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Farmers in Zimbabwe Bemoan Mobile Money Ban
Cotton growers have criticised the government for its abrupt ban on bulk mobile money transfers, saying this will derail their operations as payments are now taking longer at a time the rate of inflation is galloping.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Alibaba Cloud, Fintech Academy, Pfizer Accelerate Apac Healthcare Innovations
The startups selected under this alliance will receive 'infrastructure support and technological expertise from Alibaba Cloud, talent development and venture building support from Fintech Academy and scientific and commercialization knowledge from Pfizer'
- Categories
- Finance, Health Care
- Region
- Asia Pacific
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COVID-19 Isn’t Killing Cash. People Are Hoarding More of It
People appear to be bunkering cash amid the coronavirus outbreak, according to a study that seeks to debunk the notion that the pandemic was hastening the demise of paper money due to e-commerce or fears of infection.
- Categories
- Coronavirus, Finance
- Tags
- e-commerce
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Viewpoint: E-Remittance Firms Have Pushed Inclusion, and Will Lead the Recovery
What's making fintechs so popular for remittances? Aside from representing cost savings, being built from the ground up with user experience at the forefront has enabled these entities to be more flexible and inclusive than incumbents.
- Categories
- Finance
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GSMA Launches Mobile Money Test Platform
The GSMA launched a mobile money interoperability testing platform (ITP), designed to provide an open, secure environment for operators, financial providers and other stakeholders to trial systems ahead of full deployment.
- Categories
- Finance
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Digital Financial Inclusion in the Times of COVID-19
The COVID-19 pandemic could be a game changer for digital financial services.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Press Release: Bangladesh-Based Clean Energy Firm SOLshare Successfully Closes US$1.1 Million Financing Round With Support From IIX Impact Partners
IIX Impact Partners – the world’s most successful debt and equity crowdfunding platform for impact investing – has supported Bangladesh-based off-grid solar energy firm SOLshare in closing a US$1.1 million financing round. Investors include innogy New Ventures LLC – the venture capital investment arm of the German utility firm innogy SE— the investment arm of Portuguese utility firm EDP Ventures, as well as new angel investors from around the world. Funding will be used to bring smart solar microgrids to off-grid, underserved communities in Bangladesh, putting SOLshare on track to positively impact 2.5 million people by 2023.
- Categories
- Energy, Finance, Technology
- Region
- Asia Pacific