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Mobile Money Becomes Lifeline as Telecoms Thrive in Covid-19 Era
Mobile money and data have emerged as the lifeline in revenue growth for African-focused telecoms operators Vodacom Group and Airtel Africa across markets characterised by stiff competition and challenging regulatory regimes.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Press Release: Wave Money And Ant Financial Services Group Forms Strategic Partnership
The Myanmar Government plans to increase financial inclusion in the country from its current 48% to 60% by 2023.
- Categories
- Finance
- Region
- Asia Pacific
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Viewpoint: How Emerging Fintech Can Help Latin America Deal With the Challenges of COVID-19
Currently, there are 703 fintech startups operating in Latin America, with more than 50 percent being launched in the last six years. Still, more can be done to expand this burgeoning market, with endless socioeconomic benefits.
- Categories
- Coronavirus, Finance, Technology
- Region
- Latin America
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How Mastercard’s CEO is Working Toward Financial Inclusion During the Pandemic
“I believe that digitization is a mechanism to deliver inclusive growth,” he said, “but digitization is also the vehicle for those who are left out to feel even further left out.”
- Categories
- Coronavirus, Finance
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Emerging Markets-Focused Microfinance Holding Firm Gojo Raises $22M
The latest investment follows Gojo’s $40 million Series C round announced in October 2019. The company expects to announce the final close of its Series D round by July.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- microfinance
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Protecting Microfinance Institutions and Clients in COVID-19 Crisis
Cordaid Investment Management and a group of other microfinance lenders and key players in inclusive finance worked on a set of principles to better support the microfinance sector in the health and economic crisis caused by the Covid-19.
- Categories
- Coronavirus, Finance
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Bandhan Bank Shares Have Gained 54% Since Lockdown Started — But the Numbers Will Reveal the Real Damage to Rural India From COVID-19
As one of India's largest microfinance institutions, its balance sheet will reflect the true state of affairs in rural areas.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Study Examines India’s Policies for Financial Inclusion of the Unbanked
With about 190 million unbanked adults, India is second only to China among developing countries in the number of residents who don't have bank accounts or participate in the formal financial sector, according to World Bank.
- Categories
- Finance
- Region
- South Asia