-
With Bangladesh on Visa’s Target List, Credit Card QR Codes Are Here, There, and Everywhere
In progressive, emerging markets, debit card usage is closer to 30%, and credit card usage is at least in single digits, indicating at least some progress in financial inclusion.
- Categories
- Finance
- Region
- South Asia
-
Press Release: Bank of the West Invests $2 Million into Expanded Partnership with Grameen America
Once open, Grameen America's goal is to serve 500 women in its first year, disbursing $727,000 in microloans to low-income female entrepreneurs in Fresno. By year five, Grameen America aims to serve 7,000 women and cumulatively disburse $21 million in loans.
- Categories
- Finance
- Region
- North America
-
JPMorgan Commits $25M For Altruistic FinTech Services
“This new philanthropic investment follows a $30 million collaboration between the Financial Health Network and JPMorgan Chase over the past five years to identify and develop tools that help people in the U.S. improve their financial health,” JPMorgan Chase said.
- Categories
- Finance
- Region
- North America
-
The $100 Trillion Opportunity: The Race To Provide Banking To The World’s Poor
Companies like Tala are at the forefront of the race to deliver rudimentary financial services to the 1.7 billion people on the planet who lack even a bank account. Providing them with the basics of credit, savings and insurance is one of the great challenges and opportunities of the century.
- Categories
- Finance
-
Press Release: Indonesian Lending Startup JULO Raises $10M Series A2
“Access to affordable personal loans on a short-term basis is often the difference between a family being able to pay for its daily needs like education, or not,” said Adrianus, co-founder and CEO of JULO. “At JULO, we use proprietary credit scoring technology to put money in the hands of people who need it to pay for education, home improvements, or working capital -- all at affordable rates.”
- Categories
- Finance, Technology
- Region
- Asia Pacific
-
Digital Lending Apps Are Coming Under Scrutiny in East Africa for Predatory Practices
The latest challenge comes from Google, which has updated its app store developer policies to curb predatory lending practices.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Revisiting our Assumptions About Digital Financial Inclusion: Three Unexpected Findings from BFA’s FIBR Project
When BFA launched its FIBR (Financial Inclusion on Business Runways) R&D project four years ago, it outlined a set of assumptions about how smartphones, increased connectivity and digitization would help to accelerate financial inclusion for small businesses in Africa. As the project wraps up, BFA Founder and Chair David Porteous explores which of those assumptions still hold – and which need to be reassessed as unanticipated developments have reshaped the market.
- Categories
- Finance
-
Online Banking Still a Reserve for the Rich in Kenya – Survey
People in higher income brackets use their phones to obtain more information on products and services before purchase, and across all income brackets, users regularly keep track of their online fund balances.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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.