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Press Release: World Bank Group Launches Initiative to Help Local Financial Institutions Expand Digital Payments in Emerging Markets
". . . the initiative is expected to increase competition and improve the quality and accessibility of payment services."
- Region
- Global
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Mastercard Launches Wallet Pay to Scale Digital Wallets Worldwide
Harnessing the industry’s most advanced capabilities, Mastercard Wallet Pay solutions empower wallet providers to deliver frictionless experiences — from everyday spending to cross-border transfers – meeting the demands of a rapidly expanding digital economy.
- Categories
- Finance, Technology
- Region
- Global
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Ghanaian Fintech Startup Seevcash Raises $333k from Stellar Community Fund
Seevcash serves users in Ghana, the US and other markets, helping families send and request money across borders.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, remittances, startups
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Apple Pay Launches in the Philippines
"An easier, safer, and more secure way to pay using iPhone, Apple Watch, iPad, and Mac is now available."
- Categories
- Technology
- Region
- South Asia
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Report: The End of Manual Finance? AI Agents Are Coming for Startup Payments
As regional startups scale across currencies and regulations, autonomous payment systems could reduce back-office friction and improve working capital.
- Categories
- Finance, Technology
- Region
- South Asia
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Small Steps Taken Towards Greater Gender Diversity in African Startup Ecosystem in Last 2 Years, Says New Report
The report was released in partnership with industry stakeholders, led by Madica, an Africa-focused pre-seed investment programme dedicated to empowering underrepresented and underfunded mission-driven founders.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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South Africa Fintech Bridgement Raises $20 Million as Banks Back AI-Powered Business Lending
The RMB and Standard Bank funding enables Bridgement to expand its direct lending to SMEs and strengthen its position as a leading online business lender in South Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Designing Credit Systems for Informal Economies: Why More Data Alone Is Not Enough
The global financing gap for micro, small and medium-sized enterprises (MSMEs) is estimated in the trillions. As Ayokunmi Sodamola argues, the reason for this gap is not that these enterprises exhibit poor financial behaviors — or even that there’s a lack of data that can be used to establish their creditworthiness. It's that standard credit assessment systems aren't designed to capture and interpret the data generated by their informal financial activities. He explores how lenders can build a more integrated approach that treats data, identity, trust, risk and incentives as interconnected layers of a single credit system.
- Categories
- Finance
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