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Weekly Roundup – The Indispensable Platform: The growing importance of mobile access to businesses that serve the poor
With over 50 percent of people in the developing world having access to a cell phone, mobile access has become an indispensable platform for businesses and services focused on the BoP. We discuss its impact and potential in this week’s Roundup.
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- Agriculture, Education, Energy, Impact Assessment, Technology, Telecommunications
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The Newest Player in Mobile Money Is a Bakery
This morning the World Bank hosted a panel on mobile money, the set of phone-based technologies that could bring basic financial services to the world’s poorest people. The surprise panelist was Hortensia Contreras Torres, who runs electronic services for Mexico’s Grupo Bimbo, one of the largest baking companies in the world.
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- Uncategorized
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Tigo partners with 17 banks on cash transfers
TIGO has partnered with 17 major banks in Tanzania to enable its clients send and receive money through transactions between the banks and Tigo Pesa.
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- Uncategorized
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Airtel Money, VIVO Energy Sign Pact to Strengthen Cooperation in 15 African Markets
Vivo Energy, a Shell licensee in 15 African markets, and Airtel Money today announced a collaborative Pan-African agreement to strengthen both companies’ footprints in providing services to their growing customer base.
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- Uncategorized
- Region
- Sub-Saharan Africa
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- mobile finance
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Leveraging Loyalty: How m.Paani is mobilizing BoP consumer behavior for social good – Part 4 of our Digital Finance Plus series
Whether they’re frequent flyer miles or credit card rewards points, loyalty programs are a mutually beneficial way for companies to build relationships with customers. m.Paani is using digital finance tools to take that model in a new direction, by connecting BoP households’ commercial and social behaviors to points that can be redeemed for socially beneficial rewards.
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- Health Care, Impact Assessment, Technology
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Lease-to-Own Energy: Part 3 of our Digital Finance Plus series explores how mobile money is enabling affordable off-grid solar energy solutions
With 1.3 billion living without electricity worldwide, the need for off-grid energy solutions is massive. In Part 3 of our Digital Finance Plus series, Peter Glenn of Fenix International describes how the company uses mobile finance to provide an innovative payment plan that helps make solar energy affordable to people in emerging markets.
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- Energy, Environment
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Mobile money is transforming financial access in Tanzania
Tanzania had envisioned through the National Financial Inclusion Framework of 2011 to have 50 per cent of the adult population having access to financial services by 2016, but it has so far managed to surpass the target, according to a recently released FinScope Tanzania 2013 report.
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Cashing in: why mobile banking is good for people and profit
Using digital finance to tackle development problems can improves lives, and offer innovative companies handsome rewards.
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- Uncategorized