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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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Antimicrobial Resistance Is Being Called A Sustainable Development Issue
As the report notes, “Clean water in hospitals has a huge impact on reducing infections and the spread of antibiotic resistance.” Yet one-third of hospitals in developing countries lack running water. Thus there’s a clear case for investing in the basics.
- Categories
- Health Care
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How Effective Is India’s Government, Compared with Those in Other Emerging Markets?
The number one issue for Indian voters, according to multiple surveys, is jobs. While India has a long way to go in building the requisite levels of job-ready skills and education in the country’s abundant labor pool, it performs the strongest among the EM5 in Talent Development as well as on other key questions we sought answers to as part of our analysis.
- Region
- South Asia
- Tags
- governance
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Fintech Can Cut Costs of Remittances to Latin America
Our chart of the week shows Latin America’s share of remittances transmitted with mobile money along with its overall share of remittances on a global scale. As the chart shows, Latin America’s use of mobile money both to send and receive remittances is relatively low—despite the region’s high share in total world remittances, which was about $80.5 billion in 2017.
- Categories
- Finance
- Region
- Latin America
- Tags
- fintech, remittances
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Why Foreign Aid Is Getting Better at Saving Lives
Billionaire do-gooders get a lot of flak. In his new book, Raj Kumar argues that they’ve helped change global health work for the better.
- Categories
- Health Care
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More Advisors Bringing Up ESG Investing With Clients
Financial advisors are being put under pressure to learn more about responsible investing, and many are stepping up to the challenge, according to Nuveen, the investment management arm of TIAA.
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How to Rev Up Unilever
Most consumer-goods behemoths are in the midst of soul-searching. For much of the post-war era, the mass marketing of strong brands to ever-wealthier Westerners was the epitome of a stable business. According to McKinsey, a consultancy, for 45 years to 2010 few industries could top the returns to shareholders of the slow-moving business of selling fast-moving consumer products.
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Thunes Raises $10m to Make Financial Services More Accessible in Emerging Markets
The company was founded in February of this year when TransferTo, a company that provided services like mobile top-up cross-border split itself in two. Thunes is the b2b play that uses TransferTo’s underlying technology, while DT One was spun out to cover the consumer business of top-up and mobile rewards.
- Categories
- Finance
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