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KYC is a Journey, Not a Destination: The Value of Know-Your-Customer Innovation for African Tech Startups
Identity theft is increasingly common in Africa, and the problem is likely to get worse. According to Lanre Ogungbe at Identitypass, digital access is expanding rapidly on the continent, and tech startups are under pressure to create frictionless signup processes for new users, which sometimes comes at the expense of better security. He argues that this has created an urgent need for better Know Your Customer (KYC) processes, and explores why tech startups should view KYC not as a regulatory obligation, but rather as an opportunity for innovation that can improve their products, protect their customers and increase their business success.
- Categories
- Finance, Technology
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Catalyst Fund Announces $2 Million Investment Into 10 Startups Accelerating Africa’s Adaptation and Resilience to Climate Change
Catalyst Fund announced a $2 million investment into 10 startups building solutions to improve the resilience of climate-vulnerable communities in Africa.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, impact investing, MSMEs, scale, startups
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MyHealth Africa, a Startup Connecting Patients With Health Specialists Across the Globe, Lands $1 Million Funding
Kenya-based MyHealth Africa is an integrated healthcare platform changing how people access medical services.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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VCs Pledge to Invest $1.5 Billion in Vietnam Startups
A group of more than 40 VC firms pledged to invest US$1.5 billion in Vietnamese startups over the next few years.
- Categories
- Investing
- Region
- South Asia
- Tags
- startups, venture capital
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Google to Spend $75 Million on Women-Led India Startups
Google is building voice and text search for over 100 Indian languages and will spend $75 million to support women-led startups in India.
- Categories
- Technology
- Region
- Asia Pacific
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COP27 Failed the Most Climate-Vulnerable
Drew Corbyn of Netherlands-based global off-grid solar body GOGLA, outlines three urgent courses of action to accelerate access to electricity.
- Categories
- Energy, Environment
- Region
- Global
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Eratani Closes US $3.8 Million in Seed Funding to Grow Platform-Based Ecosystem for Farmers
Since its 2021 launch, Eratani said that it has managed to onboard more than 10,000 fostered farmers across the island of Java.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- agtech, food security, startups
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Analysis: Venture Capitalists Don’t Seem to Care Much About India’s Woman Entrepreneurs
In 2021, startups founded by women received only 0.3% of India’s total venture capital funding, according to data by DealStreetAsia.
- Categories
- Uncategorized
- Region
- Asia Pacific
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