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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
- Finance
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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
- Finance
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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
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, lending, venture capital
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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
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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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
- Finance, Technology
- Region
- Sub-Saharan Africa
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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
- Finance
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Safaricom Blames Regulator for Underinvestment by Kenyan Rivals
Kenyan lawmakers are studying a report by U.K.-based advisory group Analysys Mason that found Safaricom to be a dominant player in mobile money and mobile communications.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Facebook joins Uganda social media tax fray
The falling out over Uganda’s recently introduced social media tax could intensify after Facebook warned it will hold back infrastructure investments worth millions of dollars it was planning in the country.
- Categories
- Finance
- Region
- Sub-Saharan Africa