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Safaricom CEO takes medical leave for ‘number of months’
Company chairman Nicholas Ng’ang’a made the announcement in a circular to employees, but did not disclose the nature of Mr Collymore’s sickness.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Snapcart raises $10M to shed light on consumer spending in emerging markets
Co-founded by four executives including CEO Reynazran Royono, who previously worked as a consultant for Procter & Gamble and Boston Consulting, the startup uses the humble receipt to track consumer spending with deeper clarity than is currently done in Southeast Asia and other emerging markets.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech
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Shift to ‘innovative’ financing to achieve 2030 SDGs pushed
If countries in Asia and the Pacific, like the Philippines, will achieve the Sustainable Development Goals (SDGs) by 2030, their governments must turn to innovative financing models. In a report, the United Nations Economic and Social Commission for Asia and the Pacific (Unescap) and Korea’s Science and Technology Policy Institute (Stepi) said meeting the SDGs worldwide could amount to $2.5 trillion.
- Categories
- Impact Assessment, Investing
- Region
- Asia Pacific
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Blockchain for Inclusion? Gates Foundation Strikes Tepid Tone at Money2020
Bitcoin and other blockchain applications may help expand access to financial services for the world's poor, but the technology is not the cure-all that some of the early rhetoric in the space made it out to be.
That’s the takeaway from a panel discussion Sunday at Money2020 in Las Vegas featuring representatives of the Bill & Melinda Gates Foundation and Omidyar Network, two of the most prominent philanthropic organizations focused on promoting financial inclusion.- Categories
- Finance
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Ghana Police Reveal Telco Workers Complicit In Mobile Money Fraud
The Director in charge of the Cyber Crime Unit of the Ghana Police Service, Chief Superintendent Dr. Herbert Gustave Yankson, told The Finder that, as a result of fake identifies, the unit is able to investigate and prosecute only 10% of cases reported, due primarily to the use of fake identities to register SIM cards.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital identity, fintech
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How Blockchain Is Transforming The Energy Industry
Today, a new technology, blockchain, is shaping the commodity market, making it more efficient with reduced transaction costs.
- Tags
- blockchain, digital finance, fintech
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Lenddo and EFL join forces
Financial SaaS company Lenddo and Entrepreneurial Finance Lab have merged in an effort to provide a menu of credit scoring and identity verification products to 20-plus emerging markets.
- Categories
- Finance
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Amid Brazil’s persistent economic crisis, fintech startup GuiaBolso raises $39 million
That GuiaBolso has emerged as a bright spot in the otherwise grim horizon of Brazil’s economic outlook speaks to a broader divergence between the country’s digital economy, which continues to grow, and its offline industries, which have been stumbling since 2015.
- Categories
- Finance
- Region
- Latin America
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