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Kenya’s Mobile Finance Revolution Takes the Next Steps: Two new developments go far beyond mobile money
Kenya’s mobile finance market is evolving, and for the country’s leading financial services players, that evolution has been a profitable one. But beyond M-PESA’s remarkable payments revolution and the continued growth of M-Shwari’s mobile banking services, there are two other important developments in the Kenyan market. MicroSave founder Graham Wright discusses their impact.
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Twitter Top 10 – 5/10/15
It’s Mother’s Day in the U.S., and we’ve put together a selection of tweets that anyone’s mother would love (assuming she’s involved in social enterprise or global development). This week’s tweets include case studies for impact investors, disturbing development’s on India’s financial inclusion front, and our usual array of resources and insights (along with some interesting gift ideas for mom.)
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- Agriculture, Health Care
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MTN Rwanda partners with government to let taxpayers pay their taxes using mobile money
MTN Rwanda has partnered with Rwanda Revenue Authority (RRA) to offer taxpayers an easier way to pay their taxes using the MTN Mobile Money platform.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Alibaba enters into strategic partnership with Indian mobile wallet company Paytm
Through its marketplace AliExpress, Alibaba has entered into a strategic tie-up with Indian mobile wallet company Paytm.
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- Uncategorized
- Region
- South Asia
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10 Key Takeaways from the 2014 Global Findex Survey: Highlights from the World Bank’s treasure trove of financial inclusion data
How many adults in the world have a bank account? How do people save, borrow, and manage financial risk? How is mobile money shaking up the financial inclusion world? The World Bank’s newly released Global Findex attempts to answer those questions, drawing from a database of 800 indicators, based on surveys with almost 150,000 people in 143 economies. CGAP presents 10 takeaways from the report.
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- Education
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How The Internet of Everything Is Helping ‘Unbanked’ Citizens Around the World
In the future, if every device is connected to the Internet, what kind of life will those who are financially excluded have?
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- Technology
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Mobile Money Amplified: Mondato Summit Africa to discuss the continent’s digital future in Johannesburg on June 2 – 3
A second generation of mobile financial tools and providers looks set to transform Africa’s economies. But while the outlines of Africa’s digital future may be faintly discernible, the substance is far from clear. Mondato Summit Africa, on June 2 - 3 in Johannesburg, South Africa, will seek to identify the key issues that will shape the evolution of African mobile commerce & finance in the years ahead.
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‘Mobile money is not the only option in Sub Saharan Africa’
Mobile money platforms may have taken root in Sub Saharan Africa but they are not the only innovation disrupting the financial services sector in the region, with new technology-based finance platforms also seeing rising uptake, experts say.
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- Uncategorized
- Region
- Sub-Saharan Africa