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Why fintech in India needs to start counting for the unimaginable 2020
2020 will also be the year of action for SME and MSME banking. Despite playing a pivotal role in the country’s economic growth, the SME market remains relatively underserved with banks.
- Categories
- Finance
- Region
- South Asia
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Chinese retailers warned over mobile money choice
In a post on social media site WeChat, the authority said refusing to accept cash could exclude people unfamiliar with mobile and electronic alternatives, along with those unable to access these services due to living outside major urban areas.
- Region
- Asia Pacific
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Nigeria’s Hello Tractor in AI, blockchain partnership with IBM Research
Nigerian agri-tech startup Hello Tractor has partnered IBM Research to pilot an agriculture digital wallet and decision-making tool that provides demand and supply visibility for farmers, tractor fleet providers and banks.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Kenyan Government Plans Interoperable Mobile Money Wallet Amid M-Pesa Crisis
“It is becoming clearer that interoperability of mobile money will have to be seamless,” said CA Director-General Francis Wangusi in an interview with The Standard.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Vietnam strides towards cashless society with e-wallets boom
Vietnam is on the cusp of a mobile payment revolution, and the key factor to raising adoption is whether the e-wallets could become ubiquitous locally.
- Categories
- Finance
- Region
- Asia Pacific
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The Philippines’ Voyager Innovations raises $175m from KKR and Tencent
In total, the company now has raised $215 million in funding since Voyager Innovations also secured $40 million from International Finance Corporation (IFC) and IFC Emerging Asia Fund last week.
- Categories
- Finance
- Region
- Asia Pacific
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WhatsApp Chief Seeks Reserve Bank of India Approval to Expand Payment Services to All Indian Users
WhatsApp Chief has written to the Reserve Bank of India (RBI), seeking a formal nod to expand payments services to all its 200 million users in India.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Kenya’s M-Pesa mobile money service now works with China’s WeChat Pay
Tens of millions of people using Kenya’s dominant mobile money service M-Pesa will now be able to transfer cash to over a billion active users of China’s digital payment system WeChat Pay.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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