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Emily Knab

Guest Post: Could Tiny Somaliland Become the First Cashless Society? - 1 views

  • Thanks to a cobbled together-by-necessity system of money-transfer posts from Somaliland’s diaspora and a surging mobile banking industry, the country has to do away with cash.
  • Selesom, the major mobile carrier has launched a service where cash is completely bypassed. Mobile banking in Africa is nothing new and is far more advanced in the West or Asia, but Somaliland can take this to a further level
  • In less than six months more than 80,000 people in Hargesia have signed up with Selesom for its ZAAD mobile money service for money transfers
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    Solaliland (not a formally recognized country with non-formally-recognized currency) will be the first country to extinguish cash they have no ATMs, locals think credit cards are ridiculous really interesting
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    weekly 9.9
parevalo

P2P mobile payment app Tapp raises $9 million to tap into the cash economy in Southeast... - 0 views

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    Payment App that requires no credit card or bank account
Simeon Spearman

A New Century Spin on the Piggy Bank: Financial Tamagotchi | Walyou - 0 views

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    Piggy bank + tamagotchi = When you walk past this device its eyes light up, and if you havent deposited money in it (via credit card?), it will cry or wimper or whatever. Turns personal savings/finance into a game in a more and more cashless age.
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