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Preventing an Emerging-Market Meltdown
Emerging markets today account for more than two-fifths of global GDP measured at market exchange rates, and nearly three-fifths after adjusting for differences in purchasing power. If these economies crash, then rich-country citizens will also be the victims of an economic catastrophe long foretold and clearly avoidable.
- Categories
- Coronavirus, Finance
- Region
- Europe & Eurasia
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Viewpoint: Story From People the Crypto Community Needs to Stand up and Fight Racism
Robert Greenfield is the CEO of Emerging Impact, a benefit corporation that supports NGOs and government agencies to leverage blockchain technology in social protection. Previously he was head of Social Impact & Diversity Programming at ConsenSys.
- Categories
- Coronavirus, Education, Finance, Health Care, Impact Assessment, Investing, Technology
- Region
- North America
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Uber Africa launches Uber Cash with Flutterwave and explores EVs
Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco-based — Nigerian-founded — fintech firm Flutterwave.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Philippines Based Digital Financial Services Firm Ayannah Merges With Indian Payments Company Equity Capital Advisors
Philippines based Ayannah, an online financial services provider, and India’s payments firm Equity Capital Advisors (ECAPS) have merged their operations in order to provide cost-effective and more accessible financial services to South Asia and Southeast Asia’s growing middle-class population.
- Categories
- Coronavirus, Finance
- Region
- South Asia
- Tags
- fintech, insurance, remittances
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BRAC Survey Finds 95 Percent in Bangladesh Suffer Losses in Income Due to COVID-19
Brac in a latest survey said that the lockdown and social distancing measures announced to contain the spread of the COVID-19 pandemic has forced 95% people across the country to suffer a loss in their income.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Viewpoint: Yes, There Are Growth Investment Opportunities During Market Volatility
While equities, credit and interest rates race toward a recession, long-term investors have a compelling entry point into the businesses reshaping the global economy.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Halal Fintech Startup Wahed Closes $25m Led by Saudi Aramco’s Investment Arm
New York-based fintech startup Wahed (meaning “One” in Arabic) describes itself as a digital Islamic investment platform and as the world’s first “halal robo adviser.” It has now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of oil giant Saudi Aramco.
- Categories
- Finance
- Tags
- fintech
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Renewable Energy Startup Using Blockchain Raises $3 Million in Funding
Blockchain-based renewable energy startup SunExchange has raised $3 million in a recent funding round to expand its services. The funding highlights the increasing demand in South Africa and the region for solar power and alternative investment options.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa