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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
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Coronavirus Is Triggering Deep Digital Change in African Fintech
In a bid to curb the spread of the virus, the World Health Organisation has been cautioning against the use of hard currency and encouraging the use of digital payments. This move has prompted African governments and regulators to enforce measures aimed at facilitating more cashless transactions.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Where to Invest in Africa in the Face of COVID-19
As Africa heads towards recession, it’s not easy to know where to invest. Akinyi Ochieng and Isaac Kwaku Fokuo, Jr. highlight three areas that are likely to fare better during the downturn
- Categories
- Coronavirus, Investing
- Region
- Sub-Saharan Africa
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Viewpoint: COVID-19 Is a Call to Action for Regulators to Boost Financial Inclusion
Mobile money transfer and global remittance firms such as Chipper Cash and WorldRemit are particularly vital for migrants who rely on these services to send money home for essentials such as school fees, medical costs or groceries. As the services are increasingly available through mobile devices, they are a particularly efficient instrument in the push toward financial inclusion and the achievement of several UN Sustainable Development Goals.
- Categories
- Coronavirus, Finance
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