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| Feb 16, 2023 | Top tech startup news for Thursday, February 16, 2023: Adalfi, Binance, Kern AI, Unisers, and YouTube | Good evening! Below are some of the top tech startup news stories for Thursday, February 16, 2023. Susan Wojcicki steps down as YouTube CEO
Susan Wojcicki, one of Google’s first employees, said Thursday that she’s stepping down as the CEO ... |
| Dec 14, 2022 | Visa to invest $1 billion in Africa over the next 5 years to cash in on digital payments boom | Africa has seen an explosion in digital payments over the past five years, thanks to the penetration of smartphone devices on the continent. Research firm Statista estimates that the total value of e-commerce in Africa generated $16.5 billi... |
| Nov 24, 2022 | Blockchain and finance: making the world a more inclusive place? | Share
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How blockchain projects boost the accessibility of financial services globally
The global digital economy is developing unevenly: while first-world countries have entered the final stage of the digital age, man... |
| Sep 15, 2022 | Are You Ready for Emerging Fintech Opportunities? | From digital currencies to non-fungible tokens (NFTs), emerging technologies can streamline workflows, supercharge growth and unlock new streams of revenue. Digital transformation is disrupting nearly every industry, and the financial servi... |
| Jun 30, 2022 | How DAOs Open Doors for the Unbanked | Consider the millions of people in advanced economies who began working remotely for the first time during the COVID-19 pandemic. Tens of thousands of people whose jobs previously limited them to high-cost cities, such as San Francisco or N... |
| Jun 12, 2022 | Texas Feels Like Bitcoin Country (Maybe Because I Was There for a Bitcoin Conference) | Another week. Another conference. Another dose of “wow – Bitcoin sure is cool.” The end of this past week was dominated by CoinDesk’s Consensus Festival, where around 17,000 people descended on Austin, the world’s hottest city (as far as I’... |
| Apr 20, 2022 | Bangladesh emerges as a unique digital financial services market | Faruq, a twenty-something RMG worker living in Dhaka’s outskirts, receives his salary into his Mobile Financial Service (MFS) account, sends money to his mother in the village in less than 5 minutes, pays his corner shop dues, and plans to ... |
| Apr 19, 2022 | What’s Defi And Is It Worth It? Decentralized Finance Explained | In a world where centralized finance is struggling, decentralized economics is taking the reins. Also known as DeFi, this exciting new development is made up of a variety of applications that run on top of blockchain technology.
These appli... |
| Apr 6, 2022 | Mastercard and Commercial Bank of Ethiopia collaborate to transform government services | The Ministry of Innovation and Technology (MINT), Mastercard, and Commercial Bank of Ethiopia have partnered to enable payments through the government e-services portal, which will allow Ethiopians to access and pay for government services ... |
| Apr 4, 2022 | De-risking Nigerian women farmers through innovative insurance | As simple as agriculture appears, it is a risky business. It is more than just putting seeds in the ground and waiting for them to sprout. Currently, the sector has become vulnerable to many risks; it is still recovering from the blow dealt... |
| Feb 25, 2022 | Fintech startup NayaPay secures $13 million to start a digital payments revolution in Pakistan and assist the underbanked citizens and SMBs | Globally, about 1.7 billion adults remain unbanked — without an account at a financial institution or through a mobile money provider, according to data from the World Bank. A large portion of the underbanked is in developing countries.
Ch... |
| Feb 23, 2022 | NayaPay secures $13 million, largest seed funding in South Asia for its messaging and payment app | Pakistan-based fintech platform, NayaPay, has raised $13 million in a seed round to rollout its multi-service messaging and payment app, and to build payment acceptance and financial management tools for businesses in the South Asian countr... |
| Feb 7, 2022 | The rise of digital financial inclusion during the COVID-19 pandemic | When COVID-19 hit, governments rushed to provide financial relief to citizens, often using digital channels to do so. At the same time, social distancing forced people to find alternatives to cash and face-to-face shopping. These shifts fue... |
| Jan 10, 2022 | Future developments in AI could make your credit score obsolete | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today!
This article was contributed by Frederik Bussler,... |
| Jan 10, 2022 | Future developments in AI could make your credit score obsolete | Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more
This article was contributed by Frederik Bussler, consultant and analyst.
