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Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Shortlist Raises $1 Million in Seed Funding to Help Employers Discover Untapped Talent Across Africa and India
Employment tech startup Shortlist today announced $1 million in seed funding from US-based private equity firm University Ventures, Indian angel investor Samir Shah of Sattva Capital, Kenya-based seed fund Zephyr Acorn, global impact investor FARM Ventures, and US- based investor Bodley Group.
- Source
- Press Release
- Categories
- Technology
- Region
- South Asia
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Four New Issuers Join ImpactUs Marketplace
“These four organizations are now part of the growing number of mission-driven institutions realizing the power that technology, coupled with formal investment administration services, can have in reaching broadening their reach to current and prospective impact investors,” said Reginald Stanley, President and CEO of ImpactUs.
- Categories
- Technology
- Region
- North America
- Tags
- fintech, impact investing
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The surprising place where cash is becoming extinct
Somaliland, a self-declared republic in East Africa, faces high illiteracy and has an economy ravaged by a civil war. But it might just become the first cashless society on Earth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Google is reportedly releasing a localized mobile payment service in India
The publication claims Google ‘Tez’ — meaning fast in India — will offer a comprehensive set of payment options beyond existing products like Google Wallet or Android Pay. Tez, for one thing, will include support for Unified Payments Interface (UPI) — a payment system backed by the government — and other consumer payment services including Paytm and MobiKwik.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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China to Shut Bitcoin Exchanges
The policy shift in the world's No. 2 economy shows how nations are wrestling with bitcoin and its place in the financial system.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- blockchain, cryptocurrency
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Digital Payments in India – The Race to Capture the Market Begins
According to a recent report on Digital Payment in India 2020 by Google, the total payment via digital instruments is expected to touch $500 billion by 2020.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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This aid agency is using chatbots to beat world hunger
WFP first began to assess food needs using text messages and interactive voice response systems in Somalia and the Democratic Republic of Congo in 2014, with help from global information and audience measurement company Nielsen. This year, they expanded to using chatbots on the Facebook messenger platform. Approximately 170 million Africans use Facebook, mostly on their phones.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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