-
Financial Inclusion During – And After – COVID-19: The 2021 Compass Survey Reveals the True Scale of the Challenges Ahead
COVID-19 has upended the global financial inclusion sector, causing immense new challenges for low-income clients, their households and businesses, providers, funders, and the broader ecosystem. The full extent of this impact won't be seen until the pandemic fully subsides, but trends are emerging. Sam Mendelson at e-MFP shares findings from the organization's most recent Financial Inclusion Compass survey, which asked a broad cross-section of stakeholders where they see these increasingly complex issues trending — and what they’d like to see in the future.
- Categories
- Coronavirus, Finance
-
Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Airtel Africa Scoops Another $200 Million for Mobile Money Business
Airtel Mobile Commerce is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Press Release: CDC Group Announces $50 Million Trade Finance Facility With Ecobank As Part of Its COVID-19 Response
This marks CDC’s first partnership with EBISA with the commitment aimed at providing systemic liquidity to underserved markets and crucial trade finance support to local banks and businesses across Africa.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
-
DFS Lab and the Stellar Development Foundation Launch a Blockchain Bootcamp for African Startups, Offering Prizes up to 20,000 USDC for Most Promising Solutions
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Chaka Secures $1.5 Million Pre-Seed Round to Power Digital Investments and Wealth Management Opportunities across Africa
Chaka is a technology solutions company on a mission to enable every business and person in Africa to access borderless digital investment and wealth management opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
CreditAccess Grameen Raises $25 Million Debt from Swedfund
CreditAccess, the largest microlender by gross loan portfolio, will use the fund for on-lending to female micro-borrowers.
- Region
- Global
-
Analysis: How Decentralized Finance Will Transform Business Financial Services – Especially for SMEs
Uptake of DeFi in transaction banking could open up new capital opportunities for larger companies and increase liquidity for SMEs.
- Categories
- Finance, Technology
- 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.