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 →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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The Financial Inclusion Summit Series: Issue no. 24
Interview with Zwipe The “dream” – how it all started The idea behind Zwipe was to combine the convenience of contactless, specifically in payments and the access control industries with the security of biometrics. We felt that combining those two elements and making them work universally on multiple platforms and devices without the need…
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The Financial Inclusion Summit Series: Issue no. 23
Interview with Red Flash Background The entrepreneur Hans Becker had just sold his mobile payments company in Sweden when he was approached by an Ivorian who wanted to take Swedish technology to Africa. Several different business opportunities were explored. After advice from a mayor in Abidjan, Red Flash found its niche in helping…
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