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Pomelo Exits Stealth Mode With $20 Million Seed to Rethink International Money Transfer
Pomelo wants to make it easier to send remittance payments and conduct international money transfers, with a credit twist.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Ten Lessons From the Largest Scale Up of Cash Transfers in History
A new paper combines analysis of large datasets with a review of about 300 pandemic papers, evaluations, and practical experiences while focusing on a particular form of social protection – cash transfers.
- Categories
- Technology
- Region
- Global
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Crypto: What Can It Do for Those in Poverty?
From using crypto for fundraising for charity to providing food vouchers to refugees, the social sector seems increasingly open and ready to tap into this new form of digital cash.
- Categories
- Finance, Technology
- Region
- Global
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International Finance Corporation , Absa Partner To Boost Trade Finance in Sub-Saharan Africa
The International Finance Corporation (IFC) has welcomed South African financial services provider Absa Bank to its Global Trade Liquidity Program (GTLP) to boost access to trade finance in sub-Saharan Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Africa: COVID-19 Aid Falling Short
The Covid-19 pandemic has highlighted the need for African governments to strengthen social protection systems and fulfill people’s rights to social security and an adequate standard of living.
- Categories
- Coronavirus, Impact Assessment
- Region
- Sub-Saharan Africa
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Backed by Greycroft, Klasha Gets $2.4 Million To Improve Cross-border Commerce in Africa
Klasha, a Lagos and San Francisco-based startup, sees a niche in cross-border commerce and provides multiple integrations and APIs to facilitate transactions in that space.
- Categories
- Entrepreneurship, Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Zimbabwe Cracks Down on Currency Dealers on Social Media and Mobile Money Platforms
With the government cracking down on mobile money, the country’s financial woes may just worsen.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Verto Picks up $10 Million for Cross-Border Payments Play in Emerging Markets
Verto, a global B2B payments platform allows small and medium-sized enterprises to make payments to their suppliers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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