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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
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Press release: OPIC Supports Two Projects to Expand Access to Safe Drinking Water
“Thanks to OPIC’s landmark investment in WaterEquity’s $50 million flagship fund, 4.6 people across India, Indonesia, Cambodia, and the Philippines will secure access to safe water or sanitation,” said Alix Lebec, Executive Vice President of Investor Relations, WaterEquity.
- Source
- Press release
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Viewpoint: How 3-D Printing Can Jumpstart Developing Economies
3D printing has one more advantage in developing countries. Because additive production is entirely digitized, it’s easier for entrepreneurs to monitor and optimize the various steps in the manufacturing process.
- Categories
- Technology
- Tags
- manufacturing
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Western Union, Thunes Tie Up to Boost Digital Money Transfer
With this deal, senders can now make the most of Western Union's emerging digital network. Alternatively, they can use an agent location to transfer funds straightaway to a recipient's mobile wallet.
- Categories
- Finance, Technology
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Report shows that the growing number of transactions from mobile money operations is a threat to the future of banks in Ghana
The growing trend of mobile money transactions in Ghana has been identified as a threat to the future of banks in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Press release: CNote Launches Wisdom Fund to Close Lending Gap for Women
New impact investment vehicle provides funding to underserved women of color and low-income women entrepreneurs across the U.S.
- Categories
- Investing
- Region
- North America
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Press releae: PEG Africa raises $25M to accelerate off-grid solar expansion in West Africa
PEG Africa, a West Africa based pay-as-you-go (PAYG) solar company, has raised a US$25 million Series C funding round, taking its funding total to US$50 million, and allowing it to cement its position as market leader in the region.
- Source
- Press release
- Region
- Sub-Saharan Africa
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Viewpoint: Chase’s Checkless Account Won’t Make A Dent In The Unbanked Ranks
Economists at the Kansas City Federal Reserve looked into the factors associated with unbankedness. Not surprisingly, low income was a major determinant of not having a bank account. But the authors found that "a variety of other characteristics play a role in determining these households’ banking status."
- Categories
- Finance
- Region
- North America
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