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Tez Financial Services Raises $1.1M in Seed Funding
The company intends to use the funds to build its credit portfolio, enhance its mobile technology platform, and secure an NBMFC license.
- Region
- South Asia
- Tags
- fintech, mobile finance
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IFC and Alipay Announce 10×1000 Tech for Inclusion Programme to Inspire Technology Leaders in Emerging Markets
Alibaba Group founder and Executive Chairman Jack Ma said that the programme aims to build an interactive and open platform to increase support for tech leaders and skilled individuals who are working to alleviate poverty and make basic financial services more broadly accessible in Indonesia, which will be the first stop of the programme within emerging markets.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Viewpoint: Tax on internet, mobile cash will dim ‘Silicon Savannah’ dream
Kenya is a rising star in ICT and is fondly referred to as the “Silicon Savannah”. ICT exhibits potential to be a key player in turning around an overburdened economy and could even haul Kenya into industrialisation. Over-taxing it is hardly the way to run around the wheel and reinvent growth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, public policy, regulations
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‘Fintech can transform Asia’s women entrepreneurs’
The ESCAP initiative, launched on 29 September on a side meeting during the 2018 UN General Assembly, viewed women’s entrepreneurship as key to economic growth and inclusion.
- Categories
- Finance
- Region
- Asia Pacific
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Viewpoint: The challenges for fintech adoption in India
Promoting fintech in India is preaching to the choir. In 2005, then Reserve Bank of India (RBI) governor Y.V. Reddy used the term ‘financial inclusion’ for the first time in the central bank’s annual policy statement. In the decade and change since, it has become one of the leitmotifs of governance.
- Categories
- Finance
- Region
- South Asia
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Navigating fintech’s rise: IMF, World Bank launch guide for policymakers
The International Monetary Fund and the World Bank jointly released a paper intended to guide policymakers around the world in their handling of the rise of financial technology — commonly known as fintech.
- Categories
- Finance
- Tags
- fintech, public policy
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Report: Tencent, Ant Financial Entry to Boost Philippines Financial Services
Tencent and US-based private equity firm KKR marked their entry in the Philippines on October 4 following a deal to invest up to $175 million in PLDT’s digital arm Voyager Innovations.
- Categories
- Finance
- Region
- Asia Pacific
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What’s happening with crypto in Latin America?
After the death of the global commodity boom that bolstered emerging markets in Central and South America, the region slowed to a crawl. But despite economic troubles in Venezuela and Argentina, Latin America as a whole is on its way back. And the fintech sector is leading the charge.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- blockchain, cryptocurrency, fintech
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