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Ripple scores $28 million funding round
Digital currency outfit Ripple Labs has closed a $28 million Series A funding round that includes IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate Technology.
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More businesses in Kenya adopt cashless payments
More businesses in Kenya are embracing cashless payments as security of the system is enhanced and Kenyans see the benefits of using it.
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- Sub-Saharan Africa
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- digital payments
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Kenya’s million dollar bitcoin startup BitPesa expands to Tanzania
Kenyan bitcoin startup BitPesa is expanding to neighboring Tanzania about a year after it launched its mobile-friendly digital currency exchange.
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- Sub-Saharan Africa
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In Africa, the Future of Insurance Is Micro and Mobile
Telecoms companies are redefining Africa's insurance landscape, using their brand recognition and wide customer reach to offer micro-insurance products to the tens of millions of uninsured Africans.
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- Technology
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- Sub-Saharan Africa
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Ecocash Users in Zimbabwe Can Now Make Mobile Money Transactions in Local Languages
Users of EcoCash, the mobile money offering of Econet Wireless, are now able to transact in local languages after the company announced new enhancements to the platform.
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- Sub-Saharan Africa
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India’s Axis Bank Taps WhatsApp for P2P Mobile Payments
India's Axis Bank has launched a mobile payments service that lets users send money to each other through WhatsApp, Facebook, Twitter, email and phone contact lists.
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- Technology
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- South Asia
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- digital payments
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The Human Touch Behind Digital Success: Microfinance institutions that go mobile need to support the people behind the technology
Technology is the enabler of digital services, but people are still the backbone. This is important for microfinance institutions to remember, since transitioning to mobile services requires considerable changes from staff. In the latest post in their series on how MFIs can go digital, Grameen Foundation explores best practices for making this transition.
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Apple-Alibaba Tie-Up to Bring Apple Pay to China?
Apple is in talks with Alibaba to bring its mobile payments system to China, according to an interview with Chinese news agency Xinhua.
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- South Asia
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- digital payments
