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Viewpoint: What the gig economy can learn from the mistakes of microfinance
When the global financial crisis of 2008 struck, MFIs were largely unscathed, because their success was not tied to synthetic derivatives in London or Hong Kong, but rather hard-working, entrepreneurial individuals striving daily to build good businesses and provide for their families.
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Uber rival Grab acquires Indian startup to bulk up its mobile payment platform
The deal — which is undisclosed — will see iKaaz’s engineering team join the Bangalore-based engineering office which Grab opened last year. The firm declined to say how many new recruits are moving over from iKaaz, but a spokesperson disclosed that Grab currently has 75 engineers in Bangalore with plans to grow the number to 200 before this year.
- Categories
- Inclusive Fintech, Technology
- Region
- Asia Pacific
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Uber rival Go-Jek drives payments push with acquisition of three fintech start-ups
Go-Jek said the acquisition move would bolster its activity in both online and offline payments, as well as increase engagement in the financial services in Indonesia. Go-Jek's mobile payments service Go-Pay is one of the most popular payment platforms in Indonesia.
- Categories
- Inclusive Fintech
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Uber sees India development centers driving global innovations
“India is one of our key development centers and we have a strong commitment here. We have lots of innovation coming out of here (India) for the Indian market but also for the entire world, the most prominent one being cash. Cash is used (to pay for rides) in many countries now,” Uber global head of product Daniel Graf said.
- Region
- South Asia
- Tags
- India, mobile applications, technology, Uber
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OPINION: African Tech Startups Need Changes In Venture Capital To Embolden Them
Silicon Valley remains the global hub for the tech revolution. But it is finding friendly competition in tech hubs across the African continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- Africa, investment, Kenya, M-Pesa, startup, technology, Uber, venture capital
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