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Tech Giants Fight for Slice of Mobile Money Billions
The recent news that Google is partnering with Citigroup and the Stanford University Credit Union to launch Cache, a mobile payments service could be a game-changer for the financial technology sector.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, mobile finance
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A Country May Issue a Digital Currency in 5 Years
A new report says national digital currencies could mean greater financial inclusion, less financial crime and more efficient cross-border transmissions.
- Categories
- Finance
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Press Release: Bamboo Capital Partners Backs Amartha, a P2P Lending Platform for Micro-Entrepreneurs in Indonesia
Founded in 2010 by Indonesian entrepreneur Andi Taufan Garuda Putra, Amartha started as a microfinance institution before pivoting into Fintech P2P lending in 2016. Amartha’s mission is to connect aspiring unbanked micro-entrepreneurs in rural areas experiencing difficulties finding working capital with online lenders interested in making profitable, impactful investments.
- Categories
- Uncategorized
- Region
- Asia Pacific
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China Investors Back Africa-Focused Fintech Startup
OPay, located in Lagos, was incubated in 2018 by Opera, a Norway-based and Chinese-controlled online consumer icompany. OPay provides consumers with a wide range of services including mobile payments and transfers, ride-sharing and food delivery.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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Interswitch Partners with Visa to Promote Financial Inclusion Across Africa
“Sub-Saharan Africa is the fastest-growing payments market in the world, with growth driven by a young and dynamic population, rapidly evolving consumer behaviour, and an increasing desire for payment solutions that can be accepted across the continent and abroad.”
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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India’s Financial Services Firm Paytm Raises $1B
Paytm mobile wallet enables users to transfer money to each other, pay for food delivery and clear utility bills, buy train and movie tickets as well as secure small loans.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital finance, fintech, startups
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Will Artificial Intelligence Become The Future Of Fintech In India?
About 32% of financial service providers are already using AI technologies like predictive analytics, voice recognition among others, according to joint research conducted by the National Business Research Institute and Narrative Science.
- Categories
- Technology
- Region
- South Asia
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Everything You Need to Know About African Fintech Right Now
Africa is home to the world’s youngest labor force, and a rapidly growing rate of mobile phone use. Providing essential financial services to this market has major potential—and global investors, from Silicon Valley venture capital firms to international finance institutions, are taking notice and backing African fintech companies.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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