Around one in four A... |
| Dec 27, 2021 | Cryptocurrencies Open the Doors to Finance for Unbanked and Underbanked | |
| Dec 13, 2021 | World Bank : Big potential for digitizing wage payments in Cambodia's garment factories | The world is moving to digital payments. They are faster, more secure, more transparent and more efficient than cash.Digital payments can support small and medium enterprises (SMEs) and empower women and youth. The COVID-19 pandemic has acc... |
| Nov 29, 2021 | A Deep Diver Into the Rising Crypto to Fiat Ecosystem | Ernest Hamilton, Tech Times 29 November 2021, 08:11 am
(Photo : A Deep Diver Into the Rising Crypto to Fiat Ecosystem)
One of the major flaws of the global financial system to date remains its inability to bank the entirety of the populatio... |
| Nov 4, 2021 | Rational regulation is key to US competitiveness in the fintech race | Anja Manuel Contributor
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Anja Manuel is the co-founder of Rice, Hadley, Gates & Manuel LLC (RHGM), a strategic consulting firm, and the director of the Aspen Security Forum. She previously served as an American diplomat ... |
| Nov 2, 2021 | Pakistan’s Fintech Ecosystem Gets a Boost | Despite a growing population and a large pool of unbanked, Pakistan has been a relatively slow-mover within the digital finance space, but new opportunities brought about the COVID-19 pandemic and government-led initiatives are expected to ... |
| Oct 26, 2021 | On fintech and financial inclusion | In a world where access to financial services and high-speed broadband internet is not universal or affordable, fintech can democratize access to finance and the world can move closer to achieving financial inclusion.
At the World Bank Grou... |
| Oct 6, 2021 | South Africa Needs To Up Its Game When It Comes To Financial Inclusion For Women | A woman running her stall on Vilakazi Street, Orlando West. Soweto, Johannesburg. Hoberman Collection/Universal Images Group via Getty Images |
| Oct 6, 2021 | South Africa Needs To Up Its Game When It Comes To Financial Inclusion For Women | A woman running her stall on Vilakazi Street, Orlando West. Soweto, Johannesburg. Hoberman Collection/Universal Images Group via Getty Images
The financial gap between men and women is a global problem. It’s a problem because excluding wome... |
| Sep 29, 2021 | Прекрасный безнал будущего. Как (и когда) изменится мир без наличных денег | Возможно, скоро одной из популярных тем для разговоров станет — «А помните были такие, наличные деньги?» Люди будут напрягать память и не понимать, зачем брать в руки невесть где побывавшие (и часто откровенно грязные) кусочки бумаги и мета... |
| Sep 20, 2021 | Cardano promises ‘industry-defining announcements’ at its biggest ever summit | Cardano says it will make some ‘industry defining’ announcements at its huge summit this weekend. |
| Sep 1, 2021 | Experian wins Community Collaboration Award at Asia Corporate Excellence & Sustainability Awards (ACES) 2021 | SINGAPORE, Sept. 1, 2021 /PRNewswire/ -- Experian – the world's leading global information services company – has received the Community Collaboration Award at Asia Corporate Excellence & Sustainability Awards (ACES) 2021. The ACES... |
| Sep 1, 2021 | Experian : wins Community Collaboration Award at Asia Corporate Excel... | SINGAPORE, 1 September 2021: Experian - the world's leading global information services company - has received the Community Collaboration Award at Asia Corporate Excellence & Sustainability Awards (ACES) 2021. The ACES Awards were... |
| Aug 26, 2021 | Matrix Launches Virtual Asset MTF Under Abu Dhabi Regulation | Virtual asset trading platform Matrix, this week launched as the first regulated virtual asset multilateral trading facility (MTF) and custodian under the Abu Dhabi Global Market (ADGM) virtual asset policy framework. It is licensed by the ... |
| Aug 23, 2021 | African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding | Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion.
