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Tech Giants Fight for Slice of Mobile Money Billions
The recent news that Google is partnering with Citigroup and the Stanford University Credit Union to launch Cache, a mobile payments service could be a game-changer for the financial technology sector.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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Interswitch Partners with Visa to Promote Financial Inclusion Across Africa
“Sub-Saharan Africa is the fastest-growing payments market in the world, with growth driven by a young and dynamic population, rapidly evolving consumer behaviour, and an increasing desire for payment solutions that can be accepted across the continent and abroad.”
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Will Artificial Intelligence Become The Future Of Fintech In India?
About 32% of financial service providers are already using AI technologies like predictive analytics, voice recognition among others, according to joint research conducted by the National Business Research Institute and Narrative Science.
- Categories
- Technology
- Region
- South Asia
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UAE-Based NextGenI Closes an Acquihire deal with Pakistani Startup Roshni Rides
The trend of acqui-hiring talent for startups is relatively new especially in Pakistan where one company ‘Aqui-hires’ the talent from another company to build an in-house team, mainly to scale the product faster than they would otherwise by painstakingly hiring each individual team member.
- Categories
- Technology
- Region
- South Asia
- Tags
- startups
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PalmPay launches in Nigeria on $40M round led by China’s Transsion
Africa-focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed round led by Chinese mobile-phone maker Transsion. The investment came via Transsion’s Tecno subsidiary, with participation from China’s NetEase and wireless comms hardware firm Mediatek — a Transsion spokesperson confirmed to TechCrunch.
- Categories
- Technology
- Tags
- fintech
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Kenya passes data protection law crucial for tech investments
Kenyan President Uhuru Kenyatta on Friday approved a data protection law which complies with European Union legal standards as it looks to bolster investment in its information technology sector.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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The Doctor Will Skype You Now: Virtual Checkups Reach Bangladesh’s Isolated Islands
Now, a new virtual medical service called Teledaktar (TD) is trying to make health care more easily accessible. Every week, TD's medical operators travel to the chars by boat, carrying a laptop, a portable printer for prescriptions and tools to run basic medical screenings such as blood pressure, blood sugar, body temperature and weight.
- Categories
- Health Care, Technology
- Region
- South Asia
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How Do You Fight Malaria In Tanzania? With Drones!
When the specially-designed DJI Agras MG1-S drone rose over a rice field in Cheju, Tanzania and started to deploy its payload, it was the culmination of years of effort towards one goal: fighting malaria. Every year in the eastern African country of Tanzania, malaria infects more than 10 million people killing 80,000 – and until now eradication efforts have been largely focused on costly and time-consuming manual spraying.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa