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Three Ways Entrepreneurs Can Tackle Climate Change (Hint: It’s Not Just About Scale)
There are ways entrepreneurs can make sizeable impacts on climate change without Facebook-like growth curves. Jean-Louis Racine says investors should follow the lead of the venture capital sector and support startups that won't grow or be profitable. Traditional impact metrics such as goods sold, customers served, revenues generated or jobs created no longer apply. The best way to catalyze a climate technology market is to help ensure that innovative high-risk, low-growth ventures don't fall through the cracks.
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- Energy, Entrepreneurship, Environment, Financial Inclusion, Technology
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Non-profits start with energy but lack systems, so struggle for funding: Roopa Kudva of Omidyar Network
Omidyar's most recent investment in India is in Goodera, a for-profit company that helps corporates channel money for CSR activities. India managing director Roopa Kudva , who joined the venture in 2015, explains why financial inclusion is top of its list of priorities.
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- Financial Inclusion, Investing
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From Kentucky to Kenya: Celebrating Financial Inclusion’s Potential – And Facing its Limitations
The financial inclusion industry is arguably more innovative and attuned to the needs of low-income clients than ever before. But how much of an impact can it make in a world where the problems of poverty and income inequality increasingly plague not only low-income countries, but wealthy ones too? We discuss the issue as NextBillion's Financial Inclusion Month concludes.
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- Financial Inclusion, NextBillion Originals
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Bridging financial inclusion with technology is key
Sonny Singh, Senior VP and GM of Oracle's Financial Services Global Business Unit, tells Anup Jayaram how the company is helping facilitate digital banking in India.
- Categories
- Financial Inclusion, Technology
- Region
- South Asia
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Building Tools to Measure How, and How Much, Consumers Benefit from Financial Inclusion
It's easy to affirm that financial inclusion is increasing. It's more difficult – because of a lack of reliable and actionable tools – to determine how adults derive value from financial inclusion. To address that need, insight2impact recently developed and tested a needs measurement framework concept that takes users’ actual usage patterns into consideration.
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- Financial Inclusion
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India’s most popular mobile wallet company is pushing to disrupt financial services with a new money market fund
Paytm recently became the second nonbank to leverage India's payment bank initiative, which works to give more consumers access to mainstream financial services. As part of the initiative, Paytm will be able to accept deposits, issue debit cards, and facilitate online transactions, but it won't be able to lend money to consumers.
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- Financial Inclusion, Technology
- Region
- South Asia
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Three Reasons Financial Health Matters – And Not Just for the Underserved
Forty-three percent of Americans struggle to pay bills and make credit payments, while 23 percent of workers making $50,000 to $99,999 a year are living paycheck-to-paycheck, and underserved Americans spend $141 billion in fees and interest to meet their financial needs. That's why, as the Center for Financial Services Innovation puts it, "Financial health matters to all of us." Today (June 27) CFSI and other mission-based organizations are celebrating #FinHealthMatters Day, to highlight what we all can do to improve financial health.
- Categories
- Financial Inclusion, Technology
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Digital Isn’t Always the Answer: Building Choice into Financial Inclusion Solutions for Smallholder Farmers
Smallholder farmers often live in remote villages, located hours away from towns and cities where they might be able to access consistent mobile networks, bank accounts or other formal financial access points. So while many farmers are curious about the idea of receiving the payment for their cash crops in digital formats, the options for them to use that digital currency are limited. Instead of pushing technology for technology’s sake, financial inclusion projects ought to seek diverse solutions that are appropriate and accessible for customers based on their needs.
- Categories
- Agriculture, Financial Inclusion
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