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Press Release: Mastercard and Egabi Collaborate to Expand Access to Digital Lending Solutions Across Eastern Europe, Middle East, Africa
Mastercard will activate egabi’s digital-lending capabilities and assets to provide an end-to-end lending proposition to financial institutions and fintech companies.
- Categories
- Finance, Technology
- Region
- Global
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Funding Announced for African E-Commerce and Fintech Initiatives
The African Development Fund and the Smart Africa Alliance have jointly launched a US$1.5 million project to streamline digital trade and e-commerce policies across 10 African countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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The African Development Bank Secures $525,000 Grant to Strengthen Fintechs in Africa
The Africa Fintech Hub is an online portal that would serve as a one-stop shop for all fintech activities in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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aYo Launches Affordable Microinsurance in Cameroon
African insurtech aYo Holdings has launched its operations in Cameroon with innovative insurance products that offer local consumers affordable accident and death cover.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Payment Orchestration Fintech IXOPAY Teams Up with Latin America’s EBANX
The partners will focus on providing access to local payment solutions for global brands and to consumers.
- Categories
- Finance, Technology
- Region
- Latin America
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Flexiloans Set To Raise $75 Million To Grow SME Loan Book
Flexiloans.com, an online lending platform for SMEs is growing its loan book.
- Categories
- Investing
- Region
- Global
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Forget about Mobile Money, Invest in Insurtech Instead: The Untapped Triple Bottom Line Opportunity in Nigeria
Nigeria has one of the lowest insurance penetration rates in the world, at just 0.5%. But as Brian Yu at Shecluded explains, this low uptake means the industry is poised for disruption and growth. He explores how insurtech innovators are addressing the key problems plaguing the sector — namely, a lack of accessibility, affordability and customer trust — and calls for funders to look past their traditional focus on mobile money and invest in the insurtech businesses that are transforming the way the industry serves low-income customers.
- Categories
- Finance, Investing, Technology
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ZestMoney Set to Lay Off Around 100 Employees After Acquisition Deal With PhonePe Falls Through
According to reports, the fintech company will trim its workforce by around 20% as part of its business continuity and survival plan.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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