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Analysis: Africa’s Mobile Banking Will Be Redefined by Social Media
The COVID-19 pandemic has precipitated a race among African Banks to become fully digital as consumers increasingly demand more personalised service across multiple channels.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Venio Launches ‘Nano-Credit’ Lending App to Boost Financial Inclusion in Emerging Markets
‘Nano-credit’ mobile application company Venio has begun offering credit facilities for the unbanked consumers in the Philippines.
- Categories
- Finance
- Region
- South Asia
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Fintech Startup Remitly Raises $85M
Fintech startup Remitly has raised $85 million in a new round of funding, bumping its valuation up to $1.5 billion.
- Categories
- Finance
- Tags
- cash transfers, fintech, remittances, startups
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UK Government Aims Fintech Industry at Africa
UK government is building fintech relationships with developing countries, beginning with a pilot programme in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mastercard Collaborates With Microsoft to Accelerate Innovation Across Digital Commerce and Startup Ecosystems
Collaboration will build pathways to financial security and provide tools for sustainable growth
- Categories
- Finance
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COVID-19 Triggers Decline in Agent Banking in Uganda
Agent banking has allowed commercial banks appoint a third party (agent) to transact business on its behalf.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Press Release: Grameen America Receives $25 Million Grant From Mackenzie Scott
Transformational Gift will Accelerate Financial Inclusion for Low-Income Minority Women Entrepreneurs
- Categories
- Finance
- Region
- North America
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Report: Somalia’s Mobile Money Penetration High, Data Costs Lowest In Africa
Despite its long history with civil unrest, Somalia seems to have gotten a good grip on its business community.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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