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Nigerian Fintech Startup Lands $1.3 Million in Investments
Nigerian fintech startup Paystack, announced today that it has closed in on $1.3 million in seed investment.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Nigeria planning to create 3 million new jobs by 2025 from digital financial inclusion
Nigeria is planning to create three million jobs by 2025 from digital financial inclusion according to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. Emefiele said this would be achieved when there is increased adoption of digital financial services, adding that a 90% reduction in the cost of providing financial services is a further goal.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenyan Banks Are Closing in on What They Think Will Be the Perfect M-Pesa Disruptor
Early next year, Kenyan banks are expected to unveil a digital and mobile money transfer platform to rival M-Pesa’s longstanding dominance as the scramble for cashless payments intensifies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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India’s Largest Mobile Wallet App Disappears From the App Store
With new users comes new responsibilities. India’s largest mobile wallet app is quickly realising this in both good and hard ways.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Amazon Launches Amazon Pay Balance in Bid to Increase Cashless Transactions in India
Amazon India on Friday launched its online wallet Amazon Pay Balance, in a bid to increase cashless orders.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Digital Payment Startups in India Unaware of High Security Risks
As India embraces a cashless economy, there has been a sudden spurt in new mobile wallet companies — but most of these start-ups are setting up digital shops without knowing the cyber risks involved, a top executive from US-based cyber security firm FireEye has emphasised.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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How Paytm is brazenly piggybacking on banks and telcos in India
It should be galling for telecom service providers like Airtel and Vodafone to find Paytm (used as a metaphor for mobile wallet service providers) using the mobile numbers of their customers to provide mobile wallet services to them.
- Categories
- Technology
- Region
- South Asia
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Tanzania: 86% Are Financially Included, a New Twaweza Study Says
The number of Tanzanian adults who have access to financial services has increased to 86 per cent compared with 16 per cent recorded in 2009, a new study reveals.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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