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Rick Groothuizen of ClickPesa outlines the status of financial digitalization in East Africa and the progress that has been made in this emerging market
Africa, emerging market, mobile money, financial inclusion, SMEs, ClickPesa, mobile wallets
US-China-based company GGV Capital has announced leading a USD 10 million investment in Singapore-based cross-border fintech startup Thunes.
Thunes, GGV Capital, Venture Capital, cross-border payments, B2B payments, financing , funding round, financial technology, fintech, Singapore, China, APAC, US, North America, emerging market
The International Finance Corporation and Citibank have announced signing a USD 1.2 billion risk-sharing facility to help stimulate trade in emerging markets.
IFC, The International Finance Corporation, Citibank, partnership, trade finance, emerging market, Africa, Asia, APAC, emerging market trade flows, funding, risk-sharing facility
Tim Davis from Emergent Payments looks at some of the practical issues that go hand in hand with Africa’s exceptional ecommerce opportunities.
Emergent Payments, Africa, ecommerce, payments , remittance, emerging market, merchant, bank, Tim Davis, local payments, PSPs