News from the Financial Inclusion Summit 2019 Fintech Cohort: Aion Sigma
A Nordic – Zambian partnership between Musanga Logistics and Aion Sigma addresses the gap of SME finance through trust solution Musanga Logistics of Zambia and Aion Sigma of Finland create financial inclusion through leasing of smartphones through enterprises in Zambia. The partnership builds a credit history for Musanga’s truck drivers thus improving their…
Read Article →News from the Financial Inclusion Summit 2019 Fintech Cohort: DataDrivenFinance
DIGITISING AND HARNESSING SOCIAL CAPITAL TO OFFER LOW COST INSURANCE DataDrivenFinance AS, with its daughter company DataDrivenFinance Kenya Ltd (DDFinance -K, established March 2018), a new digital challenger, has committed to delivering scalable risk management solutions to the majority low income segment in Kenya, by providing affordable insurance products using basic mobile phones. In…
Read Article →News from the Financial Inclusion Summit 2019 Fintech Cohort: Bancore
Instant smart payments reaching all of Africa Bancore and Global Processing Partners (GTP) are introducing a payment concept that allows instant settlement of financial transactions to hundreds of thousands of prepaid VISA/Mastercard in Africa. This is a major milestone, as it enables instant settlement of incoming transactions to prepaid cards and will be available…
Read Article →News from the Financial Inclusion Summit 2019 Fintech Cohort: askRobin
askRobin: serving the unserved According the Global Findex Database 2017: Measuring Financial Inclusion and Fintech Revolution, there are an estimated 1,7 billion adults in the world without access to financial services. In countries where access to financial services is low or frictional, fintech can have major social and economic impact by enabling universal…
Read Article →New mobile money propositions have the potential to reduce the world’s unbanked population by more than a third
The mobile phone could draw an extra 607 million into the financial mainstream – but access to mobile money is just the first step in achieving true financial inclusion Oslo, Norway (March 28, 2019) – A new report from Mastercard confirms the power of mobile technology to improve financial inclusion. The research shows that…
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Oslo summit puts Norway at the centre of fight to end global financial exclusion
HRH Crown Prince Haakon and Norwegian State Secretary Mr Aksel Jakobsen is meeting fintechs from across the Nordic region, NGOs and global development agencies to discuss collaboration OSLO: 28 MARCH 2019 – The inaugural Financial Inclusion Summit takes place in Oslo today (28thMarch) – for the first time bringing together representatives of international humanitarian…
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The Financial Inclusion Summit Series: Issue no. 27
Interview with Instantor Instantor is a Swedish fintech company founded in 2010 by John Grundström and Niklas Bergman. The founders identified a strong need to provide a broader range of people access to responsible and better financial services. There is a substantial demand for financing that is not met by the retail banks and…
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The Financial Inclusion Summit Series: Issue no. 26
Interview with JamiiPay The “dream” – how it all started JamiiPay was started in August 2018 by Charlotte Rønje and Daniel Brøndum Torp in Copenhagen. Through her work with Danida and PwC in East and West Africa, Charlotte recognised that MFIs, banks, and NGOs are not addressing the gap between unbanked communities and financial…
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The Financial Inclusion Summit Series: Issue no. 25
Interview with Blockbonds How it all started Every day, millions of people are transferring money to family and friends, and a large part of the money finds its way deep into the rural side areas of developing countries where people are unbanked. Despite many of them are among the poorest, they still have to…
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