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6 results for "financial innovation"
A South African company just raised $5 million to offer installment payments with zero interest or fees by having advertisers foot the bill instead of consumers. Happy Pay's model is flipping the script on short-term credit across Africa.
Ghana just became one of Africa's first countries to fully legalize cryptocurrency, launching a year-long pilot program with 11 companies testing their services under official oversight. The move could position the West African nation as a leader in regulated digital assets on the continent.
Africa's fintech revolution is entering a new phase where apps won't just track your spending—they'll help you make better financial decisions before you make them. Marcello Schermer from Yoco believes the next generation of African fintech will act as proactive partners, not passive recorders.
Thailand's Export-Import Bank is rolling out a $1.4 billion working capital program to help exporters weather global economic uncertainty. The initiative provides crucial liquidity support as businesses navigate trade tensions and currency fluctuations.
A new partnership is bringing blockchain technology to Indian agriculture, making it easier for farmers to get loans using their crops and equipment as collateral. The pilot program could transform how rural communities access financial services.
Kenyan banks are reclaiming engineers and managers who left for fintech startups, as regulatory delays and layoffs push workers back to traditional banking. The shift signals that stability and clear rules still matter, even in Kenya's digital finance boom.