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Financial Services That Work for Young People: How Social Norms Impact Financial Resilience Among the Youth in Africa
Financial service providers are capable of reaching young people in Africa, but not without a deep understanding of how social norms and expectations are impacting their financial access and usage, say Lise Paaskesen at Lise Consultancy and Weselina Angelow at the World Savings and Retail Banking Institute. They explore research that suggests how providers can improve young people's opportunities and resilience by offering services that foster autonomy, decision-making and bargaining power — which in turn can contribute to changing social norms in those areas.
- Categories
- Finance
- Tags
- financial inclusion, research, youth
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Fintech Company CapitalSage Technology Raises $4 Million To Accelerate the Company’s Growth
CapitalSage Technology Limited's expansion is mostly driven by their agenda to provide sustainable and inclusive digital financial infrastructure.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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IFC and FMO Partner With I&M Bank To Support SMEs in Kenya
The financial support will give smaller businesses across a range of sectors in Kenya access to financing for working capital, expansion, and to weather the effects of COVID-19.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, MSMEs
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AC Ventures, Kenangan Fund Join Durianpay’s US $2 Million Round Led by Surge
Durianpay provides small e-commerce merchants with a one-stop solution for easy-to-integrate modern APIs and dashboards in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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Analysis: Information Asymmetry Is Keeping Rural Women Entrepreneurs From Success
Most semi-urban and rural Indian women who want to run their own micro-companies are either unaware of welfare schemes they can avail for financial support or they are too hesitant to apply.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Press Release: Catalyst Fund Announces Its Latest Cohort of Companies Bringing Inclusive Fintech Solutions To Underserved Communities
PayPal joins as a new supporter as Catalyst Fund explores connections between digital finance and climate resilience.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: UNCDF Releases Cutting-Edge Research on Financial Health
The United Nations Capital Development Fund (UNCDF) in partnership with i3 Program, supported by MetLife Foundation, released its flagship publication, “Delivering Financial Health Globally”.
- Categories
- Finance
- Region
- Global
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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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