The round, which marks the fund’s first investment in a... |
| Jul 18, 2021 | Latin America Is The New Frontier For Impact Investing | Sustainable & Impact Investment is making its way around the world, and Latin America (LatAm) is following the leading trends of Europe and other regions. Although traditional investment has significantly improved in the region, it is s... |
| Jul 16, 2021 | Revolut is a step closer to building a fintech superapp with new $800M and a $33B valuation | Company:
Revolut, the fintech neobanking company, closed an $800 Series E round from SoftBank Vision Fund, and Tiger Global Management to continue developing into the first global financial superapp. With the latest investment, Revolut reac... |
| Jul 2, 2021 | Remittance Recipients: Findings on the Greenback Initiative in Morocco | The COVID-19 pandemic shows yet again the important role that remittances play for economic development and poverty reduction. A remittance is money that family members or friends, who live in another country or location, send to loved ones... |
| Jul 1, 2021 | Remittance service Monisnap raises €10 million | According to the World Bank Group, approximately 1.7 billion people, or roughly 22% of the global population do not have a bank account. When you narrow that number down to emerging populations, the figure jumps as high as 75% in some cases... |
| Jun 23, 2021 | Bukele’s Bitcoin Blunder for El Salvador | In the middle of the night of June 8, El Salvador passed a new law making bitcoin legal tender – actually, forced tender. The high priest of El Salvador’s bitcoin evangelicals is none other than President Nayib Bukele. One of his favorite s... |
| Jun 3, 2021 | The Alibaba of SEA? How GoTo Is Shaking Up Fintech in the Region | Has the Southeast Asian startup ecosystem ever witnessed a quarter more exciting than the current one?
We entered the second quarter with Grab’s blockbuster SPAC listing. Valuing the super-app at US$40 billion and being the largest SPAC dea... |
| May 26, 2021 | African fintech OPay is reportedly raising $400M at over $1.5B valuation | Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The fundraising is coming two years after OPay announced two funding rounds in 2019 — $50 million in June and a... |
| May 5, 2021 | Stellar and Visa Join Forces with Fintech Startup to Bank the Unbanked | Financial services giant Visa, the Stellar Development Foundation and payments technology company Circle have all partnered with California-based fintech firm Tala to boost cryptocurrency adoption in emerging markets, according to a May 5 a... |
| Apr 29, 2021 | Why Entrepreneurs Can't Afford to Ignore DeFi | April 29, 2021 5 min read
Opinions expressed by Entrepreneur contributors are their own.
The internet is abuzz with content and conversations surrounding Decentralized Finance (DeFi). This term refers to a blockchain-based form of finance t... |
| Apr 7, 2021 | World Bank : Regulations help explain variations in financial inclusion | More adults are getting access to financial services across the globe-but the pace of progress is highly uneven. According to the latest Global Findex, the share of adults with a mobile money account in Sub-Saharan Africa ranges from the lo... |
| Mar 24, 2021 | DeFi Should Look Beyond Tech Hubs for Growth | When asked to identify the next proving ground of decentralized finance (DeFi), most people would probably point to Silicon Valley, Hong Kong, London or any other high-powered tech hub where innovation is only ever a corner block away. They... |
| Mar 16, 2021 | DeFi Is the New Lemonade Stand | March 16, 2021 8 min read
Opinions expressed by Entrepreneur contributors are their own.
Despite banking services becoming increasingly digital and accessible through mobile devices, there are still 1.7 billion adults without an account at ... |
| Nov 12, 2020 | How Ant’s Suspended IPO Is Related to China’s Digital Yuan | Ant Group’s suspended initial public offering (IPO) has shed further light on a possible motivation behind China’s digital yuan. The Chinese government appears to view the payments giant as a destabilizing force to China’s economy, and the ... |
| Oct 23, 2020 | Money Reimagined: 'They Starve': The Ugly Side of the US' KYC-AML Obsession | At a 2015 blockchain event, Nairobi-based bitcoin pioneer Elizabeth Rossiello answered an audience question about the impact on Somalians of a recent shutdown in remittance inflows after the U.S. government had labeled the country a “high-r... |
| Aug 28, 2020 | Will Decentralized Finance Reach Maturity In This Recession? | getty |
| Jul 17, 2020 | Three industries benefiting from biometrics to fight COVID-19 | The COVID-19 pandemic has accelerated the adoption of biometric technology across industries. From touchless payments at shops and restaurants to reduce the use of cash transactions to biometric-based contact tracing efforts, virtually ever... |
| Jul 1, 2020 | Top Three Data Trends Helping To Transform Lending | B2B Scores VP and GM, leads business development, analytic R&D, product management, marketing and delivery for global FICO score products. |
| Jun 16, 2020 | African payment startup Chipper Cash raises $13.8M Series A | African cross-border fintech startup Chipper Cash has closed a $13.8 million Series A funding round led by Deciens Capital and plans to hire 30 new staff globally.
