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Report: Four in five households in Bangladesh have access to financial services
Four in five households in Bangladesh have access to financial services, thanks to improvements in the networks of banks and microfinance institutions as well as a booming mobile banking segment, according to a new study.
- Categories
- Education
- Region
- South Asia
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PRESS RELEASE: Smart Campaign Now Serves More Than 20 Million Low-income Clients
Momentum for Smart Campaign Certification Accelerates; Six Million ‘Protected’ Clients Added in Last Six Months.
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- Uncategorized
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Big Response to Government’s Low-Cost Insurance Schemes in India
The low-premium life and accident insurance schemes introduced by the government recently have elicited huge response, attracting 11 crore subscribers in just three months.
- Categories
- Health Care
- Region
- South Asia
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New $35 million competition will enable greater financial inclusion for smallholder farmers in Africa
The MasterCard Foundation has announced the opening of a US$35 million Scaling Competition under its Fund for Rural Prosperity.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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PRESS RELEASE: India’s Financial Inclusion Leader IFMR HoldingsRaises $25m from Accion, LeapFrog and Lok
IFMR Holdings, a leading financial inclusion platform in India, has announced that they have raised US $25 million in equity from Accion, a financial inclusion pioneer, LeapFrog Investments, a specialist investor in emerging-market financial services, and Lok Capital, an Indian impact investment firm.
- Source
- Accion
- Categories
- Uncategorized
- Region
- South Asia
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Disrupting Remittances Through Mobile Money in Uganda
The money remittance industry sees over US$34 billion sent to sub-Saharan Africa each year, accounting for an average of 5 per cent of GDP on a country-by-country basis. However, for those sending and receiving money, the systems in place are inefficient and time-consuming.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Fintech firm takes biometric microfinance tool to Uganda
Awamo, a fintech firm firm formerly known as BCB Biometric Credit Bureau, has revealed that it is taking a biometric microfinance solution it has developed to Uganda thanks to $550,000 it has raised in Series-A funding.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Rising Fintech Investment in Asia Suggests Room for Bitcoin Opportunities
More and more companies are tapping into the Asian market when it comes to financial technology investment, as the region has seen growth in remittances while some countries have weak banking sectors. This opens up a market gap that could make room for bitcoin opportunities later on.
- Categories
- Uncategorized
- Region
- Asia Pacific