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Fintech Adoption up 64% With India and China in the Lead
Fintech adoption rate has risen to an average of 64% this year, with emerging markets like China and India leading the way, according to a report by Ernst & Young (EY).
- Categories
- Finance
- Tags
- fintech
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You Can Now Invest in a ‘Racial Justice’ Index Fund
The new “Racial Justice” criteria joins more than a dozen other causes promoted by OpenInvest’s indexing technology—which allows investors to prioritize values including gender equality, LGBTQIA+ rights, and ethical supply chains and also combat issues like fossil fuels, deforestation, and greenhouse gas emissions, among others.
- Categories
- Investing
- Tags
- ESG, fintech, impact investing, startups
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Kenya Is Mobile Cash King but Ghana and Rwanda Lead in Reach
This means that seven out of every 10 Kenyans are using their mobile phones to access their bank accounts for services to save or get loans coinciding with a change by the lenders and micro-financiers to adopt mobile and digital platforms that cut on operational costs.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Report: Mobile Money Transfers Remain Costly for the Poor
Kenya is among the top five African countries in mobile penetration, even though the cost of mobile transactions remain high for poor households and businesses.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Trulioo Teams With Refinitiv To Bring 5B Consumers Into The Financial Mainstream
Trulioo said it is teaming with Refinitiv — operator of the World-Check Risk Intelligence database — to promote global financial inclusion and fight fraud.
- Categories
- Finance, Technology
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Report: Global Fintech Adoption Grew 64% in 2019; India and China ahead in Emerging Markets
In the emerging markets, Russia and South Africa are trailing closely behind China and India.
- Categories
- Finance, Technology
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In Fintech Race, Go-Jek App Extends Consumer Credit to Offline Stores
PayLater marks 'beginning' of more financial services for Indonesia's unbanked.
- Categories
- Finance
- Region
- Asia Pacific
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PalmPay, Visa Partner to Drive Financial Inclusion Across Africa
In a statement made available to The Guardian, Vice President, Strategic Partnerships, Fintech and Ventures at Visa, Otto Williams, said the goal of advancing financial inclusion was the driving force for the collaboration, noting that the partnership would benefit consumers and merchants not previously addressed by traditional financial services across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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