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Ugandan Ecommerce Platforms Power Recovery From COVID-19 Crisis
David Akanshumbusha sells groceries at a stall in Nakawa market on the outskirts of the Ugandan capital, Kampala.
- Categories
- Coronavirus, Technology
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Mastercard Accelerate Ignites Next Generation of Fintech Disruptors and Partners To Build the Future of Commerce
11 companies join the Start Path startup engagement program; nearly 50 new deals signed to Engage network to help customers make growth ambitions a reality.
- Categories
- Finance, Impact Assessment, Investing, Technology
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Standard Chartered & Airtel Africa Partner to Drive Financial Inclusion Across Africa
Standard Chartered Bank has announced that the bank has entered into a strategic collaboration with Airtel Africa to drive financial inclusion across key markets in Africa by providing customers with increased access to mobile financial services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Viewpoint: How Mobile Wallets Fend Off Economic Shocks
Households as well as companies can mitigate economic risks better by adopting mobile-based transactions, a new study finds.
- Categories
- Finance, Technology
- Region
- South Asia
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Press Release: Asian Fintech Firm TrueMoney Partners With Thunes, a Global Cross-Border Payment Network, to Expand Its Global Remittance Services
The partnership will transform the way people pay, send, and receive money in SEA, enabling TrueMoney's 58 million users to receive remittances across 100 countries.
- Categories
- Finance, Technology
- Region
- South Asia
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Analysis: Why Cash Transfers Are an Efficient Method of Reducing Food Insecurity
With high levels of mobile phone and internet penetration, coupled with advanced digital technologies in the financial sector, Kenya has favourable conditions for cash transfers to the most vulnerable populations. However, corruption and lack of reliable data on beneficiaries can derail efforts to make all Kenyans food secure during and after the COVID-19 pandemic.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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U.S.-Based Fintech Venio Launches Developing World-Focused Smartphone App to Make Nano Loans
The app is the first-ever smartphone-based nano lending service for developing countries, Venio said in a statement.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Could Digital Currencies Make Being Poor Less Costly?
Blockchain-based payment systems can bring the more than 1.7 billion people who are unbanked or underbanked (including 25% of U.S. households), into the formal economy. And in doing so, they can render obsolete the expensive, usurious payment and informal financial services those people use to make ends meet.
- Categories
- Finance, Technology