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Mobile Wallets in India to Start Offering Small Amounts on Short-Term Credit
Your mobile wallet, which has been serving your need for instant cash in an electronic form for sundry transactions, will also empower you further with companies in the business planning to add an instant loan facility to their offerings.
- Categories
- Technology
- Region
- South Asia
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Cuba to Cooperate with China on Biotechnology, Pharmaceuticals
Cuba is set to enhance strategic cooperation with China in the biotechnology and pharmaceutical industries.
- Categories
- Health Care, Technology
- Region
- Latin America
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Want to Serve the World’s Poorest Citizens? Take Your Company Public in India
For the last 15 years or so, there has been lots of hype about “business models” that will alleviate global poverty while turning a profit. It was a premise derived from the success of the microfinance industry in providing credit to some of the poorest people in the world, who, contrary to conventional wisdom, had a higher repayment rate than the typical borrower. As the late Dr. CK Prahalad hypothesized in his landmark book, “The Fortune at the Bottom of the Pyramid”, there are several strategies that organizations fighting global poverty need to master – and that those capabilities are in abundance in the private sector. They are better at marketing. They are better at R&D and understanding price points. And they are good at partnerships when it serves their purposes. The public and non-profit sectors, alternatively, are generally not very good at any of these things.
- Categories
- Uncategorized
- Region
- South Asia
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Faso Soap: A Weapon Against Malaria?
A soap created by two students in Burkina Faso holds promise as an affordable way to fight the devastating disease.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- crowdfunding
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The Missing Piece That Could Hold Back Equity Crowdfunding
Equity crowdfunding promises to be a major new source of funding for small businesses. But some critics say it lacks a crucial element: a secondary market for most participating investors.
- Categories
- Investing
- Tags
- crowdfunding
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From Remittance to Startups, How Bitcoin Is Used in Africa
With the high mobile phone penetration already in place, Africa is set to enable more users to download a Bitcoin wallet on their devices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances
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Mexico Prepares Regulations for Debt & Equity Crowdfunding
This past week the Comisión Nacional Bancaria y de Valores (CNBV) published their 7th National Financial Inclusion Report (Reporte Nacional de Inclusión Financiera). The document (embedded below) spent a good amount of time defining and addressing the various forms of investment crowdfunding. The document was published in advance of expectations that Mexico will soon enact an updated securities regulatory regime to embrace internet finance.
- Categories
- Investing
- Region
- Latin America
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Half of Mobile Money Accounts Inactive in Bangladesh
More than half of mobile money accounts have gone inactive, with the number rising every month, according to data from Bangladesh Bank.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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