-
aYo Launches Affordable Microinsurance in Cameroon
African insurtech aYo Holdings has launched its operations in Cameroon with innovative insurance products that offer local consumers affordable accident and death cover.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance
-
Kenyan Fintech Power Lands $3 Million Seed Funding
Power allows workers to take control of their financial health by making a holistic set of financial services available to employees.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial health, fintech
-
Press Release: 2022 Financial Health Pulse: Financial Health Drops in U.S. for First Time in Five Years of Measurement
New data shows erosion of financial health gains from pandemic, led by significant declines in middle- and upper-income earners, black people and women.
- Categories
- Finance, Impact Assessment
- Region
- North America
-
FirstBank Secures $150 Million Afreximbank Pandemic Trade Impact Mitigation Facility (PATIMFA) To Support Businesses In Nigeria
Afreximbank’s financial support will be accessible to FirstBank customers involved in manufacturing and importing healthcare-related products.
- Categories
- Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa
-
Press Release: 2022 FinHealth Spend Report Marks First-Ever Decline in Ten Year History of Tracking Fees and Interest Paid for Everyday Financial Services
Reduction attributed to student loan debt moratorium, pandemic-related decline in credit card debt, and government stimulus funds allowing many to avoid high-cost lending; but underserved populations still pay a greater proportion of fees and a number of factors indicate a likely rise in the year ahead.
- Categories
- Finance
- Region
- Global
-
Press Release: DFC Seeks to Increase Climate Finance Partnerships on Earth Day
On Earth Day, U.S. International Development Finance Corporation (DFC) hosted “Investing in a Sustainable Future – Climate Finance in Emerging Markets."
- Categories
- Environment, Finance
- Region
- Global
-
Supporting Financial Health Startups: Four Lessons for Impact Investors, Foundations and Governments
Over the past few years, Village Capital has run Finance Forward, a global coalition to support early-stage entrepreneurs building tech-enabled solutions around financial health. Village Capital CEO Allie Burns shares highlights from a new report that analyzed data from the 1,000+ companies that applied to the program around the world. The report paints a picture of the global state of financial health startups, and offers lessons for impact investors, foundations and government leaders who hope to grow the ecosystem for financial health innovation.
- Categories
- Finance, Impact Assessment, Investing, Technology
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.