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Analysis: An Economic Perfect Storm Is Battering Emerging Markets. Debt Crises Loom
The U.S. dollar strengthened to a 20-year high against a collection of foreign currencies this week, spelling more trouble for heavily indebted smaller nations around the world.
- Categories
- Finance
- Region
- Global
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R2 Closes $15 Million Series A Round to Provide Frictionless Credit to Small Businesses
87% of credit demand by small businesses in Latin America is unmet, and R2’s goal is to change this reality through an embedded lending infrastructure.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Payment Service Banks: A Game-Changer for Financial Inclusion in Nigeria
Payment service banks are modelled on India’s Payment Banks, with a vision to similarly provide platforms for facilitating high-volume, low-value transactions in remittance, micro-savings, and withdrawals, in a secure technology-driven environment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Data-Driven Experiences Critical to Bank Success as Industry Reaches ‘Inflection Point’ in Race for SME Customers
The race for SME (small and medium enterprise) customer primacy has reached a critical inflection point, according to a new guide from London-based Pollinate.
- Categories
- Finance
- Region
- Global
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Nigeria, Indonesia, Five Others Home to Half of World’s Unbanked Population
World Bank’s 2021 Global Findex report said about 1.4 billion adults are still unbanked, and do not have an account at a financial institution or with a mobile money provider.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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South Africa Becomes First African Nation to Get Google Wallet
South Africa's rising trend of contactless payments has been given another boost with search giant Google launching its Google Wallet service.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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PayU Finance’s LazyPay Partners With Dukaan to Offer Buy Now Pay Later Solution to Small Businesses in India
Integrating the BNPL solution into the available payment modes will help merchants improve their sales and encourage first-time customers to become repeat customers, LazyPay said.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- MSMEs, partnerships
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Indian Savings Fintech Jar Lands $22.6 Million in Series B Funding
The start-up says the influx of cash will be used to fuel the development of its products and technology for hiring new talent.
- Categories
- Finance, Technology
- Region
- Asia Pacific