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Tiger Global-Backed Minka Is the Latest Latin American Fintech to Set up Shop in Africa
Minka’s arrival in East Africa follows a trend of Latin American fintech companies expanding into Africa.
- Categories
- Finance, Technology
- Region
- Global
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Flutterwave Lays off 3% of Its Workforce as It Doubles Down on Enterprise and Remittance
That change of focus led to the shutdown of Barter in March.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Rethinking Credit Scoring: A Pay-As-You-Go Pioneer Explores Innovative Solutions in Africa
The ability to make life-changing purchases — from buying a home to setting up a business — usually relies upon acquiring credit. But as Mansoor Hamayun at Bboxx explains, in many emerging markets, it’s incredibly difficult for the average citizen to obtain a credit score. He explores the obstacles to credit scoring in Africa, and discusses how Pay-As-You-Go financing of solar products — combined with innovative approaches to consumer subsidies — can be leveraged to boost access to credit scores and essential financial services in underserved communities.
- Categories
- Finance
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TymeBank Chases $150 Million Funding in Unicorn Run Up
Funds from the raise will fuel expansion into new markets, particularly Indonesia, by year-end, following entries into Vietnam and the Philippines.
- Categories
- Finance, Technology
- Region
- Global
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African Tech Titans vs. Red Tape: How Striking the Right Regulatory Balance Can Advance the Continent’s Economic Future
Africa has emerged as a pivotal player in the global tech marketplace, with a digital economy that’s projected to grow to $712 billion by 2050. Yet according to Seyi Ebenezer at Payaza Africa Ltd., this potential is threatened by regulatory frameworks that struggle to keep pace with the rapid evolution of technology. He explores how overly stringent regulation is impeding business and economic growth in the region, and how regulators can foster innovation while protecting consumers and other stakeholders.
- Categories
- Finance, Technology
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Kanoo Highlights ‘Astronomical’ Local Growth Potential as Presence Expands Across West Africa and the Caribbean
Rees explains that Kanoo is looking for a partner for the continent of Africa for the Kanoo super app.
- Region
- Sub-Saharan Africa
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NPCI International Payments and Central Reserve Bank of Peru to Enable UPI-like Real-Time Transactions
UPI‘s collaborative and open banking ethos “enables greater connectivity and interoperability with both domestic and international payment networks.
- Categories
- Finance, Technology
- Region
- Latin America
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Rwanda Mulls a Digital Currency in Two Years – Central Bank
The national digital currency, according to the National Bank of Rwanda (BNR), would offer Rwandans a safe, free, and easy alternative to physical cash.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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