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Omise to raise $19M in first cryptocurrency sale from a major VC-backed startup
Kik has raised over $120 million from investors to date and it claims 300 million registered users, making it the most established company to throw its hat in the ICO ring thus far, but it is about to be beaten to the punch by Omise, a Thailand-based company that provides Stripe-like payment features in Japan and Southeast Asia.
- Categories
- Technology
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Reserve Bank of India allows co-operative banks to issue mobile wallets
The Reserve Bank of India (RBI) has allowed co-operative banks, who are permitted to install ATMs and issue debit cards, to also issue prepaid payment instruments PPIs like mobile wallets.
- Categories
- Technology
- Region
- South Asia
- Tags
- mobile finance
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Everex to Enable Mobile Blockchain-Powered Microfinance via Ethereum
Everex mobile fiat transactions are based on the company’s already existing Cryptocash service and its mobile Ethereum wallet. Cryptocash is an Ethereum ERC20 token family, pegged to fiat currencies and tradable on the Everex Wallet, as well as on third-party applications and exchanges.
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- Uncategorized
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This refugee aid app was built over a weekend. Now hundreds of nonprofits rely on it.
Taylor is behind the Refugee Aid app, or RefAid, which connects refugees with crucial services when and where they need them most. More than 400 of the largest aid organizations in the world—from the Red Cross to Save the Children to Doctors of the World—all use it.
- Categories
- Technology
- Tags
- nonprofits, refugees
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Amazon poised to disrupt pharmaceuticals
Amazon’s disruption in the retail and logistics space is unprecedented and in need of no introduction. However, in its typical style, while everyone has been focusing on what we perceive to be its core business, it has quietly been thinking of swallowing a completely different industry – in this case, pharmaceuticals.
- Categories
- Health Care
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The Price Clients Pay For SRI/ESG Investing
SRI has gained a lot of assets in recent years. In 2016, socially responsible funds managed approximately $9 trillion in assets from an overall investment pool of $40 trillion in the United States, according to data from the US SIF Foundation. While SRI and ESG investing continue to grow in popularity, economic theory suggests that if a large enough proportion of investors choose to avoid “sin” businesses, their share prices will be depressed.
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- Uncategorized
- Tags
- impact investing
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Unitus Seed Fund hires Milind Shah as healthcare venture partner
Early-stage impact-focused venture fund Unitus Seed Fund has roped in Milind Shah, the India managing director of global healthcare company Medtronic as its healthcare venture partner.
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- Health Care
- Region
- South Asia
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How Ikea helped to change attitudes on helping refugees
Refugee populations have long been reliant on charitable aid agencies, but could business investment make a more meaningful difference?
- Categories
- Uncategorized
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