Articles with tag like: unbanked

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Square launches Square Banking for small businesses

News | Online & Mobile Banking | 20 Jul 2021

Square has launched Square Banking, a suite of financial products purpose-built to help small business owners manage their cash flow and get more out of their money.

Square, online banking, unbanked, SMEs

Indonesia-based fintech company Payfazz secures e-money license

News | Online Payments | 12 Jul 2021

Indonesia-based fintech company Payfazz has secured an e-money license from Bank Indonesia (BI), the country’s central bank.

banking licence, online payments, merchants, unbanked, money transfer

Voyager raises USD 167 mln for financial services expansion

News | Online & Mobile Banking | 28 Jun 2021

Philippines-based Voyager has raised USD 167 million to fast-track financial inclusion in the Philippines through its financial technology arm, PayMaya Philippines (PayMaya). 

funding, financial inclusion, unbanked, SME lending

Auto finance platform Lendbuzz gets USD 360 mln funding

News | Online & Mobile Banking | 25 Jun 2021

US-based AI-powered auto finance platform Lendbuzz has bagged USD 360 million in funding, comprised of debt and equity.

funding, credit scoring, machine learning, unbanked

Nigeria to reach a digital payments volume of 7.7 bln by 2025

News | Online Payments | 03 Jun 2021

A report by ACI Worldwide has shown that Nigeria will witness a transition to digital payments over the next five years, and real-time volumes will reach 7.7 billion by 2025.

digital payments, report, ACI Worldwide, COVID-19, transactions , unbanked

Releaf partners OnePipe to offer digitised financial services to Nigerians

News | E-invoicing, SCF & E-procurement | 01 Jun 2021

Nigeria-based Releaf, a raw material procurement and logistics platform, has partnered OnePipe, a digital gateway enabling financial services, to provide digital disbursements to farmers.

partnership, supply chain finance, unbanked, lending, API

Atomic, Welcome Tech launch digital banking for Hispanic community

News | Online & Mobile Banking | 27 May 2021

US-based Atomic has announced a partnership with Welcome Tech to extend financial services availability to millions in the Hispanic community.

partnership, unbanked, API, digital banking

EML Supports AptPay's instant payment disbursement solution in Canada

News | Payments General | 25 May 2021

Australia-based EML has announced its inaugural reloadable program for AptPay in Canada.

partnership, instant payments, prepaid card, unbanked

MTN South Africa, IFC to help underbanked in South Africa

News | E-invoicing, SCF & E-procurement | 24 May 2021

MTN South Africa has announced a USD 2 million partnership with the International Finance Corporation (IFC), to expand MTN’s Mobile Money (MoMo) business in South Africa.

partnership, unbanked, financial services, compliance

Algbra to provide digital finance for unbanked minorities

News | Online & Mobile Banking | 18 May 2021

Algbra, a sustainable and digital finance provider dedicated to bringing an end to community and ethnicity based financial inequality, has launched.

unbanked, banks, digital banking, product launch, financial inclusion

The next, great ecommerce opportunity lies in the Philippines

Voice of the Industry | Ecommerce | 14 May 2021

Sue-Ann Seet, Head of Asia at dLocal, gets into details about why a mostly unbanked market like the Philippines represents such a great opportunity for ecommerce

ecommerce, unbanked, mobile payments, financial inclusion, e-wallet, digital payments

Mastercard, Billetera partner to provide access to financial services to the unbanked in the Democratic Republic of Congo

News | Online Payments | 11 May 2021

Mastercard and Billetera, a Kenya-based digital payments technology company, have partnered to provide access to formal financial and digital services to the unbanked and financially excluded residents in the Democratic Republic of Congo.

Mastercard, partnership, unbanked, financial services, e-wallet, online payments

LATAM startup Uala receives USD 64 mln in funding

News | Online & Mobile Banking | 10 May 2021

Digital banking startup Uala will double the size of its operations in Argentina and Mexico with a USD 64 million investment.

startup, digital banking, funding, unbanked, online banking raises USD 5.5 mln in Series A

News | Online & Mobile Banking | 05 May 2021, a Brazil-based neobank, has announced a USD 5.5 million Series A led by Union Square Ventures (USV).

fintech, unbanked, funding, debit card, transactions , prepaid card, credit card, partnership

Stop selling us pink products! Why would women need their own financial services?

Voice of the Industry | Payments General | 28 Apr 2021

Around the world, more and more organisations are offering financial services that cater specifically to women

financial services, data, report, investment, study, unbanked

Making web payments and monetisation everyone's opportunity

Interviews | Payments General | 20 Apr 2021

The Paypers interviewed Briana Marbury, Executive Director of the Interledger Foundation, to learn about the Interledger Protocol, and how advancing open payments and Web Monetisation standards will enable more equitable and creative web opportunities

Interledger Foundation, online payments, unbanked, digital payments, financial inclusion

ACI Worldwide, the Internal Revenue Service to offer new tax payment options for taxpayers

News | Payments General | 03 Mar 2021

ACI Worldwide has announced that the Internal Revenue Service (IRS) will allow taxpayers to make cash transactions through a new digital barcode feature using ACI Payments.

ACI Worldwide, unbanked, QR code

Moneygram, Lightnet to offer payout services in SEA area

News | Payments General | 18 Feb 2021

Sigapore-based blockchain firm Lightnet has announced its collaboration with MoneyGram, a provider of cross-border P2P payments and money transfers.

MoneyGram, Lightnet, partnership, P2P payments, blockchain, MTO, unbanked, underbanked

Innovative Payment Solutions partners with Golden Money Transfer

News | Online Payments | 02 Feb 2021

Innovative Payment Solutions (IPSI) has announced an agency agreement with Golden Money Transfer (GMT) to facilitate its money transmission service to Mexico.

Innovative Payment Solutions, Golden Money Transfer, subisenn partnership, global money transfers, cross-border payments, unbanked, underbanked, remittances

Universal Sompo General, NPCI to offer special health insurance cover

News | Payments General | 18 Jan 2021

India-based Universal Sompo has partnered with National Payments Corporation of India (NPCI) to offer a special health insurance cover.

Universal Sompo General, NPCI, India, cashless hospitalisation, RuPay, UPI, insurance inclusion, unbanked