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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
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Press release: MoneyGram Launches Money Transfer Service to all Mobile Wallets in Ghana
"This is an important milestone for MoneyGram in Ghana as we're now offering real-time, seamless service to our customers and giving them more choices about how to receive their funds – at a physical location, directly to a bank account or a mobile wallet," said Grant Lines, MoneyGram's chief revenue officer. "Giving consumers the flexibility to choose between digital and cash pick-up is, and will continue to be, a competitive advantage for the company."
- Source
- Press release
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press release: Airfox Partners with Brazilian Retail Giant on Mobile Blockchain Financial Services
Airfox offers a mobile digital wallet that is already accessible in the Brazilian market nationwide and will eventually also be available in other emerging markets. This new collaboration allows Airfox to extend its mobile digital wallet to Via Varejo's national customer base and drive mainstream adoption.
- Categories
- Finance
- Region
- Latin America
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Mastercard partners with Vodacom to introduce first online card in Tanzania
The virtual card will allow M-Pesa mobile wallet holders to make payments on any local or international website or app where Mastercard is accepted for payment, without the need for a bank account or credit card.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Interest in Cryptocurrencies on the Rise in Latin America
In hyperinflation-crippled Venezuela, privacy-focused cryptocurrency Dash is rising in popularity among locals with some 200 merchants and thousands of wallet downloads per month.
- Categories
- Finance, Technology
- Region
- Latin America
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New Blockchain Mobile Wallet Launched in Africa
Kora, the largest blockchain project out of Africa, has launched a new wallet that aims to provide access to low cost financial services to populations that have historically had little to no access to them.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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A two-day crash in Zimbabwe’s mobile money system shows the vulnerabilities of going cashless
Although mobile money has become the leading transaction platform in Zimbabwe, its weaknesses came into focus this week after the dominant EcoCash network in Zimbabwe went down for two days, and left many consumer businesses floundering in an already difficult economy.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Global fintech investors team up to promote responsible digital finance
While the opportunities have increased, so too have the risks surrounding digital financial services for investors, investees, customers and wider digital ecosystems across markets and regions.
- Categories
- Finance
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