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Viewpoint: India Can Soon Be the Tech Garage of the World
Startups have flagged their grievances regarding angel tax provision, which they considered was not friendly to them.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: Thunes Raises $60 Million in Series B Funding To Accelerate Global Growth
Helios Investment Partners leads Series B financing round, as cross-border payments volume in emerging markets is expected to grow to US$45 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Telenor Microfinance Bank Receives $45m Equity Injection To Continue Its Growth on Digital Strategy
Telenor Microfinance Bank, the first scheduled microfinance bank of Pakistan and the operator of the country’s leading digital payments platform Easypaisa, has received an investment of $45 million from its shareholders Telenor Group and Ant Group Co., Ltd. (Ant Group).
- Categories
- Investing, Technology
- Region
- South Asia
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Press Release: Symbiotics Launches USD 6.75 Million (INR 506,250,000) Social Bond with Samunnati Financial Intermediation and Services Private Limited in India
Symbiotics has arranged a Social Bond, raising USD 6.75 million in local currency (INR 506,250,000) for Samunnati Financial Intermediation & Services Private Limited, a non-banking financial company in India.
- Categories
- Agriculture, Finance, Investing
- Region
- South Asia
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Kenya’s PesaKit Launches App-Based Platform for Mobile Money Agents in Kenya
PesaKit has announced the public launch of its app-based platform for mobile money agents, available on Android.
- Categories
- Finance, Technology
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Necessity Is the Mother of Disruption: How Indonesia’s Fintech Startups Can Survive the Do-Or-Die Situation of COVID-19
Indonesia is a silent giant in the startup ecosystem, with over 2,200 startups nationwide – many in the fintech sector. However, with the onset of COVID-19, this progress is at risk of dissipating. Anshul Saxena and Sheila Teta Carina at MicroSave Consulting recommend several measures that can help sustain fintech startups' momentum during the pandemic.
- Categories
- Coronavirus, Finance, Technology
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Reserve Bank of Zimbabwe Reins in Mobile Money Companies
The Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya has ordered mobile money companies to immediately stop registering multiple individual wallets which are being used as conduits for bypassing regulatory transaction limits by illicit money dealers in its latest mid-term monetary policy statement released today.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Infradigital Helps Indonesian Schools Digitize Tuition and Enrollment
A growing list of tech companies are working on solutions, from Payfazz, which operates a network of financial agents in small towns, to digital payment services from GoJek and Grab. As a result, financial inclusion is increasing for consumers and small businesses in Southeast Asia’s largest country, but one group remains underserved: schools.
- Categories
- Coronavirus, Education
- Region
- South Asia
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