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Viewpoint: Enhance Protection in Digital Financial Space
Over the past decade and half, digital innovations have transformed the financial sector in Kenya, generating significant benefits for consumers and the economy. As a result of the digital transformation, customers - many of whom were financially excluded or underserved - can now borrow loans, pay bills, transfer money and access their bank statements easily using their computer or mobile phone. This so-called financial inclusion miracle has mainly been driven by mobile money; as such, many of these digital financial services are based on M-Pesa, the revolutionary mobile money service launched in 2007 by Safaricom.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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African Startups Can Apply for 2nd Edition of Inclusive Fintech 50
Applications have opened for the second edition of the Inclusive Fintech 50, which will identify 50 high-potential, early-stage and innovative fintech startups driving financial inclusion and resilience for the three billion financially underserved people worldwide.
- Categories
- Finance, Technology
- Tags
- digital payments, fintech
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Digital Financial Services Policy Aims to Power Digitisation Trend in Ghana
Barely 15 years ago, financial services in Ghana were the preserve of banks and other institutions licensed by the central bank.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Catalyst Fund Announces Seventh Cohort of Inclusive Fintech Startups
All startups in the latest cohort are addressing critical challenges in times of COVID-19, in emerging markets
- Categories
- Coronavirus, Finance, Technology
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BigPay’s Remittance Service Achieves Record Growth
BigPay’s remittance service has grown at an average of 35 per cent month-on-month since its launch in September 2019 and it now looking to open up more corridors across the Asian region.
- Categories
- Finance, Technology
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Six Fintech Innovations Will Boost Financial Inclusion Levels for MENA’s Unbanked
“Covid-19 has accelerated the already pressing need for services that bring the advantages of financial inclusion to large swathes of the population and by extension national economies,” said Alicia Sornson, manager programmes and partnerships in Mena, at Village Capital.
“Regulators and investors are among the best placed to create the conditions that allow innovation to thrive."- Categories
- Finance
- Region
- North Africa & Near East
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Fintech Adoption: Mobile, Digital, and Contactless Payments Increasingly Being Used in Indonesia Due to COVID-19
The COVID-19 outbreak has created significant socio-economic challenges, which have impacted individuals and businesses across the globe. More people are now spending time at home due to government-enforced nationwide lockdowns.
- Categories
- Coronavirus, Finance
- Region
- South Asia
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Viewpoint: Mobile Money Helps Close Kenya’s Gender Gap in Financial Services
Mobile money has had the biggest impact on closing the gender gap in access to financial services in Kenya, deputy central bank governor Sheila M’Mbijiwe has said.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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