financial inclusion

Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential

Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential
Visa Invests in Moniepoint to Unlock Africa’s Small Business Potential
January 23, 2025  |  SMBs

Visa is betting that Nigerian FinTech Moniepoint will accelerate growth for small- to medium-sized businesses (SMBs) in Africa. The global payments giant invested in the...

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Bank of America’s Take on Latin America’s Digital Payments Advantage
Bank of America’s Take on Latin America’s Digital Payments Advantage
January 13, 2025  |  Digital Payments

Digital payments are growing in Latin America as companies like Mercado Libre and TerraPay rapidly advance digital banking and digital wallets in the region. Central...

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MoneyLion and MrBeast Partner on $4 Million Financial Literacy Competition
MoneyLion and MrBeast Partner on $4 Million Financial Literacy Competition
December 19, 2024  |  Partnerships

MoneyLion launched a partnership with YouTube superstar Jimmy Donaldson, better known as “MrBeast.” The FinTech is partnering on “Beast Games,” a new competition series by...

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Upbound to Add Financial Wellness Solutions With Brigit Acquisition
Upbound to Add Financial Wellness Solutions With Brigit Acquisition
December 13, 2024  |  Partnerships

Upbound Group, the owner of the Rent-A-Center and Acima brands, agreed to acquire financial health technology company Brigit for up to $460 million. The planned...

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Only 4% of US Households Are Unbanked
Only 4% of US Households Are Unbanked
November 12, 2024  |  Consumer Insights

The percentage of households in the United States that are unbanked declined to a record low in 2023. At 4.2% of U.S. households, or 5.6...

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CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
CEO Interview: Pay-as-You-Go Options Help LatAm Consumers Battle ‘Prepaid Fatigue’
November 11, 2024  |  Mobile

In Latin America, where many consumers are unbanked or underbanked, roughly three-quarters of consumers don’t have credit cards, so prepaid cards are widely used to...

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Visa Invests in Four African FinTech Startups From Accelerator Program
Visa Invests in Four African FinTech Startups From Accelerator Program
November 06, 2024  |  Payment Methods

Visa is injecting fresh funding into four startups that graduated from the first batch of its Visa Africa Fintech Accelerator program. The investments highlight Visa’s...

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Democratizing Payments: How Payment Hubs Fuel Innovation for Smaller Banks
Democratizing Payments: How Payment Hubs Fuel Innovation for Smaller Banks
October 28, 2024  |  Payments Innovation

Keeping pace with innovation can be daunting. For small- to mid-sized banks, credit unions and FinTechs, implementing the latest money movement integrations like real-time payments...

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