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Women Are Paying More for M-Pesa: A Gender Analysis of Mobile Money Fees in Kenya
The cost of using financial services is a key barrier to their adoption and use in low- and middle-income countries — and when it comes to mobile money transactions via M-Pesa in Kenya, those costs are greater for women, according to a recent study. Bryan Pon at Caribou Data shares details about the study's findings, and explains how understanding these gender differences could illuminate some of the obstacles women face when using digital financial services – and help inform policy or system design approaches that could address these challenges.
- Categories
- Finance, Technology
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Flutterwave Has Raised $170 Million With a Bid to Connect Africa’s Digital Payment Landscape
Flutterwave, an Africa-focused payment technology company, has raised $170 million in a Series C round, positioning itself to further connect and capitalize on the continent’s thriving yet highly fragmented digital payment landscape.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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How Mexico’s Central Bank Plans to Move Payments to Digital
In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike.
- Categories
- Technology
- Region
- Latin America
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WhatsApp Begins Rolling Out Payment Service in India
Facebook-owned WhatsApp finally receives regulatory approval
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: Thunes Raises $60 Million in Series B Funding To Accelerate Global Growth
Helios Investment Partners leads Series B financing round, as cross-border payments volume in emerging markets is expected to grow to US$45 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Telenor Microfinance Bank Receives $45m Equity Injection To Continue Its Growth on Digital Strategy
Telenor Microfinance Bank, the first scheduled microfinance bank of Pakistan and the operator of the country’s leading digital payments platform Easypaisa, has received an investment of $45 million from its shareholders Telenor Group and Ant Group Co., Ltd. (Ant Group).
- Categories
- Investing, Technology
- Region
- South Asia
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U.S.-Based Fintech Venio Launches Developing World-Focused Smartphone App to Make Nano Loans
The app is the first-ever smartphone-based nano lending service for developing countries, Venio said in a statement.
- Categories
- Coronavirus, Finance, Technology
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How Africa’s Biggest Telecom Companies Are Diversifying Their Revenue Streams
Over the last few years, Africa’s biggest telcos have been diversifying their revenue away from voice services. But the pandemic shows they still have more to do.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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