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Money20/20 Launches Rise Up Program to Foster Gender Inclusivity Within the Financial Services & Fintech Industries
Money20/20 also revealed that Rise Up was created in partnership with Wnet (Women’s Network in Electronic Transactions), the premier professional organization for women in payments.
- Categories
- Finance
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90% of our money transfers to Rwanda via mobile phones – World Remit
“Transfers to mobile money accounts make up 90 per cent of WorldRemit’s transactions to Rwanda, and is growing rapidly,” a statement from Worldremit reads in part.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Why Fintech May Be the Future of Ridehailing for Grab, Uber
Grab, a Singapore-based company whose app allows customers to order taxis, cars, and even motor bikes on-demand, has recently expanded into mobile payments. GrabPay—once just a way for passengers to pay their driver digitally with their phones—debuted in November to other merchants and small businesses that can now use the product to accept mobile payments.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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Exclusive: Kenya’s Safaricom taking M-Pesa to Ethiopia, sources say
M-Pesa could transform Ethiopia’s economy, as it has done in Kenya, by allowing people to sidestep a decrepit and inefficient banking system and send each other money and make payments at the touch of a button.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uganda drops some mobile money taxes
Uganda's Cabinet, despite having been previously divided on the charges, on Monday agreed to remove some of the fees and revised the 1 per cent tax on withdrawals to 0.5 per cent.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Alibaba’s Ant Financial Just Launched a Blockchain-based Remittance Service
Ant Financial, Alibaba’s $150 billion financial affiliate, launched a blockchain-based service that lets Hong Kong’s large Filipino working population send funds to family back home quickly and securely.
- Categories
- Finance
- Region
- Asia Pacific
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Ant Financial sees huge growth for cashless payments in South America, Africa
Over the past three years Ant Financial, the fintech affiliate of Alibaba Group Holding has done nine partnerships. Within Asia, Ant Financial has forged partnerships with local companies in South Korea, Pakistan, Bangladesh and Hong Kong, Man said, adding that the company will continue to expand its footprint in the region.
- Categories
- Finance
- Tags
- digital payments, fintech
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Ugandan Government Reviewing Controversial Mobile Money Tax, says PM Rugunda
"Government is now reviewing the taxes taking into consideration the concerns of the public" and an amended bill will be debated on July 19, said Rugunda.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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