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Press Release: Mastercard Partners With Tonik; Neobank to Accelerate Financial Inclusion for Filipinos
Mastercard announced today a new partnership agreement with Singapore-based tonik, a two-year-old startup which recently received a bank license in the Philippines. Mastercard will enable tonik to issue a range of electronic payments products that tap into Mastercard’s global network and extensive business intelligence when tonik launches operationally in the Philippines, later this year.
- Categories
- Finance
- Region
- South Asia
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JUMO Is Offering Social Impact Financial Products to the Unbanked
JUMO has operations in over 10 countries including South Africa, Uganda, Ghana, Kenya, Pakistan, Tanzania and Zambia with plans to open shop in Benin, Ivory Coast and Nigeria by 2021 (PHOTO/Courtesy)
- Categories
- Finance
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Viewpoint: Data Is a Powerful Tool for Accelerating Financial Inclusion Among Women
It’s clear that female borrowers can be powerful contributors to a bank’s growth and performance. So why is the gender-financing gap so large?
- Categories
- Finance
- Region
- North Africa & Near East
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Farmers in Zimbabwe Bemoan Mobile Money Ban
Cotton growers have criticised the government for its abrupt ban on bulk mobile money transfers, saying this will derail their operations as payments are now taking longer at a time the rate of inflation is galloping.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- public policy
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WhatsApp Partners with Youth NGO for Digital Business Training
To empower youngsters in digitizing their businesses, instant messaging platform WhatsApp has partnered with PJI to give six-month training on using digital business platforms to more than 1,000 students in 12 cities across Indonesia.
- Categories
- Coronavirus
- Region
- Asia Pacific
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Africa’s Tourism Sector Loses $55 Billion to COVID-19 Pandemic
The African Union has hinted that tourism destinations in Africa have collectively lost $55 billion in travel and tourism revenue.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- tourism
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Press Release: Kiva Receives USAID Design Funding to Structure Innovative $100M Fund to Support 1 Million Women Globally
Financial inclusion non-profit Kiva is announcing a partnership under the White House-led Women’s Global Development and Prosperity (W-GDP) Initiative with USAID to advance women’s economic empowerment by increasing access to financing for women entrepreneurs and business owners
- Categories
- Investing
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