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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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Uber enables mobile money payments for partner drivers in Ghana
The feature will enable mobile money payments for partner drivers in Ghana. The taxi-hailing platform said it will not remove other payment methods.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Why Fintech May Be the Future of Ridehailing for Grab, Uber
Grab, a Singapore-based company whose app allows customers to order taxis, cars, and even motor bikes on-demand, has recently expanded into mobile payments. GrabPay—once just a way for passengers to pay their driver digitally with their phones—debuted in November to other merchants and small businesses that can now use the product to accept mobile payments.
- Categories
- Finance
- Region
- Asia Pacific
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Top 7 African taxi-hailing apps giving Uber a run for its money
Regulators in other countries continue to shun Uber but the company continues to lead the market in Africa since its entry in 2013.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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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
- Finance, 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
- Finance
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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
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