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Can Next-Generation Startups Unite Agritech and Fintech for Farmers in Emerging Markets?
An amalgamation of agritech and fintech solutions could have an incredible impact for the masses, especially populations that work within the agriculture chain. But making these apps and other digital solutions more user-friendly is critical to expanding their usage. Developers may need to borrow the best toolsets from both sectors, writes Sneha Sampath with Unitus Seed Fund.
- Categories
- Agriculture, Finance, Technology
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Common Cents Lab Unveils Millennial Financial Regret Spending Report
Conducted in partnership with Qapital, a fintech app focused on helping people save and spend better, the new study surveyed 1,000 Americans between the ages of 20 and 36-years old to identify which purchases they regarded as either most regretful or most satisfying. Through this effort, the team of behavioral economists isolated four positive personal financial habits that others may emulate to improve financial wellness and fulfillment.
- Categories
- Uncategorized
- Region
- North America
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The surprising place where cash is becoming extinct
Somaliland, a self-declared republic in East Africa, faces high illiteracy and has an economy ravaged by a civil war. But it might just become the first cashless society on Earth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Google is reportedly releasing a localized mobile payment service in India
The publication claims Google ‘Tez’ — meaning fast in India — will offer a comprehensive set of payment options beyond existing products like Google Wallet or Android Pay. Tez, for one thing, will include support for Unified Payments Interface (UPI) — a payment system backed by the government — and other consumer payment services including Paytm and MobiKwik.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Digital Payments in India – The Race to Capture the Market Begins
According to a recent report on Digital Payment in India 2020 by Google, the total payment via digital instruments is expected to touch $500 billion by 2020.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Nestlé, Telenor Microfinance Bank partner to launch digital lending for farmers in Pakistan
Under this program, Telenor Bank has been disbursing loans to dairy farmers digitally. The bank has pioneered one of the country’s first data driven digital method in deciding the loan limits with near instant loans. Hence, the loans are disbursed directly to the farmers via Telenor Bank’s mobile banking platform, Easypaisa mobile wallets.
- Categories
- Agriculture, Investing, Technology
- Region
- South Asia
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Perspective: What the World Can Learn From India’s Cash Experiment
A report last month showed that 99 percent of invalidated bills have now made their way back to banks, suggesting the government's plan to extinguish illicit cash has foundered. At the same time, though, currency in circulation is down by about 25 percent from where it would otherwise have been, according to Bloomberg Intelligence, while electronic transactions are up.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Government’s BHIM app to be single point for all mobile payments in India?
The ministry of electronics and IT (MeitY) is working on a multi-pronged strategy under which it plans to make the Bharat Interface for Money app, or BHIM, the single point for all mobile payments.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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