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Who Owns Poverty?: A Q&A with Fundación Paraguaya Founder and CEO Martin Burt
Why do so many anti-poverty efforts fail? And what should we do differently? In his new book, "Who Owns Poverty," Fundación Paraguaya founder and CEO Martin Burt explores those questions from the viewpoint of the real experts: poor families themselves. He presents some key insights from the book in this Q&A – and the book is available to NextBillion readers at a discount (or as a free e-book)!
- Categories
- Finance, Social Enterprise
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Goldman Sachs, Point72 and Others Invest $42 Million in Mexico’s Credijusto
Mexico has experienced a steady rise in startups aiming to use technology and mobile phones to sell financial services to poor and middle-class customers who do not use traditional banks.
- Categories
- Finance, Technology
- Region
- Latin America
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Dawn of the QR Code in Chile’s Payments Market
A drop in the use of cash brings various benefits in areas such as security, financial crime reduction, tax collection rates and minting costs.
- Categories
- Finance, Technology
- Region
- Latin America
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Survey: Fintech Adoption Rate Grows 64% Globally
Access to “innovative” products and ease of account opening are key factors driving consumers to FinTech adoption.
- Categories
- Finance
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Press Release: Fintech Nomanini Raises $4M in Funding Round Led by Standard Bank
Through the terms of the strategic investment, Standard Bank gains a stake in the company and the ability to use Nomanini’s platform to unearth previously ‘invisible’ data on the informal retail economy.
- Source
- Press release
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Desperate Zimbabweans Use Cell Phone Transfers to Get Cash
The World Bank says increased use of mobile money is a welcome sign of a greater proportion of the population engaged in the banking sector. Yet, in Zimbabwe it is more a matter of the difficulty and the cost for ordinary folk of getting ready access to cash.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kiva’s Crowdfunding Platform Transforms Into Hub for Impact Investing and Financial Inclusion
“One of the things that goes unnoticed about Kiva is our quiet but continued pursuit of the impact being achieved,” says Premal Shah, who until 2018 was president and the only remaining cofounder still with Kiva. “This is hard to do and hard to measure. But it is critical.”
- Categories
- Finance
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PayPal-Backed Money Lender Tala Raises $110M to Enter India
Tala looks at a customer’s texts and calls logs, merchant transactions, overall app usage and other behavioral data through its Android app to build their credit profile.
- Categories
- Finance
- Region
- South Asia
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