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Insurance in Africa: The threat of tech
No insurer wants to see new innovators encroaching on their territory. To outflank them, some are working with these fintech companies to help pursue their own technological projects, reach the continent’s large uninsured populations, develop new products and cut costs.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Fintech Deals in South East Asia Hit Record Numbers in 2016
The total number of venture-backed deals to fintech companies in South East Asia (i.e. Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam) reached record highs in 2016 according to data released by CB Insights recently.
- Categories
- Technology
- Region
- Asia Pacific
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Smartphones are making Kenya’s gambling problem even worse
Smartphones have been hailed in Africa for everything from improving emergency and rural health care to enabling e-commerce and better supply chains. But in some cases, their contribution to improving society may be debatable.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Starbucks Debuts Mobile App In India
To many, it was a disturbing notion: why was Starbucks taking so long to bring its wildly successful mobile app to its fastest-growing market, India? Almost every day that went by made people only wonder more just what was going on. New word says that it’s finally landing, though, and bringing with it many of the same features that made the original great.
- Categories
- Technology
- Region
- South Asia
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Samsung Pay beats Apple and Google to launch mobile payments service in India
Samsung has launched its mobile payments service in India.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Ecobank plans to use its app to make traditional bank accounts relevant in Africa
For the past 15 years, the growth of mobile phones in Africa has helped fill the void poor banking infrastructure has created – with the technology being used to address the needs of the unbanked.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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India’s largest mobile wallet goes global, launches app in Canada
India's largest mobile wallet, Paytm, has launched in Canada. Users can now pay their cell phone, cable, internet, water and electricity bills as well as their insurance and property taxes via the Paytm Canada app.
- Categories
- Technology
- Region
- North America
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Indians will soon be able to make transfers between digital wallets, thanks to the government
Digital wallets such as Paytm and MobiKwik are set to become inter-operable as Reserve Bank of India (RBI) prepares to open up the Unified Payment Interface platform for them as part of the government’s digitisation campaign.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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