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Local Context Matters: Why Localization is Key to Accelerating Financial Inclusion in Africa
Mobile technology has proven to be an effective tool for broadening financial inclusion in Africa. But as Kenny Orisanaiye at HollaTags Limited points out, the continent’s cultural diversity complicates these efforts, as Africa has several thousand ethnic groups and over 2,000 distinct languages. He explores how financial service providers can design innovative solutions to this challenge by embracing localization and adapting their products and user engagement content to serve the specific cultural requirements of the African market.
- Categories
- Finance, Technology
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Digital Finance for Climate Resilience: An Urgent Opportunity for Startups and Stakeholders in Emerging Markets
The consequences of climate change are no longer hypothetical scenarios or predictions – they are a global reality, and they’re getting worse, especially for the poor and vulnerable. But according to Malika Anand at BFA Global's Catalyst Fund, this crisis presents an opportunity for digital finance to power greater climate resilience. She explores several types of climate resilience solutions, and shares a framework to help both digital finance and climate stakeholders begin allocating more resources toward these solutions in emerging markets.
- Categories
- Environment, Finance
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African Fintech Startup, Mono Raises $15 Million Series A
Five months after closing $2 million in seed investment, Mono, a robust open banking platform for Africa has raised a $15 million Series A round to power the digital economy in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Investors From Silicon Valley to China Catch the African Fintech Bug
With the banking emphasis now squarely on mobile money and digital transactions, exciting opportunities are attracting investors from across the globe to Africa's fintech space.
- Categories
- 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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Dopay Raises $18 Million Series A Round
Dopay, the innovative B2B2C payments platform serving 1.7bn unbanked workers in emerging markets, has closed a US$ 18 million Series A funding round.
- Categories
- Finance, Technology
- Region
- Global
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COVID Has Spurred a Digital Cash Revolution in Developing Countries
Alongside the setbacks, the past year has also seen low- and middle-income countries safeguard much of the progress they’ve made in various development areas.
- Categories
- Coronavirus, Finance, Technology
- Region
- Global
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Analysis: How the Cloud Is Helping Drive Financial Inclusion in India
By using a secure cloud infrastructure, digital banking providers can look to reduce infrastructure complexity and improve their security posture. In the process, they will be able to free up in-house IT teams to use their talent for higher-value tasks.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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