Impact investing was originally created to improve the lives of others; that impact investing could also deliver financial returns to investors was a means to that end. But nowadays, achieving predefined financial returns has become the primary goal, with the needs of investors taking priority over the interests of the communities their funding seeks to benefit. This trend has fueled a growing mismatch between the supply of impact investment and the demand for funding from enterprises working to improve conditions for marginalized communities.
- Categories
- Impact Assessment, Investing
-
Viewpoint: Why I believe the US State Department is wrong about mobile money in Africa
The US Department of State recently released a report that identified mobile money services as particularly susceptible to money laundering in Africa. It cites services like M-PESA and M-Shwari as “services [that] remain vulnerable to money laundering activities”.
- Categories
- Technology
- Region
- Sub-Saharan Africa
-
Funny money in Myanmar’s fintech sector
A prominent mobile money company appears to be flaunting regulations aimed at providing consumer protections in the burgeoning sector.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
-
These super-rich families are investing their fortunes to help others
The idea is similar to Bill Gates and Warren Buffett's The Giving Pledge, which requires signatories to give away at least half their wealth. But this is about investing for good.
- Categories
- Impact Assessment, Investing
-
Peer pressure, applied well, boosts financial health
When you’re working to reach a financial goal, friends can be equally helpful. Peers can influence how much you save for retirement, determine when you choose to retire and even shame people into paying their taxes, studies show.
- Categories
- Technology
- Region
- North America
-
How this Senegalese fintech startup is going pan-African
Fintech startup InTouch is a Senegalese company taking an unusual step by establishing a footprint across the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
Want to fight climate change? Don’t invest in Tesla
“In our view, impact investing needs to begin with companies whose products and services have a notable positive environmental or social impact,” wrote Jessica Alsford, an equity strategist at the investment bank.
- Categories
- Environment, Investing
Subscribe to Our 'Business in Global Development' Newsletter!
Our new weekly LinkedIn newsletter features NextBillion's latest original articles, along with curated news, jobs, bizdev opportunities and events from our recent coverage of impact-focused business in emerging markets.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.