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Mauritius-based startup works on first Africa-developed blockchain
A Mauritius-based startup is working on the first highly-efficient mobile blockchain developed in Africa, which it says is set to see large-scale consumer adoption by 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- blockchain, fintech, startups
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Viewpoint: Designing financial products for women
Current financial service models conflate women with ‘family’, considering them merely an avenue to pursue social welfare.
- Categories
- Finance
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SoftBank and Singtel are leading a pre-IPO $1.25 billion investment in Africa’s No.2 mobile phone company
Money raised from going public, alongside some of the new funding, will go towards cutting down the company’s existing $5 billion debt.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Google touts 30 million monthly users for its mobile-payment platform in India
Alphabet Inc.’s Google has dominant positions in search, advertising and mobile devices, but the company has had to play from behind when it comes to mobile payments.
- Categories
- Finance
- Region
- South Asia
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Report: Ban on Aadhaar linking may crimp growth of financial players in India
Last month, the Supreme Court had declared the government's flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions.
- Categories
- Finance, Technology
- Region
- South Asia
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Report: Over 8 of 10 Small Banks, Microlenders and Co-Ops in the Philippines are Not Ready to Go Digital
“The dominant picture in our data is that majority of financial institutions are not yet ready to transform their business at this point, confirming anecdotal evidence long held by the industry,” wrote FINTQ in the report. “This conclusion indeed raises a notch higher the urgency in enabling financial institutions to be digitally ready, as the pattern uncovered in our data has profound implications on the country’s progress towards expanding financial inclusion in the countryside.”
- Categories
- Finance
- Region
- Asia Pacific
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PayPal Invests In Emerging Markets Lending App Tala
Tala’s Android-based app analyzes device and behavioral data to instantly underwrite the consumers and create a loan offer.
- Categories
- Finance
- Tags
- fintech, mobile finance
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SEC launches a fintech hub called FinHub for Innovation and Financial Technology
The new portal will publish all the recent data from the SEC, and additionally, give a chance to start-ups to ask their very own inquiries and receive advice on the regulation of their venture.
- Categories
- Finance, Technology
- Region
- North America