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The Newly-Launched Uber Cash Is the New Nightmare for Uber Drivers in Africa
Five days ago, global ride-hailing giant, Uber, announced the addition of a new payment feature to its app for users in Africa. However, this is the sort of development that would’ve gotten Uber drivers bummed as much as it got Uber and its users pumped.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uber Africa launches Uber Cash with Flutterwave and explores EVs
Uber is launching its Uber Cash digital wallet feature in Sub-Saharan Africa through a partnership with San Francisco-based — Nigerian-founded — fintech firm Flutterwave.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Uber Announces Deeper Push Into Financial Services With Uber Money
The emphasis, at first, will be expanding Uber’s efforts to give its 4 million-plus drivers and couriers around the world access to a mobile bank account so they can get paid after each ride. Under pressure to turn a profit amid competition from new ride-sharing entrants around the world, Uber is betting that by building out its financial ecosystem, it can keep drivers and riders loyal to its platform.
- Categories
- Finance
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Uber Thinks Its Data Can Solve Nairobi’s Epic Traffic Jams
With more than 4.5 million people, traffic congestion in the Kenyan capital can be maddening, especially during peak hours. Rapid urbanization, a rise in the number of car owners, poor infrastructure, and an ad-hoc system of colorful matatu busses are jamming up the city’s streets, making them dirtier and deadlier than ever before.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Uber Is Pivoting to Fintech, Something Asian Startups Have Been Doing for Years
The fintech pivot has been important part of the playbook for Asian ride-hailing companies for years. India’s Ola made fintech a priority in 2015 after spinning out its payment service, Ola Money, into a standalone app, according to Tech Crunch. Indonesia’s Go-Jek started its Go-Pay service in 2016, while Malaysia’s Grab made a major push into fintech two years ago.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Grab vs. Go-Jek: Inside Asia’s Battle of the ‘Super Apps’
In Southeast Asia, the super-app model is evolving more rapidly than anywhere else in the world.
- Categories
- Technology
- Region
- Asia Pacific
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Can India’s largest electric vehicle maker short circuit Ola and Uber’s smooth ride?
After years of a virtual duopoly, the Indian app-based ride-hailing market is witnessing a disruption of sorts. So what exactly does last month’s launch of Mahindra & Mahindra’s (M&M) Glyd mean for incumbents Ola and Uber?
- Categories
- Technology
- Region
- South Asia
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Uber, JUMO partner to roll out vehicle finance platform
According to a statement released by JUMO, the product has been successfully piloted in Kenya, with the intention to expand the offering across Sub-Saharan Africa in 2019.
- Region
- Sub-Saharan Africa
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