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Experian leads USD 28 mln investment to drive financial inclusion across Southeast Asia
Experian has led a USD 28 million Series C investment in C88 Financial Technologies Group(C88) to drive financial inclusion in Southeast Asia.
- Region
- Asia Pacific
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Three Steps (and One BFF) for a Perfect Bank-Fintech Match
Finding "The One" has never been easy: you have to know what you want, set appropriate filters, determine mutual understanding, and, of course, remember to take things slow. Fintechs and banks may not seem like natural partners, but as of late they're pairing up more than ever. With so many hurdles to cross, it's only natural that they could use a little help – and that's why BFA and MetLife Foundation teamed up to play matchmaker. In this piece, Maelis Carraro, senior associate at BFA, outlines how they brought together two new fintech-bank power couples in Latin America.
- Categories
- Finance
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Press release: IFC, Mastercard Foundation present key tool to expand digital financial inclusion
“Agent banking and mobile money have begun to transform the financial landscape in many African markets, and there is an increasing body of evidence to show that this has real, positive impact on people’s lives and livelihoods,” said Riadh Naouar.
- Categories
- Finance
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Announcing the Latest NextBillion E-book: Insights and Innovations in Financial Health
In response to a growing recognition that financial access alone doesn’t guarantee social impact, many of the sector’s leading voices are shifting their focus to financial health. MetLife Foundation and its partners explored that topic on NextBillion's Financial Health site, through 20 articles that discuss what’s working—and sometimes, what’s not working—in inclusive finance. We’ve compiled these articles into an e-book, which you can download and share here.
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Viewpoint: Will mobile money cannibalise banks? Not really, says GSMA Executive
Mobile money is one of the jewels in the crown for Sub-Saharan Africa and it’s a place where we have excelled, and we are working with the industry and all stakeholders to ensure that we continue to excel in this space.
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- Finance
- Region
- Sub-Saharan Africa
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UN pushes for cross-border mobile money payments
The move is intended to facilitate interconnectivity between registered mobile money account owners within Kenya and across the continent, totaling 277 million according to a 2017 report.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Mobile Phones Driving Zimbabwe’s Financial Inclusion, but Gender Gaps Persist
The Global Financial Index 2017 noted that Zimbabwe has accomplished a considerable achievement in enhancing financial inclusion, but also indicated that the country has a long way to go in order to catch up with nations like Kenya, where account ownership is over 80 percent of the adult population.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Phone scam: How Kenyans are losing money
Mobile phones in Kenya are like bank accounts - some people keep all their savings on their phone - and fraudsters are trying to hack into them to steal the money.
- Categories
- Finance
- Region
- Sub-Saharan Africa