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South African Insurtech Startup Nobuntu Raises Funding From Crossfin
South African fintech startup Nobuntu, which builds innovative insurance products for lower-income segments, has raised an undisclosed amount of funding from fintech holding company Crossfin to help it scale.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, startups, venture capital
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Viewpoint: The Ups and Downs of India’s Digital Transformation
In an analysis we wrote in November 2017, we argued that demonetization was only part of India’s larger, strategic digital transformation. Since then, the institutional and economic evolution in India has accelerated in many ways and some of that change has been reactive and corrective.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- digital payments
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Japan’s SoftBank Taps Into Mexican Fintech Startup Clip: Sources
Japan’s SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said three people familiar with the matter.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- digital payments, fintech, startups
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Smart Tech: The New Tool for African Farmers
Farmers, crop buyers and other sector professionals have started to harness smart gadgets and crunch numbers to improve productivity, reduce costs and smooth out wrinkles in the markets, they say.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Hits and Misses at Safaricom Amid Swelling Billions in Profit
During the announcement of full year results on Friday, Safaricom Chief Executive Bob Collymore told investors the company was reviewing some of its products and services that failed to gain expected traction among consumers.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Credly Raises $11.1 Million to Issue and Manage Digital Badges
“Credly is working with some of the world’s most recognizable and trusted organizations to build a skills-based currency for the future of work,” said CEO Jonathan Finkelstein.
- Categories
- Technology
- Tags
- venture capital
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Tech’s Raid on the Banks
The implications are profound because banks are not ordinary firms. It is one thing for Blockbuster Video to be wiped out by a technological shift, but quite another if the victim is Bank of America.
- Categories
- Finance, Technology
- Tags
- fintech
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Mark Zuckerberg Wants to Build WeChat for the West
It will revolve around turning the social network’s messaging services into something akin to a Chinese mega-app
- Categories
- Technology
- Region
- North America