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Will Crowdfunding Become a Big Deal in India?
Crowdfunding — the practice of raising small amounts of capital from a large number of people to fund new ventures — is finally gaining traction in India. The question is: Will it deliver like it has in other markets?
- Categories
- Finance
- Region
- South Asia
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Africa a guinea pig for the feasibility of digital payment systems
The term “leapfrog” is popular among Africa tech analysts, who point to how the continent embraced mobile phones at a time when few African countries had a properly developed fixed-line network.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Chilean startup ComparaOnline raises $14 million for its financial education tools for Latin America
The company, now backed by private equity firm Bamboo Capital Partners and the International Finance Corp., the investment arm of the World Bank Group, pitches financial educational tools to consumers in Brazil, Chile, and Colombia.
- Region
- Latin America
- Tags
- fintech, venture capital
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Google goes big in Asia with mobile payment app for hundreds of millions of people
"Tez" which means fast in Hindi, lets users link up their bank accounts to their phones, allowing them to use the app to pay merchants in stores, and instantly transfer money to friends.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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How Blockchain Could Transform The Way International Aid Is Distributed
A new digital-payment platform from the United Nations’ World Food Programme is bringing efficiency and stability to refugee camps.
- Categories
- Agriculture, Finance
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Is India’s Demonetization a Failure?
Data released by the Reserve Bank of India indicates that demonetization has failed to flush out black money.
- Categories
- Finance
- Region
- South Asia
- Tags
- failure
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Application period for the European Microfinance Award 2017 on Microfinance for Housing now open
The European Microfinance Award is a prestigious €100,000 award which attracts applications from financial institutions around the world that are innovating in a particular area of financial inclusion. Presented annually, it serves two parallel goals: rewarding excellence, and collecting and disseminating the most relevant practices for replication by others.
- Categories
- Finance
- Region
- Europe & Eurasia
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IFC to Invest Up to $38M in Three Affordable Housing Finance Firms
International Finance Corporation (IFC) will invest up to $38 million in three housing finance companies in India, as the World Bank’s private-sector lending arm seeks to expand its presence in a segment that offers loans for low-cost houses.
- Categories
- Finance
- Region
- South Asia
- Tags
- housing, microfinance