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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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Viewpoint: Why Mexico’s Fintech Sector Will Be One to Watch in 2020
Mexico has become a regional leader with more than 273 fintech ventures operating in the country. Over the past year, many of Mexico’s fintechs have also attracted significant investment.
- Categories
- Finance
- Region
- Latin America
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The Latest Marker of Chinese Interest in African Fintech Is a $120 Million Funding Round for OPay
Notably, OPay’s round follows on the heels of another major funding round by Chinese investors in an African-focused fintech startup after PalmPay raised $40 million in a seed round from Shenzhen-based Transsion Holdings, the top selling phone maker in Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: MoneyGram and Wing to Launch a New Mobile Wallet Service in Cambodia
Under this partnership, MoneyGram customers can remit and receive money conveniently via Wing Money mobile app. Customers also have the option to cash out using any of 7,000 WING cash Xpress outlets in Cambodia.
- Categories
- Finance
- Region
- Asia Pacific
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PalmPay launches in Nigeria on $40M round led by China’s Transsion
Africa-focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed round led by Chinese mobile-phone maker Transsion. The investment came via Transsion’s Tecno subsidiary, with participation from China’s NetEase and wireless comms hardware firm Mediatek — a Transsion spokesperson confirmed to TechCrunch.
- Categories
- Technology
- Tags
- fintech
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