-
MyBucks and Naga Group Team Up to Bring Cryptocurrencies to Emerging Markets
Fintech firms MyBucks and the Naga Group have announced a new partnership to implement Naga’s cryptocurrency wallet within MyBucks’ client interface and existing mobile wallet, enabling some 1.5 million users across Africa, Australia and other countries to manage, send and receive cryptocurrencies.
- Categories
- Finance, Technology
-
A ‘miracle’ in India will disrupt e-wallets and incumbents
As countries around the globe endure fragmented payment markets, where citizens and businesses suffer from cash dependency, poor accessibility, high transaction costs and low interoperability between different payment systems, India’s Unified Payment Interface presents a miracle model that other developing economies can emulate, as they look to move away from cash-centricity and overhaul their own payments infrastructure in pursuit of speed, security, auditability and financial inclusion.
- Categories
- Finance
- Region
- South Asia
-
MTN expands financial services offering with Ecobank deal
MTN is moving further into the financial services space, announcing a partnership with major Pan-African banking group Ecobank.
- Categories
- Finance
-
Bending the Arc of Humanity – Effective Development of Exponential Technologies to Serve Mankind
Exponential technologies such as big data, the internet of things and artificial intelligence can transform lives in poor countries. But Akhtar Badshah – who led Microsoft’s philanthropic efforts for 10 years – highlights some risks alongside that potential. The main question, he says, is how to bridge the gap between those who quickly benefit from these technologies, and those who are left behind.
- Categories
- Social Enterprise, Technology
-
M-Pesa, Paypal deal to jolt Equity’s control
On market trends, the deal is likely to be a blow to Equity Bank which has dominated the Paypal transaction market in the Country since 2013.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
PayPal, Safaricom partnership enables cross-border mobile payments in Kenya
“PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable eCommerce and democratise financial services on the African continent,” says Efi Dahan, General Manager for the Middle East, Africa and Russia, PayPal.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
-
Kenya mobile phone firms to offer cross-network cash transfers
Subscribers of Safaricom, Airtel and Telkom will be able to transfer and receive cash from one mobile network to another, the companies said in a joint statement published in the Business Daily newspaper.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
First Digital-Only Bank in Ivory Coast Launches
Ivory Coast has the fifth highest percentage of adults with mobile money accounts in the world.
- Categories
- Finance
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.