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Race is on for Southeast Asia ‘super app’ amid internet economy growth expectations
Southeast Asia’s internet economy is set to grow but experts say that providers must focus on building trust by showing that mobile technology can help the marginalized.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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Press release: Bain Capital Double Impact Makes Flagship Community Building Investment in Rural Sourcing
Bain Capital Double Impact, the impact investing business of Bain Capital, today announced it has acquired a majority stake in Rural Sourcing, a leading provider of onshore outsourced digital technology and IT services that taps talent located in small and mid-size cities across America.
- Categories
- Investing, Technology
- Tags
- impact investing
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Uber is paying $3.1BN to pick up Middle East rival Careem
It says it will acquire all of Careem’s mobility, delivery, and payments businesses across the greater Middle East region, which it notes ranges from Morocco to Pakistan.
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- transportation
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MTN launches airtime recharge via WhatsApp
MTN South Africa has launched a new service on WhatsApp that allows its customers to check their balances, top up their airtime and buy data bundles without having to leave the Facebook-owned messaging app.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Alibaba, Tencent and other major names form $1.45B ride-hailing venture
The big pile of cash will go towards “car-sharing services powered by renewable energy,” an offering that nicely aligns with Beijing’s push to electrify the transportation sector
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Grab vs. Go-Jek: Inside Asia’s Battle of the ‘Super Apps’
In Southeast Asia, the super-app model is evolving more rapidly than anywhere else in the world.
- Categories
- Technology
- Region
- Asia Pacific
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Mexico central bank says Uber, other firms interested in mobile pay system
When asked if Uber, the San Francisco-based ride-hailing firm, was one of the companies that had expressed interest, Diaz de Leon confirmed it had. But he noted that many prospective users were still trying to get to grips with how they might use CoDi.
- Categories
- Finance, Technology
- Region
- Latin America
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Go-Pay sets out to ‘strengthen’ its digital wallet presence in cash-reliant Indonesia
Fintech — or financial technology, which can be broadly defined as digital innovation in financial services — has been gaining traction in Indonesia, Southeast Asia’s largest economy.
- Categories
- Finance, Technology
- Region
- Asia Pacific