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India launches first bank exclusively for women
India launched its first public sector bank catering for women on Tuesday, an initiative aimed at economically empowering millions of women across the country who do not have access to basic financial services such as bank accounts or loans.
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- Uncategorized
- Region
- South Asia
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Crowdfunding in China could be $50 billion business by 2025
By 2025, crowdfunding in China could explode to $46 -$50 billion—about half the amount expected to be channeled to startups and businesses throughout the world, according to a new World Bank report
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- Entrepreneurship
- Region
- Asia Pacific
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Crowdfunding Without Kickstarter
Entrepreneurs built their own website after being rejected from Kickstarter.
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- Entrepreneurship
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Directed Remittances: Are “free” in-kind transfers exciting enough to lure customers?
Remittances from migrant communities have huge social and economic impacts on emerging markets, accounting for over a third of GDP in some countries. But the market has only experienced incremental levels of innovation over the years. Now, according to Nate Gonzalez at Accion Venture Lab, more nuanced business models are emerging, including some that offer in-kind transfers like gift vouchers or bill payments rather than cash.
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- Uncategorized
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What General Electric’s Big Bet On Crowdfunding Looks Like
If you're closely watching the developing situation around crowdfunding, one of the themes you start to see is that expertise matters - and therefore the whole crusade to provide a platform for funding but little else may need to be reevaluated. Because investors that only provide capital and not industry knowledge and contacts are shortchanging the entrepreneur.
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- Entrepreneurship
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In Crowdfunding, New Source of Aid After Catastrophe
After the devastating floods in Colordado, with no flood insurance, and limited access to credit and small business loans, people turned to online charitable giving — a crowdfunding platform called GoFundMe — to help raise money to regain their footing.
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- Entrepreneurship
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Financial innovation the next big thing in clean energy and efficiency
A new wave of innovation is sweeping the energy transition sector, promising to accelerate deployment and cut the costs of energy-efficiency measures, as well as wind and solar generation. It isn’t a technological improvement, like cutting hardware and labor costs. It isn’t a policy mechanism like feed-in tariffs. It isn’t even a new business model, like selling storage services. It’s financial innovation.
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- Energy, Environment
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Weekly Roundup – 11-9-13 – For Sale: Your Future: Should young people sell shares of their future earnings to investors?
Upstart is a crowdfunding company geared toward young people in the U.S. who are struggling with the cost of college education. It’s one of several new companies that allow investors to fund students’ careers, in exchange for a percentage of their future earnings. Is this a welcome innovation meeting a growing demand, or is it exploitation of the heavily indebted youth? We explore the topic in this Weekly Roundup.
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- Entrepreneurship
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