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Inter-American Development Bank Publishes Report on Fintech Sandboxes
According to the IDB report, Fintech has been gaining strength throughout the Latin American and Caribbean region.
- Categories
- Finance
- Region
- Latin America
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Press release: Mobile Lender Tala Announces India Expansion, Fueled by USD 65m in New Financing
The U.S.-based financial technology company has delivered credit to nearly 1.3 million customers and originated more than $300 million globally.
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Taxing mobile money will hinder financial inclusion, says GSMA
“I am very concerned anytime there is any indication that government or anybody wants to take any step that may inhibit the growth of mobile money. When you tax mobile money, you are taxing the people who are probably the most excluded in mainstream financial service."
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Bringing Technology to Microfinance in the Age of Data Scandals: European Microfinance Award Seeks Solutions
Fintech advances are often heralded for bringing financially excluded people into the mainstream. But Facebook CEO Mark Zuckerberg’s recent appearance before Congress is a stark reminder of the need for protection from – along with access to – technology. This year's European Microfinance Award is seeking organizations whose tech-enabled financial solutions place client protection at the forefront.
- Categories
- Finance, Social Enterprise, Technology
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Delhi-based fintech startup Affordplan raises Series B round
Affordplan, a Delhi-based fintech startup that makes healthcare services accessible through planned savings for non-emergency treatments, has raised fresh capital in its Series B round from a clutch of investors.
- Region
- South Asia
- Tags
- fintech, startups, venture capital
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Fidor, IFC partner to expand digital financial inclusion in Africa and Latin America
Digital banking services provider Fidor has signed a memorandum of understanding (MoU) International Finance Corporation (IFC), a member of the World Bank, to expand digital banking services in Africa and Latin America.
- Categories
- Finance
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South African Fintech Startup JUMO Bags USD 3 Mn In Equity Investment From Proparco
JUMO leverages the mobile networks to provide loans and savings-products to its customers. It has developed a credit scoring algorithm which helps customers to unlock the value of their digital footprints by giving an accurate estimation of their creditworthiness.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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GSMA unveils mobile money mark of excellence
Mobile money services will be independently tested against several criteria to determine if they deliver secure, reliable financial services. This includes elements around protecting consumer rights, while also combating money laundering and preventing the financing of terrorism.
- Categories
- Finance
- Tags
- fintech, mobile finance, regulations
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