The raise caps an event-filled run for the San Francisco-based payments comp... |
| Jun 9, 2020 | 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.
The arrangement will allow riders to top up Uber wallets using the do... |
| May 15, 2020 | Money Reimagined: No, Secretary Summers, Financial Privacy Is a Vital Freedom | CORRECTION (30 May 14:14 UTC): A previous version of this story incorrectly spelled Jaron Lanier's name.
It was a provocative way to start the biggest cryptocurrency and blockchain event of the year.
In the opening session of Consensus... |
| May 4, 2020 | Africa Roundup: Visa connects to M-Pesa, Flutterwave enters e-commerce | It seems the demand for Safaricom’s M-Pesa payment product never eases. Since its 2007 launch in Kenya, the fintech app has commanded over 70% of the mobile money market in that country. When COVID-19 hit the East African nation of 53 milli... |
| Apr 30, 2020 | Visa and Kenya’s Safaricom partner on M-Pesa, payments and tech | Visa just connected to Africa’s most powerful mobile payments network. The global financial services company and Kenyan telecom Safaricom — operator of the M-Pesa mobile money product — announced a partnership today on payments and tech.
Th... |
| Apr 27, 2020 | Nigeria’s Okra raises $1M from TLcom connecting bank accounts to apps | A new Nigerian fintech venture, Okra, has racked up a unique mix of accomplishments in less than a year.
The Lagos based API developer created a product that generates revenues from both payment startups and established financial institutio... |
| Apr 22, 2020 | In Nigeria, PalmPay waives fees and creates ₦100M COVID-19 payout fund | Africa-focused payment startup PalmPay will waive transfer fees in Nigeria and offer direct payouts to customers who have contracted COVID-19 in the West African country.
The venture — that launched in 2019 backed by China’s Transsion — has... |
| Apr 8, 2020 | Wuhan Days: What I Learned About Blockchain From Two Months Under Lockdown | Wei Liu is Head of Business Development for DeFiner.org, a peer-to-peer network for digital savings, loans and payments. He is based in Wuhan, China.
For my family and me, the Chinese Lunar New Year in January 2020 marked the beginning of a... |
| Mar 25, 2020 | Africa turns to mobile payments as a tool to curb COVID-19 | Africa is using digital finance as a means to stem the spread of COVID-19.
Governments and startups on the continent are implementing measures to shift a greater volume of payment transactions toward mobile money and away from cash — which ... |
| Feb 19, 2020 | A Look at What’s Fueling Startup Investments in Colombia | The Latin American startup scene is attracting more and more attention and investments. In 2018, venture capital investments in Latin America doubled for the second consecutive year, according to LAVCA’s Annual Review of Tech Investment in ... |
| Feb 12, 2020 | Chinese-owned PalmPay and an aggressive growth strategy for Nigeria | How do you announce your presence in a crowded and noisy room? You make a loud entrance. It could be trumpets, red carpet, make a scene with a large entourage, or you announce a $40 million funding round.
That’s what Transsion-backed PalmPa... |
| Jan 21, 2020 | Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion | Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount.
That’s just part of Paga’s news. The Lagos based startup will also launch its payment products in Mexi... |
| Jan 19, 2020 | Catalyst Fund gets $15M from JP Morgan, UK Aid to back 30 EM fintech startups | The Catalyst Fund has gained $15 million in new support from JP Morgan and UK Aid and will back 30 fintech startups in Africa, Asia, and Latin America over the next three years.
The Boston based accelerator provides mentorship and non-equit... |
| Jan 5, 2020 | Into Africa: tech leaders weigh in on Jack Dorsey’s planned move to the continent | It’s not every day that the CEO of a large Silicon Valley tech company decides to relocate to a different part of the world in order to learn more about it — particularly when it has been frequently maligned and often overlooked by big busi... |
| Dec 16, 2019 | Payment startup Chipper Cash raises $6M for Southern Africa expansion | African cross-border fintech startup Chipper Cash has raised a $6 million seed round led by Deciens Capital.
