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Four Stories of Financial Exclusion: How Identity Barriers are Blocking Financial Access for Refugees and Other Vulnerable Groups
Venezuela's emigration crisis has reached epic proportions. And according to Anjali Ramachandran at Storythings, among the millions who have fled the country, countless people lack financial access because they struggle to prove their identity. She highlights the stories of refugees and others whose lives could be improved by alternatives to traditional ID requirements.
- Categories
- Finance
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South Sudan’s M-Gurush Joins Mobile Money Remittance Business
The launch of this remittance service comes at a time where digital money transfer services such as mobile money and electronic banking are being supported by various governments as a way to curb the spread of COVID-19.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Mobile Marketing Experts Show How Fintech Apps Will Emerge Fighting Fit From The Covid-19 Crisis
Interest in and comfort with mobile finance was strong ahead of the crisis, with the sector showing an impressive growth trajectory that started last year.
- Categories
- Coronavirus, Finance
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African Fintech Firm Flutterwave launches SME E-Commerce Portal
The service will start in 15 African countries and the only fees Flutterwave will charge (for now) are on payments. Otherwise, it’s free for SMEs to create an online storefront and for buyers and sellers to transact goods.
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, fintech, startups
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Catalyst Fund Welcomes Four African Investors Into Its Exclusive Fintech Fold
The six will join Catalyst Fund’s Circle of Investors, a collaborative, global community of investors committed to backing inclusive fintech startups.
- Categories
- Finance
- Tags
- accelerators, fintech, startups
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Visa and Kenya’s Safaricom Partner on M-Pesa, Payments and Tech
The arrangement opens to M-Pesa’s own extensive financial services network in East Africa Visa’s global merchant and card network across 200 countries.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Mobile Money Interoperability in Ghana Goes up by Over 350% in the First Quarter of 2020
The money transfer across different mobile networks, which is referred to as Mobile Money Interoperability (MMI), has increased by 358% in the first quarter of 2020.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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How Software-as-a-Service is Helping Digitize Latin America’s Small Businesses
The software-as-a-service (SaaS) business model is allowing small businesses around the world to compete with larger firms at a fraction of the cost. However, as Greg Mitchell at Angel Ventures points out, in markets like Latin America, the rise of SaaS has been slow and difficult. He explores how that dynamic is changing, and how SaaS is boosting the region's small businesses.
- Categories
- Technology