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Global fintech investors team up to promote responsible digital finance
While the opportunities have increased, so too have the risks surrounding digital financial services for investors, investees, customers and wider digital ecosystems across markets and regions.
- Categories
- Inclusive Fintech
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Standard Chartered Partners To Launch Mobile Wallet In Uganda
The partnership with MTN will expand the service in Africa, making it the sixth country in Africa where Straight2Bank is available.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Why Africa May – or May Not – Be the Next Major E-Commerce Market
Research firm Statista estimates that the ecommerce sector in Africa generated $16.5 billion in revenue in 2017 and forecasts revenue of $29 billion by 2022.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Phone becomes a throw-in for mobile wallet app in South Africa
MyBucks, a company headquartered in Luxembourg that publicly trades in Frankfurt, was founded in 2011 to make microloans to small businesses.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Is Financial Inclusion Stalling? The 2017 Findex Results Raise Several Red Flags
The Global Financial Inclusion Database (Findex) - one of the most authoritative yardsticks on the state of financial inclusion - finds that 69 percent of the world’s adults now have bank or mobile money accounts. But while that's an exciting headline, it's also misleading, as millions of those newly opened accounts are lying dormant. And that's just one reason why industry stakeholders have found the latest Findex data underwhelming. Elisabeth Rhyne and Sonja Kelly at the Center for Financial Inclusion at Accion unpack some of the troubling stats – and highlight a few bright spots.
- Categories
- Inclusive Fintech
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Almost half of the world’s population still doesn’t use a bank account
The World Bank recently released data on the state of global financial inclusion, and the results are eye-opening.
- Categories
- Inclusive Fintech
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MTN Uganda Under Fire Over Mobile Money Transaction Reversal
The leaders of the campaign say they are entering a new phase after an elapsed deadline for MTN Uganda to commit to an open, transparent and constructive dialogue on how to put in place measures on mobile money reversals.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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MTN Ghana makes history with first mobile money-based IPO
The IPO is the largest ever undertaken by the country and if successful could set the stage for other companies to test the market.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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