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Crypto Titans Announcing Libra Clone Targeting 5.6 Billion for Financial Inclusion
Coinbase Ventures, Bitcoin.com, Andreessen Horowitz and Polychain are among the leading technology providers, nonprofits, mobile wallets, payment processors and global investment firms supporting the new ecosystem that plans to offer mobile-friendly financial tools built on top of Celo’s open blockchain platform.
- Categories
- Finance, Technology
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Facebook Backs Indian Education Startup Unacademy
Unacademy, one of India’s fastest growing education startups, has just received the backing of a major technology giant: Facebook.
- Categories
- Education, Technology
- Region
- South Asia
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Abu Dhabi’s Khalifa Fund, Facebook to Train Female Entrepreneurs in the UAE
A thousand female entrepreneurs will be trained under this initiative.
- Categories
- Entrepreneurship
- Region
- North Africa & Near East
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Facebook Libra’s Promise of Financial Inclusion ‘Doesn’t Sound Right,’ Says Mastercard CEO
The CEO of Mastercard has revealed why the company pulled out of Facebook’s Libra cryptocurrency project, saying he “doesn’t understand how it works”.
- Categories
- Finance, Technology
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Vodafone Is the Eighth Company to Quit Facebook’s Digital Currency Project
British telecommunications firm Vodafone has pulled out of the Libra Association, raising further doubt that the digital currency will get off the ground this year as planned.
- Categories
- Finance
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Facebook’s Foray Into Financial Services Is Struggling to Gain Momentum – Here’s Why
Facebook CEO Mark Zuckerberg has announced the company will launch a digital currency later this year, but already the plan is fraught with issues.
- Categories
- Finance
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Sustainable Investing’s Solid 2019 is Due to Strong Performance in Tech Stocks
Big banks and financial firms have been adding so-called responsible investing products while at the same time there’s debate whether investors should seek profits, a greater good, or a combination of both.
- Categories
- Investing, Technology
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Q&A: PayPal CEO Dan Schulman Reveals Why He Withdrew From Facebook’s Libra Project
In October, PayPal became the first company to walk away from The Libra Association without citing a specific reason, only that it decided “to forgo further participation in the Libra Association at this time and to continue to focus on advancing our existing mission and business priorities as we strive to democratize access to financial services for underserved populations.”
- Categories
- Finance
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