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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
- Inclusive Fintech
- 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
- Inclusive Fintech
- 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
- Inclusive Fintech
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MTN Ghana makes history with first mobile money-based IPO
The IPO is the largest ever undertaken by the country and if successful could set the stage for other companies to test the market.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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Advances and lessons learned from BIM, Peru’s first mobile money wallet
BIM recently announced its plans to launch new services in the second half of 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings, loans, and microinsurance.
- Categories
- Inclusive Fintech
- Region
- Latin America
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A Test Case for Digital Leap-Frogging: What the Financial Inclusion Community Can Learn from Vietnam
With its rapid economic expansion, large unbanked population, high mobile penetration and progressive regulations, Vietnam has the potential to leap-frog over brick-and-mortar banking and arrive directly at the forefront of digital finance. Krishna Thacker of MetLife Foundation in Asia profiles an emerging innovator in the country's mobile payments space, and explores lessons learned in driving the uptake of digital financial services.
- Categories
- Inclusive Fintech, Technology
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China’s VC firm LUN Partners leads $4.5m Series B in fintech firm MFS Africa
The funding round makes MFS Africa, operator of the largest digital payments network in Africa, the first African fintech company to receive funding from a China-based VC, according to a statement released on Wednesday.
- Categories
- Inclusive Fintech, Investing
- Region
- Sub-Saharan Africa
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MyBucks and Naga Group Team Up to Bring Cryptocurrencies to Emerging Markets
Fintech firms MyBucks and the Naga Group have announced a new partnership to implement Naga’s cryptocurrency wallet within MyBucks’ client interface and existing mobile wallet, enabling some 1.5 million users across Africa, Australia and other countries to manage, send and receive cryptocurrencies.
- Categories
- Inclusive Fintech, Technology
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