The San Francisco-based company offers mobile-based, no fee, P2P payment services in six countries: Ghana, Uganda, Nigeria, Tanzani... |
| Dec 4, 2019 | Lessons from M-Pesa for Africa’s new VC-rich fintech startups | In African fintech, the fourth quarter of 2019 brought big money to new entrants.
Chinese investors put $220 million into OPay and PalmPay — two fledgling startups with plans to scale in Nigeria and the broader continent. Several sources to... |
| Nov 30, 2019 | Startups Weekly: Chinese investors double down on African startups | Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Airbnb’s issues. Befor... |
| Nov 25, 2019 | What is microfinance and why does it matter for investors? | Exclusion from the financial system is widely regarded as a major obstacle to people’s efforts to grow out of poverty. In 2017, 1.7 billion adults across the globe had no access to a bank account, with the vast majority of them living in em... |
| Nov 17, 2019 | Opera’s Africa fintech startup OPay gains $120M from Chinese investors | Africa-focused fintech startup OPay has raised a $120 million Series B round backed by Chinese investors.
Located in Lagos and founded by consumer internet company Opera, OPay will use the funds to scale in Nigeria and expand its payments p... |
| Nov 12, 2019 | PalmPay launches in Nigeria on $40M round led by China’s Transsion | Africa-focused payment startup PalmPay has launched in Nigeria after raising a $40 million seed round led by Chinese mobile-phone maker Transsion.
The investment came via Transsion’s Tecno subsidiary, with participation from China’s NetEase... |
| Oct 24, 2019 | This Cash Cow Still Has Upside | Midtown buildings are reflected in the window of a Western Union store, Wednesday, April 5, 2016 in ... [+] New York. The financial services company is known for person-to-person money transfers and money orders. (AP Photo/Mark Lennihan)ASS... |
| Oct 17, 2019 | The battle to become the Mexican Nubank just started | Thiago Paiva Contributor
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Thiago is a fintech entrepreneur, investor, and columnist. He is currently a product leader at Oyster, a neobank for SMEs in Latin America.
More posts by this contributor
A look at Latin America’s e... |
| Sep 4, 2019 | SF-based African fintech startup Chipper Cash expands to Nigeria | The African no-fee, cross-border payment startup Chipper Cash has expanded to Nigeria.
The San Francisco-based startup, with offices in Ghana and Kenya, will offer its P2P payment service and app in Africa’s most populous nation in partners... |
| Sep 3, 2019 | Accion Venture Lab launches $23M inclusive fintech startup fund | Accion Venture Lab — the seed-stage investment arm of nonprofit Accion — has raised $23 million for a new inclusive fintech startup fund.
The Accion Venture Lab Limited Partnership, as it’s called, will make seed-stage investments in inclus... |
| Jun 27, 2019 | Social media as the first feasible point of contact for financial services in Africa | Share this article:
To most people in under-developed and developing countries, social media and mobile instant messaging (MIM) platforms are becoming a big deal as they progressively make communication easier via text, voice or video.
Inte... |
| Jun 23, 2019 | Who’s going to use the big bad Libra? | There is so much to write about Libra, and so much which has already been written misses the mark, mostly, I think, because most pundits haven’t spent much time in the developing world, which is very clearly the target market here. Just loo... |
| Jun 21, 2019 | African fintech dominates Catalyst Fund’s 2019 startup cohort | African fintech has taken center stage for the Catalyst Fund, a JP Morgan Chase and Bill & Melinda Gates Foundation-backed accelerator that provides mentorship and non-equity funding to emerging markets startups.
The organization announ... |
| Jun 21, 2019 | Examining Facebook's Claim Its Crypto Is for the Unbanked | Daniel Evans is part of the team that started the Gibraltar Stock Exchange (GSX), which is now open for security token listings. Opinions are his own.
The excitement about Libra is premature. Maybe Zuck’s got more to share, but right now th... |
| Jun 19, 2019 | Meet Facebook's Libra, a digital currency for the social network | Facebook has unveiled an ambitious plan for its own digital currency similar to bitcoin, called Libra.
It's partnering with several other heavyweights, such as Visa, Mastercard, Uber, PayPal and Spotify.
