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Desperate Times, Desperate Measures: A Microfinance Network Responds to the Devastating Reality of COVID-19 in India
The COVID-19 pandemic is taking a disastrous toll in India, with over 27 million confirmed cases and 311,000 reported deaths. In the face of this emergency, Opportunity International is leveraging its network of microfinance partners to provide crucial assistance to hard-hit communities. CEO Atul Tandon explains how the organization is working with microfinance providers to convert their offices into emergency response and triage centers, while educating clients about pandemic-related health risks and providing them with food and supplies.
- Categories
- Coronavirus, Finance, Health Care, Transportation
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Nigeria’s Flutterwave Partners Amole to Drive Seamless Remittance and Financial Inclusion in Ethiopia
Nigerian Fintech company, Flutterwave has partnered with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate remittance into Ethiopia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Ugandan Fintech, Ensibuuko Raises $1 Million Funding to Drive International Expansion
Ugandan fintech startup, Ensibuuko has announced a funding of 1 million dollars from an impact investor, FCA Investments.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Analysis: Nigeria Is Making Progress With Financial Inclusion: Here’s How
In developing economies, many people are excluded in various ways from financial services. Including them is necessary for three main reasons.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Mono Raises Millions to Power the Internet Economy in Africa
Three months later, the startup has a different mission: to power the internet economy in Africa. It has closed $2 million in seed investment toward that goal.
- Region
- Sub-Saharan Africa
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Impact Investing in Financial Inclusion in Southeast Asia: Four Key Considerations for Investors and Enterprises
Southeast Asian nations are seeing movement toward greater financial inclusion, but this growth, fueled mostly by digital innovations, is not enough to meet customer needs, say Komal Sahu and Danielle Todesco of AVPN. They share four key considerations that investors and enterprises can take into account to promote interoperability, financial literacy and product accessibility while boosting financial access in the region.
- Categories
- Finance, Investing, Social Enterprise
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African Fintech Startups Still Face Major Funding Gaps
The number of early-stage deals among African fintech startups is increasing, but the average size of the deals remains low compared to that of other regions, and funding gaps persist at the early stages, according to a new report on the industry in emerging markets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard, Mercado Libre, Common Cents Lab, and IDB Join Forces to Improve Financial Resilience Among Entrepreneurs and Gig Workers
While the pandemic has upended our personal finance habits, small changes in our routine can make a big difference.
- Categories
- Coronavirus, Finance
- Region
- Global
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