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10 Startups Named Finalists of Ecobank Fintech Challenge
10 startups have been named finalists of the third edition of the Ecobank Fintech Challenge, which gives startups the opportunity to promote their fintech solutions and potentially roll out across the bank’s 33 markets.
- Categories
- Finance, Technology
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A Sector in Ruins or ‘Building Back Better’? Findings From e-MFP’s Covid-19 Financial Inclusion Compass
With the COVID-19 pandemic and the global recession it has triggered, the financial inclusion sector is facing perhaps the greatest crisis in its modern history. In response, the European Microfinance Platform repurposed this year's Financial Inclusion Compass survey for this critical moment. Sam Mendelson discusses the results, and what they say about the sector's priorities, challenges and prospects for recovery.
- Categories
- Coronavirus, Finance, Investing
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Digital Identity and Financial Inclusion: How Digitizing Customer Due Diligence Can Strengthen Providers During COVID-19 and Beyond
Customer due diligence requirements are a major barrier to financial inclusion, since in some countries up to half the adult population can't open a bank account because they lack the necessary identity documents. With COVID-19 placing this obstacle in the spotlight, analysts at Cenfri explore how digital ID systems can benefit providers and customers, during the pandemic and beyond.
- Categories
- Coronavirus, Finance, Technology
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How Fintech Platform CNote Gives Socially Conscious Investors New Ways to Battle Inequality: An Interview With Catherine Berman
Catherine Berman is CEO and cofounder of CNote, an innovative fintech platform that unlocks new investment opportunities for retail and institutional investors. Working with mission-aligned community lenders, CNote aims to close the wealth gap by allowing anyone to invest in small businesses, affordable housing and economic development in financially underserved communities, with a focus on lending to women and minorities.
- Categories
- Finance, Technology
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Analysis: Digital Financial Inclusion – Kenya and Nigeria Case Studies
Digital financial services are both broadening and speeding up financial inclusion in many African countries – a key factor in accelerating economic growth. In this study, Rafiq Raji looks at their development in Kenya and Nigeria and notes the differences in their impact
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Interview: How COVID-19 Will Affect Impact Investing in India
Geeta Goel, country director, India, of the Michael & Susan Dell Foundation, talks about the need for responsible capitalism
- Categories
- Coronavirus, Education, Investing
- Region
- South Asia
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Analysis: How Can Digital Financial Services Help a World Coping With COVID-19?
The global economy will likely contract by over 5 percent in 2020 due to the impact of COVID-19, according to the recently released Global Economic Prospects. The deepest global recession in eight decades is sending hundreds of millions into poverty, and recovery appears to be far off. Still, the crisis has encouraged incentives for economic transformation and adoption of digital business models, including increased use of digital financial services (DFS).
- Categories
- Coronavirus, Finance, Technology
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Viewpoint: Open Banking Set to Drive Africa’s Financial Inclusion
The financial sector in Africa has already witnessed tremendous disruption driven by technologies such as mobile banking, which has played a major role in expanding financial inclusion.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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