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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
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Viewpoint: African Innovators Not Hitting Pause During COVID
Innovations in healthcare, online learning and fintech continue in Africa during the pandemic, Lydiah Bosire writes.
- Categories
- Coronavirus, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Asian Fintech Firm TrueMoney Partners With Thunes, a Global Cross-Border Payment Network, to Expand Its Global Remittance Services
The partnership will transform the way people pay, send, and receive money in SEA, enabling TrueMoney's 58 million users to receive remittances across 100 countries.
- Categories
- Finance, Technology
- Region
- South Asia
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Viewpoint: Fintech Innovators Can’t Let the Coronavirus Derail Financial Inclusion
Many of us take it for granted, but accessing basic financial services is fundamental to our economic and social development. It is hard to "get on" if you are forced to hide life savings under the mattress, or rely on predatory loan sharks for credit.
- Categories
- Coronavirus, Finance, Technology
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Analysis: Why Cash Transfers Are an Efficient Method of Reducing Food Insecurity
With high levels of mobile phone and internet penetration, coupled with advanced digital technologies in the financial sector, Kenya has favourable conditions for cash transfers to the most vulnerable populations. However, corruption and lack of reliable data on beneficiaries can derail efforts to make all Kenyans food secure during and after the COVID-19 pandemic.
- Categories
- Agriculture, Coronavirus, Finance
- Region
- Sub-Saharan Africa
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U.S.-Based Fintech Venio Launches Developing World-Focused Smartphone App to Make Nano Loans
The app is the first-ever smartphone-based nano lending service for developing countries, Venio said in a statement.
- Categories
- Coronavirus, Finance, Technology