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He Revolutionized How Millions of People Spend Money in India. His Next Target: America
In India, Paytm is best known as a one-stop shop for digital payments. You can use it to send money to a friend, like Venmo, or to pay for anything from bus tickets to utility bills using your smartphone.
- Categories
- Finance
- Region
- South Asia
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Inclusive Fintech in Practice: Chipper Cash Illustrates Three Keys to Tackling Cross-Border Payments in Africa
Though the mobile money revolution has reshaped East Africa, only around 8% of the region's residents actively send or receive payments across borders. Akansha Kasera at BFA’s Catalyst Fund discusses how Chipper Cash is addressing the need for cross-border transactions through a simple, affordable payments platform. She breaks down what's driving the platform's rapid growth – and what other providers can learn from it.
- Categories
- Uncategorized
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Mastercard and Rabobank Roll out Financial Inclusion Platform for Farmers in Emerging Markets
Many smallholder farmers in these countries have limited access to market information, finance and management skills, leading to insecurity, inefficiencies and unsustainable business practices. Through the platform, farmers can connect with potential buyers, access mobile payment tools, and build a digital transaction record that can be used to access formal credit from a financial institution.
- Categories
- Agriculture, Finance
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Airtel and Mastercard Expand Digital Banking Services Across 14 African Countries
Telecoms and mobile money services provider, Airtel Africa announced that it is partnering with Mastercard to give over 100 million Airtel Africa mobile phone users across 14 African countries access to Mastercard’s global network.
- Categories
- Finance, Telecommunications
- Region
- Latin America
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Africa’s Most-Populous Nation Missed the Mobile Money Revolution
Nigeria is a laggard in a region that accounts for half of the world’s 866 million mobile banking and payment accounts.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Cellulant Wins Global Award; Integrates Into World Economic Forum
The Schwab Foundation award is in recognition of Cellulant’s work in building digital payments and financial services that enable businesses and consumers in critical sectors such as Agriculture, Retail Distribution, Transport, Logistics and E-commerce to access services at the very point where they need them.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Cobro Digital in Mexico: (Not) Everyone is Ready, but Here It Comes
The effort centers on financial inclusion for the country. Just 38% of adults in Mexico have a bank account, according to a 2017 World Bank survey, half the rate of other countries with similar per capita income.
- Categories
- Finance
- Region
- Latin America
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Mastercard Launches Digital Sales Platform For Farmers
“At Mastercard, we envision a world in which economic growth is truly inclusive,” said Arjan Bol, Netherlands country manager for Mastercard. “Mastercard Farmer Network contributes to this by offering a digital platform that makes it safer and simpler for small-holder farmers to grow their business."
- Categories
- Agriculture, Finance
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