Libra is scheduled to launch wi... |
| May 23, 2019 | Imani aims to build easily accessible blockchain-based option for mobile banking in Africa | Heidi Metz, CEO and founder of mobile banking startup Imani, is partnering with Solageo, a company selling solar and renewable energy products in developing countries. (Imani Photo)
In parts of Africa, payday is a mixed blessing. Because hu... |
| May 16, 2019 | Why Mobile Games and App Stores Should Opt for Blockchain | The mobile game and app ecosystem is extremely saturated. The mobile gaming markets are still growing and already worth more than $40 billion — but only a few developers are reaping benefits from this growth. Let’s address why mobile games ... |
| May 9, 2019 | Chipper Cash convinces Joe Montana to invest in African fintech | The African no-fee, cross-border payment startup Chipper Cash has raised a $2.4 million seed round led by Deciens Capital.
The payments company also persuaded 500 Startups and Liquid 2 Ventures — co-founded by Joe Montana — to join the roun... |
| Apr 30, 2019 | Singapore’s NETS to Assist Myanmar in Implementing Universal QR Payment | The NETS Group today announced that it has signed a Memorandum of Understanding (MOU) with Myanmar’s national payment network to establish a Payment Technology Exchange & Development Programme.
The first project under the Programme will... |
| Mar 21, 2019 | Nigerian fintech startup OneFi acquires payment company Amplify | Lagos based online lending startup OneFi is buying Nigerian payment solutions company Amplify for an undisclosed amount.
OneFi will take over Amplify’s IP, team, and client network of over 1000 merchants to which Amplify provides payment pr... |
| Jan 15, 2019 | A closer look at Go-Jek’s impact on Indonesia’s tech scene | AnalysisCommunityOpinionStartups
James Guild · 18 Jan 2019 · 7 min readA closer look at Go-Jek’s impact on Indonesia’s tech scene
In 2017, Go-Jek made it to Fortune’s Change the World List, the only company in Southeast Asia to do so. But i... |
| Nov 30, 2018 | Senegal is Planning to Digitize Payment to Improve Inclusive Growth | With the new progress witnessed on the financial inclusion index, Senegal is planning to digitize payments in order to speed up its growth and inclusive development.
By doing this, 50% of all national payments, Senegal’s economic growth wou... |
| Oct 24, 2018 | Platform economy paves the way for the expansion of credit to all populations | Presented by Humaniq
One third of the global population has no access to credit and therefore no means to spend money on the future. This is a major barrier to the development of low- and middle-income nations. While technology has progress... |
| Sep 6, 2018 | How NALA is easing access to financial services for Tanzanians | Share this article:
Financial inclusion in Sub-Saharan Africa grew from 23% in 2011 to 43% in 2017, according to a report by The World Bank. And of all the regions in Africa, countries in the eastern corridor, especially Kenya, are known fo... |
| Jul 16, 2018 | Moving From Financial Access To Health | Over the past decade, the push for financial inclusion has united governments, companies, technology entrepreneurs, and nonprofit organizations in dozens of countries on every continent — and with remarkable success. In 2011, only 51 percen... |
| May 8, 2018 | Global Findex 2017: financial inclusion on the rise but gaps remain | Financial inclusion is on the rise globally, accelerated by mobile phones and the internet, but gains have been uneven across countries.
A new World Bank report on the use of financial services – Global Findex Database 2017 – also finds tha... |
| Apr 23, 2018 | Only 40% of Nigerian adults are banked — World Bank | Share this article:
The financial inclusion target of the Central Bank of Nigeria (CBN) seems farfetched as the World Bank has put the number of unbanked Nigerians adults at about 100 million.
According to The Global Findex Database 2017, o... |
| Remittance service Monisnap raises €10 million | According to the World Bank Group, approximately 1.7 billion people, or roughly 22% of the global population do not have a bank account. When you narrow that number down to emerging populations, the figure jumps as high as 75% in some cases... |
| Mobile Payments are Important Driver in Latin America’s E-Commerce | Elizabeth Gonzalez, media associate at Americas Society and Council of the Americas talks about how mobile digital payments are expected to make up over a quarter of e-commerce retail sales.
The world is increasingly mobile and increasingly... |
| Senegal is Planning to Digitize Payment to Improve Inclusive Growth | With the new progress witnessed on the financial inclusion index, Senegal is planning to digitize payments in order to speed up its growth and inclusive development.
By doing this, 50% of all national payments, Senegal’s economic growth wou... |
