-
Going Cashless? Bad for Tax Cheats, Privacy, Poor
Could physical cash go away entirely? Economists see great payoffs in a cashless society: lower transaction costs, new tools to manage economic growth and an end to tax evasion and money laundering. Critics see an end to privacy, frightening new powers for tyrants and costs that would fall disproportionately on the poor.
- Categories
- Technology
- Tags
- fintech
-
MobiKwik partners with Samsung Pay for one-tap payment solution in India
Digital payments company MobiKwik has partnered Samsung Pay, under which consumers will be able to make payments with a single tap using select Samsung handsets.
- Categories
- Uncategorized
- Tags
- digital payments, fintech
-
Report: The Fight for Light: Improving Energy Access through Digital Payments
Digital payments are at the core of the most successful new models for reaching last-mile customers, enabling businesses and governments to link under-served households with essential services.
- Categories
- Energy
-
Kenya: Concern grows over mobile money user information
According to Business Daily, Safaricom is already planning to introduce a platform that will host digital identification for customers.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- digital identity, fintech
-
CompareAsiaGroup scores $50M from investors including IFC, Alibaba and Goldman Sachs
CompareAsiaGroup claims that more than 28 million people used its sites last year, making it the largest personal financial management platform in Asia.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- fintech
-
The Rise of a New Asset Class: Can ‘PAYGo Finance’ Connect Investors to Low-Income Customers?
Lendable has pioneered a marketplace lending platform that connects alternative lenders in East Africa with impact and institutional debt investors, to provide financing for leased assets like solar panels and motorcycles. According to BFA, providing these alternative lenders with structured debt financing could potentially give rise to a new asset class: PAYGo finance. If successful in raising funds from investors at scale, the Lendable approach could bring financing for low-income individuals full circle.
-
How Flexible Financing, Solar Panels and Data Could Be Key to Financial Inclusion
With over 1 million units installed in the past four years, the PAYGo financing model is already unlocking significant growth for the off-grid solar industry. But the sector also faces formidable challenges. FIBR, a project by BFA in partnership with Mastercard Foundation, is exploring ways PAYGo solar can leverage data to make better point-of-sale decisions, customize product offerings, engage and retain agent networks, inform future follow-on products, and build linkages with other financial service providers.
-
Sub-Saharan Africa to Surpass Half a Billion Mobile Subscribers by End of Decade, Finds New GSMA Study
“Sub-Saharan Africa will be a key engine of subscriber growth for the world’s mobile industry over the next few years as we connect millions of previously unconnected men, women and young people across the continent,” said Mats Granryd, Director General of the GSMA.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- fintech
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.