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Indonesia Has Shut Down 826 Fintech Startups This Year Alone
Indonesia, home to more than 260 million, has emerged as a prized market for fintech startups as about 90% of its population don’t carry credit cards and majority has no access to formal banking services.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- fintech, regulations, startups
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Report: Cambodia’s ‘Reckless’ Microfinance Industry Puts Economy at Risk
The groups' study, "Collateral Damage," questions whether the industry's reported nonperforming loan rate of 1.8% is kept low by such "human rights abuses" while highlighting the multimillion dollar returns made by microcredit institutions and their shareholders.
- Categories
- Finance
- Region
- Asia Pacific
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‘Small Is Beautiful’ Can Work in Developing Africa
Solar and mobile technology offer ways to work around the continent’s shaky infrastructure.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- infrastructure
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NilePay Mobile Money Launches in South Sudan to Widen Financial Inclusion
“NilePay Mobile Service’s partnership with Zain South Sudan is part of the company’s long-term strategy to enable eCommerce and digitize financial services across the country,” said Darius Mobe, Director, NilePay Mobile Money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Viewpoint: ESG Investing Isn’t The Only Way To Make An Impact
In many cases, we are seeing direct environmental benefits too, thanks to VC’s support for increased automation and the sharing economy.
- Categories
- Environment, Investing
- Tags
- ESG, impact investing
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South Africa Fintech Startup Jumo Appoints Africa and India CEOs
The startup said in a statement today that the appointments come as part of a new organisational structure to support JUMO’s expansion into new markets in Africa and Asia.
- Categories
- Finance
- Tags
- digital finance, fintech, startups
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Smart Gas Cooking Seeks to Break African Cities’ Dirty Charcoal Habit
So far, efforts to introduce cleaner stoves that burn less fuel have been led mainly by aid agencies working in rural parts of Africa and Asia - and have had limited success. But a new push by businesses targeting urban areas aims to shift the dial.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Mercy Corps, MTN Liberia Launch Mobile Payment for PayGo Solar Systems
PayGo enables households to buy quality solar systems and pay in installments instead of outright upfront payment. So far, partner private sector distributors have installed over 1,100 pay as you go systems, improving the lives of rural dwellers, particularly those with children of school-going age.
- Region
- Sub-Saharan Africa
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