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Light Microfinance Secures $10 Million from Three European Impact Investors
The investment will support multiple technology interventions like an AI-driven analytics platform and mobile applications.
- Categories
- Investing
- Region
- Asia Pacific
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PayMaya Owner Voyager Innovation Raises $167 Million from KKR, Tencent and IFC, to Launch Digital Bank in the Philippines
Voyager Innovations, the Manila-based owner of PayMaya, one of the Philippines’ most popular payment and financial services apps, announced new funding to launch more financial services.
- Categories
- Finance, Technology
- Region
- South Asia
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Improving COVID-19 Vaccine Distribution Around the World: Leveraging Partnerships and Technology to Optimize Medical Supply Chains
Effective vaccine distribution is key to overcoming the COVID-19 pandemic in low- and middle-income countries. Similar vaccination efforts for routine childhood diseases have been widely successful, but targeting an adult population presents unique challenges, say Wade Warren at Deloitte Consulting and Marian W. Wentworth at Management Sciences for Health. They explore four challenges that vaccine distribution efforts will face – and four tried-and-proven ways to improve the process.
- Categories
- Coronavirus, Health Care
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Chat for Impact Summit Powered by WhatsApp Names Final 10 Social Justice Organizations to Join Impact Accelerator
A panel of five independent judges has selected the 10 organizations that will join the Chat for Impact Summit’s Accelerator, enabling each one to build and launch a WhatsApp messaging service that enhances their work to advance social justice and equality.
- Categories
- Technology
- Region
- Global
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Nigeria’s Gokada Launches Super App, Passes $100 Million in Annualised Transaction Value
Gokada has evolved to become a leading food delivery, parcel delivery, and last-mile e-commerce fulfillment solution.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Addressing Predatory Lending Apps: Lessons From the Regulatory Response in Indonesia, India and the Philippines
Digital lending apps have provided financial inclusion to many in emerging markets, but complaints about predatory practices have been surging over the last two years. Financial inclusion and consumer protection consultant Hema Bansal explains how misleading marketing, inadequate disclosure of pricing, terms and conditions, and inappropriate collections practices have led to new regulatory responses in Indonesia, India and the Philippines. She shares which of these steps have proven effective — and where there is still room for improvement.
- Categories
- Finance, Technology
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Yalo Raises $50 Million to Build ‘C-Commerce’ Services for Chat Apps Like WhatsApp
Facebook has long been working on raising WhatsApp’s profile as a channel for businesses to interact with (and sell to) their customers.
- Categories
- Investing, Technology
- Region
- Global
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Indonesia’s Internet Start-Ups Gojek and Tokopedia Announce Merger
Indonesia ride-hailing and payments firm Gojek on Monday announced its merger with e-commerce player Tokopedia to form the GoTo Group.
- Categories
- Finance, Technology
- Region
- South Asia
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