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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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Press release: Upaya Social Ventures Will Fund Its Next Investments from A Recoverable Grant Pool
Upaya Announced $2M to expand its job-creating investments, including an innovative $1M Pool of Recoverable Grants that will be used to fund its next investments; the first term sheet has been presented to an agribusiness enterprise.
- Categories
- Investing
- Region
- South Asia
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Press release: OPIC Loan to Kiva Supports Almost 100,000 Microloans to Developing Country Borrowers
The Overseas Private Investment Corporation (OPIC) announced Thursday at the Social Capital Markets conference that its financing to Kiva Microfunds has supported 98,137 microloans to 207,227 small business borrowers, across 30 countries.
- Source
- Press release
- Categories
- Investing
- Region
- North America
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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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Press release: ImpactAssets Expands Executive Leadership Team
Margret Trilli brings strategic and executive leadership to extend organizational excellence and drive continued growth toward a multi-billion-dollar impact investing platform; founder Tim Freundlich promoted to Chief Executive Officer to lead business innovation and field-building; Gabe DiClerico named CFO to elevate finance administration capability.
- Categories
- Investing
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Press release: OPIC Launches Venture Capital Program with Financing to India-focused Iron Pillar
New venture capital program to invest in later stage venture funds supporting developing economies.
- Source
- Press release
- Categories
- Investing
- Region
- South Asia
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Tableau pledges to donate $100M to help health, human-rights groups
Tableau Software will donate $100 million in technology resources and grants through 2025 to assist global health and equality organizations, increasing its foundation’s size significantly in its fifth year.
- Categories
- Health Care
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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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