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After Years of Rapid Growth in Africa We’re About to Enter the Age of Mobile Money 2.0
Across its 15 mobile money operating companies, MTN Group seems to dominate the African continental market for mobile financial services. Riding a strong brand and an increasing significance in the daily life of the average citizen, it is difficult to ignore the masterpiece they have built.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Fintech Company CredoLab Set to Drive Financial Inclusion in South Africa
Using this non-traditional data and predictive analytics for credit scoring enables lenders to expand their pool of borrowers while keeping risks under control.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Fintech company, CredoLab set to drive financial inclusion in South Africa
Credit scoring fintech company, CredoLab announced on Tuesday, 1 October 2019, that it has officially launched in Africa. Starting in South Africa, CredoLab is aiming to drive financial inclusion in emerging economies on the continent by credit scoring more people, especially those who are new to banking or credit.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Inside-Out: The Good and the Bad of insight2impact
Does this situation sound familiar? A development program generates lots of intriguing insights – but once it's over, these learnings end up languishing in a sparsely read report in the back pages of a website. That’s the scenario insight2impact (i2i) aims to avoid. As the program wraps up, i2i lead Hennie Bester describes how it's bringing the insights it has generated, from both successes and failures, to the organizations that can use them – including through a new partnership with NextBillion.
- Categories
- Finance
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Zimbabwe Turns to Mobile Money Regulations in Bid to Stem Currency Plunge
The Reserve Bank of Zimbabwe on Monday stopped operators of mobile-money services, the dominant way in which money is moved in the country, from paying out cash.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, regulations
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Cellulant Wins Global Award; Integrates Into World Economic Forum
The Schwab Foundation award is in recognition of Cellulant’s work in building digital payments and financial services that enable businesses and consumers in critical sectors such as Agriculture, Retail Distribution, Transport, Logistics and E-commerce to access services at the very point where they need them.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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JPMorgan Commits $25M For Altruistic FinTech Services
“This new philanthropic investment follows a $30 million collaboration between the Financial Health Network and JPMorgan Chase over the past five years to identify and develop tools that help people in the U.S. improve their financial health,” JPMorgan Chase said.
- Categories
- Finance
- Region
- North America
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Kreditech, the AI-Based Near-Prime Loans Platform, Nabs $22m Under New CEO to Expand Globally
This is an equity round that it will be using to continue building its business specifically in the latter of those four countries — doubling down on the fact that India is not only one of the world’s biggest economies, but one of the fastest-growing, too.
- Categories
- Finance
- Region
- South Asia
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