financial inclusion

Kenya Looks to FinTech, Credit Union Convergence to Advance Growth

Kenya Looks to FinTech, Credit Union Convergence to Advance Growth
Kenya Looks to FinTech, Credit Union Convergence to Advance Growth
December 29, 2021  |  Cross-border Payments

Credit unions have served as a financial backbone to millions of households in Africa for decades, with some 39,000 organizations across the continent providing small...

READ MORE >
Ant Group to Shutter Xiang Hu Bao Mutual Aid Platform
Ant Group to Shutter Xiang Hu Bao Mutual Aid Platform
December 28, 2021  |  Cross-border Payments

China’s Ant Group plans to close its Xiang Hu Bao mutual aid platform next month, a move that comes as the country’s government continues its...

READ MORE >
Boston FinTech GiveCard Helps Unhoused Find Homes
Boston FinTech GiveCard Helps Unhoused Find Homes
December 27, 2021  |  Financial Inclusion

“They’ll just use it to buy drugs.” It’s a rationale you’ve likely heard before in discussions of giving money to homeless people. The founders of...

READ MORE >
Kaepernick SPAC Deal With The Change Co. Fizzles
Kaepernick SPAC Deal With The Change Co. Fizzles
December 26, 2021  |  SPAC

Colin Kaepernick’s deal to buy a company with his SPAC, Mission Advancement Corp., has now been killed, The Wall Street Journal (WSJ) writes. The SPAC...

READ MORE >
Investments in Financial Education Empowers FIs and Their Customers
Investments in Financial Education Empowers FIs and Their Customers
December 23, 2021  |  Banking

Financial institutions (FIs) that offer financial education to consumers find that it helps to build trust, Alexis Castorina, head of consumer education for Early Warning®,...

READ MORE >
Cross-Border FinTech Startup TapTap Send Raises $65M
Cross-Border FinTech Startup TapTap Send Raises $65M
December 21, 2021  |  Startups

Cross-border FinTech platform Taptap Send announced Monday (Dec. 20) that it has raised $65 million in a Series B funding round led by Spark Capital....

READ MORE >
Lending Platform LoanWell Secures $3M in Funding
Lending Platform LoanWell Secures $3M in Funding
December 21, 2021  |  Investments

The North Carolina-based lending platform LoanWell has come into some money of its own.  According to a recent Securities and Exchange Commission Filing, the company...

READ MORE >
Family Finance Segment Booms Amid Rising Competition To Serve Cash-Free Kids
Family Finance Segment Booms Amid Rising Competition To Serve Cash-Free Kids
December 21, 2021  |  Financial Inclusion

As a growing number of competitors enter the family finance segment, Brian Dong says this proves that Greenlight was right to move into the space and deliver services to...

READ MORE >