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Facebook launches Instagram Lite — a stripped-down version of the app for emerging markets
Instagram Lite is aimed at emerging markets which typically are dominated by lower cost Android devices. Users in these countries have limited data plans and that's where Lite versions of apps become important.
- Categories
- Technology
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One of World’s Fastest Growing FinTech Startup Launches Its First Engineering Hub in India
Tala plans to build India as the hub for its Asian operations, and the Bangalore team will play an integral role in executing Tala’s vision for the market in the region.
- Categories
- Inclusive Fintech
- Region
- South Asia
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Press release: Telenor Microfinance Bank and Mastercard to boost cashless payments in Pakistan
The innovative and cost-effective solution, which first went live in Pakistan in August 2016, makes it easy for customers to pay for purchases for a wide variety of goods and services.
- Categories
- Inclusive Fintech
- Region
- South Asia
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Press release: Impact Terra secures nearly USD 3.0 million to digitize smallholder farming
Impact Terra, the Myanmar based agriculture and fintech social enterprise, today announced that it has secured nearly USD 3.0 million in funding to lead the digitization of smallholder farming. Its support includes a grant from the Geodata for Agriculture and Water (‘G4AW’) facility and a grant from venture philanthropy organization Leap201.
- Source
- Press release
- Categories
- Agriculture, Inclusive Fintech
- Region
- Asia Pacific
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Women’s Financial Inclusion: What the Gallup World Poll Tells Us
Recently released data from the 2016 Gallup World Poll paints an updated picture of women’s phone ownership across more than 140 economies and 97 percent of the world’s adult population. This new data shows that, in fact, 81 percent of women worldwide own a mobile phone, with women’s ownership rate in the developing world as high as 80 percent.
- Categories
- Inclusive Fintech
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Google’s Tez payments app now lets users handle their utility bills and more
Google’s Tez payment service in India has gotten a major update that allows users to pay their utilities and other bills via the app.
- Categories
- Inclusive Fintech
- Region
- South Asia
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What’s Driving India’s Fintech Boom?
An explosion of smartphone users and a world-class digital infrastructure are fueling the rapid growth of fintech in India. But innovating for low-income groups remains a challenge.
- Categories
- Inclusive Fintech
- Region
- South Asia
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WhatsApp is hurting mobile revenue growth in Africa—and telcos want to fight back
Unlike in more advanced markets, phone operators in sub-Saharan Africa are still investing in adding voice users which along with SMS text messages drives the majority of revenue. The region is expected to add another 100 million subscribers in the next three years. This is all happening as smartphone penetration and mobile-data networks also grow—and with more users starting to use apps like WhatsApp, Messenger and Skype.
- Categories
- Inclusive Fintech
- Region
- Sub-Saharan Africa
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