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Do Farmers Really Want to be Paid in Mobile Money?
Do farmers really want to be paid in mobile money? To answer this question, I’ll ask you to first entertain a brief thought experiment.
Imagine that your employer told you that next pay period, your company will start paying you in Bitcoin. How would you react?- Categories
- Agriculture, Technology
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Fintech Report: The disruptive new kid on the bloc in Africa
Amid all the hype, fintech is in the process of revolutionizing the provision of financial services in Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Why Fintech Startups Are Wooing India’s Small Businesses
Manjunatha BN runs a music store called Sri Sai Musicals in Bangalore. He needed a loan of $7,800 (5 lakh rupees). Unsure of getting one from a bank, he decided to approach Bangalore-based digital lender Capital Float. To his surprise, he received his loan in no time.
- Categories
- Technology
- Region
- South Asia
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Fixing Financial Inclusion’s Gender Gap: Fast-Growing ‘Community of Practice’ Seeks Solutions
One billion women living in the poorest 40 percent of developing-country households remain outside the formal financial system. A persistent gender gap in developing countries in account ownership rates suggests that efforts at financial inclusion are not reaching women. In an effort to change that, CGAP recently launched the Women’s Financial Inclusion Community of Practice to bring together practitioners, funders and policymakers.
- Categories
- Finance
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Adoptions rise, but mobile wallets still less than 1% of all digital transactions in India
“Despite now accounting for 10% of the overall transaction volume in India, mobile wallets form less than 1% of the transaction value,” a report by Deloitte said which was unveiled at the Retailers Association of India CFO conference on August 23.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Viewpoint: Why I believe the US State Department is wrong about mobile money in Africa
The US Department of State recently released a report that identified mobile money services as particularly susceptible to money laundering in Africa. It cites services like M-PESA and M-Shwari as “services [that] remain vulnerable to money laundering activities”.
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- Technology
- Region
- Sub-Saharan Africa
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Funny money in Myanmar’s fintech sector
A prominent mobile money company appears to be flaunting regulations aimed at providing consumer protections in the burgeoning sector.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance
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How this Senegalese fintech startup is going pan-African
Fintech startup InTouch is a Senegalese company taking an unusual step by establishing a footprint across the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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