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Youverify Secures $1 Million Seed Extension Round, Targets 30 African Countries
Youverify plans to enhance its services and expand its footprint across 30 countries, majorly in the southern, eastern and francophone parts of Africa
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Pakistan’s Digital ID Card Keeps Millions Locked Out
From migrants to trans people, many adults still don’t have the NADRA agency's CNIC card, excluding them from jobs and vital public services.
- Categories
- Technology
- Region
- North Africa & Near East
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Black-Owned Startups Face Funding Gap in South Africa, Report Says
The report looked at the extent to which “historically disadvantaged persons” (HDPs) were excluded within parts of the digital ecosystem.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Indonesia’s Pintarnya Raises $8 Million Seed Fund From East Ventures and VVSEAI
Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, announced a new funding round.
- Categories
- Technology
- Region
- South Asia
- Tags
- data, digital inclusion
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How Wave Rose to Become Francophone Africa’s First Unicorn
The digital financial company erased the old ways of sending and receiving money and came up with an easier and cheaper method.
- Categories
- Finance, Telecommunications
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Mastercard Partners With Crypto Gateway Provider Fasset To Expand Into Indonesia
Financial services firm Mastercard has teamed up with cryptocurrency gateway provider Fasset to co-develop digital solutions in an effort to drive adoption in Indonesia.
- Categories
- Finance, Technology
- Region
- South Asia
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Bringing the Digital Media Revolution to Africa: How Innovative Local Publications are Positioning Themselves for Rapid Growth
In Africa, legacy media outlets – both foreign and domestic – are often criticized for being politically biased and racially tone-deaf, while overlooking topics of critical importance to the public. But according to Tomiwa Aladekomo at Big Cabal Media, a new generation of digital publications are highlighting the issues and perspectives that legacy publishers have avoided. He explores how these innovators are navigating the inherent difficulties facing the media industry in Africa, while linking the journalistic strengths of traditional media to the youthful energy and global reach of social media.
- Categories
- Technology, Telecommunications
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The Leapfrog Opportunity in ‘Know Your Customer’ Innovation: Why Africa Needs Local, Digitized KYC Solutions
Know Your Customer (KYC) is a critical process for banks, as it enables them to validate their customers’ identities to fulfill regulatory requirements and protect against fraud. But as Timbo Drayson at OkHi explains, KYC is a big and expensive problem in Africa: For instance, in Nigeria some banks are spending up to $1 million per year to manually verify identities, and 15-30% of customers never complete these processes. He explores three key challenges to KYC in Africa, and presents some tech-driven solutions that could allow the continent to leapfrog to a new global best practice for KYC.
- Categories
- Finance, Technology
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