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Viewpoint: Fintech a Game-Changer for Growth in Asia
Fintech is emerging as a driver of innovative financial solutions during COVID-19
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Facebook’s WhatsApp Brings Digital Payment to Users in Brazil
Facebook Inc’s WhatsApp messaging service rolled out a system across Brazil on Monday that will allow users to send money to individuals or local businesses within a chat, attaching payments as they would a photo or video.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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Tonik Raises $21 Million to Launch Digital Bank in the Philippines
A wave of digital banks, or neo-banks, has flourished in recent years in Western nations as people begin to flee megabanks.
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance
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Ghana’s Move to Curtail MTN’s Market Share Is About Mobile Money, Not Voice
MTN’s large market share in Ghana may be about to get smaller.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- data
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New Report Details How Nigerian Fintech Companies Are Expanding Their Business Scopes
The 20-paged report was unveiled during a webinar that was organised by The Economist Intelligence Unit.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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How Coronavirus Is Impacting Digital Payments in Emerging Markets
Digital payments have been growing rapidly in emerging markets over the last ten years or so, since the establishment of MPESA in Kenya in 2007, writes Pavel Matveev, CEO of Wirex. MPESA relies on 120,000 retail agents who take in and dispense cash to users around the country, and in 2017, MPESA processed 1.7 billion payments […]
- Categories
- Coronavirus, Finance, Technology
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Do Cash Payments Have a Bright Future After COVID-19 in Emerging Markets?
Pandemic has undoubtedly accelerated uptake of alternative payment methods and helped normalise their usage
- Categories
- Coronavirus, Finance
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One of Africa’s Smallest Economies Is Plugging Social Welfare Gaps With Digital Cash Transfers
The biggest fear for African countries as the Covid-19 pandemic loomed was the potential shock to under-equipped healthcare systems.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments