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Accion Looks to Double India Investment in Fintech Cos to $50 Million
Accion, the global nonprofit focusing on the financial inclusion space, is looking to double its exposure to India in the coming years from the current $25 million (Rs 167 crore).
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Fintech isn’t disrupting Africa’s financial industry—it’s building it
African fintech is not disrupting the existing financial service providers. This is because, in many areas of the continent, there is nothing to disrupt, with large swathes of the low and lower middle income segments unserved or under-served when it comes to formal financial services.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Looking beyond the hype at fintech in Southeast Asia
From the offices of Venture Capital firms to the financial services districts, you may not be able to escape the promising whispers of fintech startups. Take a structural shift to mobile, an ever decreasing cost of computing power, the availability of lots of (big!) data, mix in one part artificial intelligence, one part distributed ledgers and we have the perfect recipe for how technology will change the face of banking and insurance forever.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, venture capital
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Why Zimbabwe Blocked MTN And Safaricom From Entering Local Market
The Zimbabwean government deliberately blocked the entry of South Africa’s MTN Group and Kenya’s Safaricom into the nation’s telecoms space in order to shield local operators from bigger international firms and promote their organic growth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Report: Growth of FinTech in Africa Set to Challenge Financial Providers
The FinTech sector in Africa is poised for exponential and rapid growth that will challenge existing financial services providers, despite the fact that it is in the early stages of adoption relative to the rest of the world. According to recent Frost & Sullivan analysis, the FinTech industry in Africa may experience a similar disruption seen in Australia, a country with financial services development comparable to South Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Jack Ma takes on murky China charities in first blockchain foray
Chinese billionaire Jack Ma wants to pry the lid off China's opaque charities. Ant Financial, the affiliate of Alibaba Group Holding Ltd he controls, is using the technology behind bitcoin to record transactions and improve the accountability of the country's philanthropic organisations.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- blockchain, fintech, philanthropy
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The rise and rise of Mexican fintech
The financial services space ticks all the right boxes entrepreneurs look for when launching a company: hard to solve problems, meaningful impact, transformational technologies, clear business models and a solid financing environment.
- Categories
- Technology
- Region
- Latin America
- Tags
- fintech, venture capital
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Meet The Man Championing FinTech In Africa
South African-born Dave van Niekerk is the founder and CEO of MyBucks, a fast-growing African Fintech company that successfully delivers seamless financial services to banked and ‘unbanked’ consumers alike using next-generation technological platforms.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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