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World Bank: Crowdfunding Investment Market to Hit $93 Billion by 2025
Crowdfunding has come a long way since 2008, when a group of UC Berkeley MBA students launched Indiegogo. It’s now a multibillion-dollar industry growing literally exponentially and worldwide
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- Uncategorized
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Israeli hackers with a conscience
Tel Aviv hackathon aims to show that technology can help the world's poorest people - and make a profit.
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- Uncategorized
- Region
- North Africa & Near East
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Big banks see rich opportunities in world’s poorest
When the Afghan government used mobile phones instead of cash to pay some of its policemen, the officers thought they'd just had a 30 percent pay rise. In truth, they had just been paid the full amount, with nothing skimmed off by middlemen, for the first time.
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Accion International urges India’s Reserve Bank to allow financial access to the physically disadvantaged
"People with disabilities should get financial access, organisation should not be discriminated against. The issues has to do with physical conditions and discrimination of specific conditions." - Accion International Managing Director
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- Uncategorized
- Region
- South Asia
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bKash looks to dethrone M-PESA as the world’s top mobile finance provider
bKash Limited is looking to become the largest mobile banking service provider company in the world within the next few years, chief of the company said.
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- Uncategorized
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Microfinance has failed in India: Jairam Ramesh
"Microfinance 1.0 has failed. It was not the miracle it was touted to be," said Union rural development minister Jairam Ramesh at the HT Leadership Summit 2013 on Friday.
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- Uncategorized
- Region
- South Asia
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From the BoP Summit: Next Steps In Finance
Graham Macmillan has been on both sides of the social enterprise funding question. Before joining the Citi Foundation as senior program officer - financial inclusion, he served as senior director of VisionSpring. Macmillan carries the perspective of both of the donor/investor evaluating partnerships and deals, as well as that of a social entrepreneur with practical concerns like trying reach that all-elusive scale, making sustainable profits and securing investors.
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- Uncategorized
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Mobile Payments Gain Traction Among India’s Poor
South Asia is a fertile market for the concept. The region consisting primarily of Bangladesh, India and Pakistan accounts for the largest number of offices actively providing mobile money services, 3.8 million compared with 805,000 in all of Africa and 1.8 million in East Asia and the Pacific.
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- Uncategorized
- Region
- South Asia
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