-
The Future of Microfinance is Mobile: FinTech Resolves Three Key Obstacles of Lending to the Unbanked
The microfinance industry has arrived at a new inflection point, according to Frederic Nze, CEO and founder of U.K.-based digital microlender Oakam. Those businesses that are slow to embrace the transformative power of smartphone technology will feel the full force of disruption over the next decade while access to fair, affordable retail financial services will flourish for consumers and small enterprises the world over.
- Categories
- Financial Inclusion, Technology
-
Fintech firm Payworld focuses on insurance, loans for growth
Payworld, a nine-year old fintech firm, provides digital transaction services like mobile recharge, e-payment, railway reservation and remittances facilities.
- Categories
- Financial Inclusion, Technology
- Region
- South Asia
-
How this social entrepreneur is bringing banks to the fingertips of the unbanked
Humaniq was launched in 2016 with a vision to build a world where the unbanked and underbanked around the world also have access to the banking and financial transactions. An estimated 2 billion people can be brought under the umbrella of financial inclusion with Humaniq’s services.
- Categories
- Entrepreneurship, Financial Inclusion, Technology
- Region
- North America
-
WhatsApp’s Integration of UPI-Based Payments Has Strategic Consequences for India’s Digital Economy
The partnership defies 20th century notions of a public private partnership, and offers a glimpse of the private sector tipping its hat to the sovereign function and prerogative in identifying and authenticating the beneficiaries of a digital service.
- Categories
- Financial Inclusion, Technology
- Region
- South Asia
-
Responsible Finance: Moving Money from Mattresses to Mobiles
Technology has made it possible for lower-income people living in developing countries to access financial services that were previously beyond their reach. FINCA Impact Finance CEO Andrée Simon says her firm's new smartphone app, SimSim, which recently emerged from its pilot phase and already has 35,000 users, strikes a balance between the personal touch and modern fintech automation.
- Categories
- Financial Inclusion, Technology
-
GetBucks $30m issue under subscribed
GetBucks had, through the issue of a medium term note, become the first listed firm to attempt to raise funding on the bourse through the listing of a debt security.
- Categories
- Financial Inclusion
- Region
- Sub-Saharan Africa
-
Juvo raises $40 million to bring financial inclusion to emerging markets
Juvo joins companies like Branch and Tala in bringing financial services to the underserved in developing markets.
- Categories
- Financial Inclusion
-
Steep fees call into question bitcoin’s promise for the underbanked
Abra set out in 2014 to make mobile money movement cheap and fast worldwide, using the bitcoin network as rails. But lately the fees for transferring value on that network have risen, creating a predicament for the startup: charge more for sending funds with its mobile app, or eat the fees.
- Categories
- Financial Inclusion, Technology
Parent Organization
