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Kenya’s PesaKit Launches App-Based Platform for Mobile Money Agents in Kenya
PesaKit has announced the public launch of its app-based platform for mobile money agents, available on Android.
- Categories
- Finance, Technology
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Necessity Is the Mother of Disruption: How Indonesia’s Fintech Startups Can Survive the Do-Or-Die Situation of COVID-19
Indonesia is a silent giant in the startup ecosystem, with over 2,200 startups nationwide – many in the fintech sector. However, with the onset of COVID-19, this progress is at risk of dissipating. Anshul Saxena and Sheila Teta Carina at MicroSave Consulting recommend several measures that can help sustain fintech startups' momentum during the pandemic.
- Categories
- Coronavirus, Finance, Technology
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Reserve Bank of Zimbabwe Reins in Mobile Money Companies
The Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya has ordered mobile money companies to immediately stop registering multiple individual wallets which are being used as conduits for bypassing regulatory transaction limits by illicit money dealers in its latest mid-term monetary policy statement released today.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Lana Has Launched in Latin America To Be the One-Stop Shop for Gig Workers’ Financial Needs
Lana, a new startup based in Madrid, is looking to be the next big thing in Latin American fintech.
- Categories
- Finance, Technology
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The Game-Changing Potential of a Regulatory Sandbox: Why Creating a Safe Space for Digital Innovation Is a Necessity for Financial Inclusion in Bangladesh
While Bangladesh has made notable progress in accelerating financial inclusion, around 50% of Bangladeshis still remain unbanked. As Jakirul Islam at Bank Asia points out, this highlights a need for more technological disruption – and more regulatory innovation. He explores the potential of a “regulatory sandbox” approach, in which the government provides a safe harbor for businesses to test inventive new products, services and business models.
- Categories
- Finance, Technology
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Mastercard Accelerate Ignites Next Generation of Fintech Disruptors and Partners To Build the Future of Commerce
11 companies join the Start Path startup engagement program; nearly 50 new deals signed to Engage network to help customers make growth ambitions a reality.
- Categories
- Finance, Impact Assessment, Investing, Technology
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Press Release: Apollo Fintech Announces Completion of the First Blockchain National Currency Platform
Blockchain company Apollo Fintech is announcing the completion of its National Payment Platform (NPP), an innovative cashless system that enables a central bank to issue a sovereign, digital currency (stablecoin) for national adoption.
- Categories
- Finance, Technology
- Tags
- blockchain, fintech
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Why Mobile Money Growth Remains Stunted in Nigeria
The Central Bank of Nigeria (CBN) published the Financial Inclusion Strategy (FIS) setting financial inclusion target of 80 percent realisation this year. Due to challenges within the system, the apex bank revised it last year to 95 percent by 2024. Mobile money, a veritable tool for achieving this ambitious goal, remains in the limbo because of certain factors.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa