-
Press release: Mines Secures $13M Series A to Grow Digital Credit Platform for Emerging Markets
"There are more than 3 billion adults globally without access to credit. Our vision is that every one of them will have instant access to credit in the next 10 years." explains Ekechi Nwokah, Mines CEO. "We believe the best way to realize this vision is to partner with banks, retailers and mobile operators and power digital credit products tailored to their markets so they can create the customers of tomorrow, today.”
- Source
- Press release
- Categories
- Inclusive Fintech
-
The Impact Of The Middle East’s Fintech Boom On Economic Inequality In The Region
History tells us that any new technology can lead to one of two diametrically-opposed social outcomes: the technology can help balance the distribution of global wealth, or it can deepen economic and social inequality.
- Categories
- Inclusive Fintech
- Region
- North Africa & Near East
-
Press release: Kora Gateway launches, bringing improved financial services to emerging markets
Kora, the largest blockchain project out of Africa, has launched a new wallet that aims to provide access to low cost financial services to populations that have historically had little to no access to them.
- Categories
- Inclusive Fintech
-
Fintech’s Good Fortune: Eight Things Africa Can Learn from China’s Success
Earlier this year the FiDA Partnership took 26 leaders from Africa’s digital finance industry to China to learn about what's driving the unprecedented Fintech boom there. Jessica Osborn, a senior manager at Caribou Digital, writes that the immersive and intense week was designed to help participants experience Chinese digital life firsthand on the streets of Beijing, in the mom-and-pop stores of Hangzhou and the on factory floors of Guangdong. Osborn shares eight key lessons for anyone looking to succeed in emerging market fintech.
- Categories
- Inclusive Fintech
-
Offering a white-labeled lending service in emerging markets, Mines raises $13 million
Emerging markets credit startup Mines.io has closed a $13 million Series A round led by The Rise Fund, the global impact fund formed by private equity giant TPG, and 10 others, including Velocity Capital.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
-
Telcos in Rwanda want government to allow them roll out cross-network mobile money transfer
Approval for mobile money interoperability will allow the service providers to begin commercial negotiations, “agree on tariffs and sign agreements with an independent switch provider,” and offer services across networks.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
-
African Fintech startups to look out for in 2018
From mobile money transfer apps to tech firms determined to help users save, these tech startups come from all over Africa.
- Categories
- Inclusive Fintech, Technology
- Region
- Sub-Saharan Africa
-
Press release: Visa and Branch form micro-credit partnership
The loans will provide merchants with funds to grow their business through supplemental stock, infrastructure investment, and other key operational needs. Loans will be disbursed directly to the merchants’ phones.
- Categories
- Inclusive Fintech
Parent Organization
