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Uganda: How Technology Is Changing the Face of Banking
A wave of technological innovation has suddenly swept through the Ugandan banking space in recent times. Key developments within the sector have erased memories of dreary days when people had to walk into banking halls, wait in queues to withdraw money, deposit savings or request for a loan. Only people doing complex transactions have kept at this tedious process.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Paytm Is Accelerating Its Banking Push in India
Indian mobile wallet firm Paytm plans to launch its banking operations within two months, according to Bloomberg.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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US Sustainable, Responsible and Impact Investing Trends
US sustainable, responsible and impact (SRI) investing continues to expand. The total US-domiciled assets under management using SRI strategies grew from $6.57 trillion at the start of 2014 to $8.72 trillion at the start of 2016, an increase of 33 percent, as shown in Figure A. These assets now account for more than one out of every five dollars under professional management in the United States.
- Categories
- Impact Assessment, Investing
- Tags
- ESG, impact investing
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Safaricom Extends Lead on Mobile Money Transfers
Safaricom has expanded the value of mobile money transfers under its M-pesa platform by 4.45, latest industry data shows, as the company continues to lead in the mobile money market.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Cuemath raises $15 million in Series B round from Alphabet
Education start-up Cuemath, run by Cuelearn Pvt. Ltd, has raised $15 million in Series B round of funding led by equity investment fund of Alphabet Inc., CapitalG (formerly known as Google Capital), the company said in a statement on Monday.
- Categories
- Education, Investing, Technology
- Region
- South Asia
- Tags
- impact investing
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What does it mean for technology to be innately African?
Mobile and cloud may be global technologies, but African startups have explored their functionalities, shaped their applications and used them to build differentiated business models suited to their markets, writes Amrote Abdella, regional director of Microsoft 4Afrika.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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New mobile payments facility to help enhance financial inclusion in Rwanda
Rwanda’s cashless economy push has received a timely shot as regional lender KCB Bank Rwanda prepares to launch a new payment system that is tipped to expand digital and mobile banking services across the country.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Ayo Uganda Launches with two mobile based Micro-Insurance Products
MTN Uganda, in partnership with aYo, today announced innovative micro-insurance products, Recharge with Care and Send with Care. The two are the first products launched by aYo – a joint venture between MTN and MMI Holdings – announced in September last year. aYo was formulated to have a strong focus on delivering micro-insurance solutions across the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation
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