Skip to main content

Home/ Spring 21 Capstone 640pm/ Group items tagged Benefits

Rss Feed Group items tagged

Filter: All | Bookmarks | Topics Simple Middle
kenza_abdelhaq

Robo-Advisor and its key benefits in Fintech | Top TechCEO's - 1 views

www.tech-ceos.com/nd-its-key-benefits-in-fintech

Robo-Advising Benefits Fintech Strategy

shared by kenza_abdelhaq on 13 Feb 21 - No Cached
  • Financial planning is the backbone for every type of business to operate efficiently with achieve targeted objective. A single mistake in the financial records or planning can drag the growth of an organization to zero. As a solution, Robo-Advisors serve a digital platform with automated functions backed up with algorithm-driven financial planning services. This digital platform allow to automate the procedure with least or can be said no human supervision. A question might be nudging your mind, “How a digital platform can be able to plan financial operations?” It is a worth question that must be answered before using such a high tech platform.
    • kenzabenessalah
      kenzabenessalah on 13 Feb 21
       
      Since EasyEquities is all about investing, it needs to be very secure. Robo-advisors offer a digital platform where all the data is stored . They are a must have because a single, minor mistake from a human being could put the company at great risk.
  • Investing is a boon for an organization or an individual, but hardly people have any idea about investment. So, when they plan to invest their money for a better ROI, the very first solution hit their mind is wealth advisory team. But it makes their work more tedious by adding an interaction with a team and spending team for it. Robo-Advisor has brought a revolution in the finance sector with a new approach of automation. It is a digital assistant that work on various algorithms to manage financial portfolio of clients. It gives an enhanced and secure experience. This is possible with the help of machine learning and artificial intelligence. These tools are no longer confined till chat-bots; rather it has grown in the field of fintech too with a number of finance management aspects, such as automating loan process, data management, wealth management, voice assistance, customized finance advisory, and many more.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt confirms the need for Robo-advising in fintech start-ups. Robo-advising appears to be a revolution in the financial sector which replaces the regular wealth advisory team that traditional investors are accustomed to. Robo-advising is also cheap and thus could interest our eligible companies.
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      Easy Equities company can benefit from the incorporation of roboadvisors in their platform to enhance their customer's experience and further facilitate the investment process.
ghtazi

Mukuru unveils shopping discount initiative for South Africa-based customers - Intellig... - 0 views

www.intelligentcio.com/...r-south-africa-based-customers

Mukuru customers benefits

shared by ghtazi on 13 Feb 21 - No Cached
  • The discounts will be available on over 60 staple products (such as canned items, household cleaning products, maize meal, baby products, dairy products, etc.) and the discounts will be valid at any Shoprite and Checkers store in South Africa. Mukuru customers simply have to create and pay for their orders on the Mukuru platform to receive access to the discounts. Customers then access the codes on the Mukuru self-help platforms such as USSD and WhatsApp and present the codes at the Shoprite and Checkers stores to claim the discounts off the selected products. “We are always looking for ways to recognise and reward our loyal customers, and the Mukuru Shopping Discounts are a great way in which we can pass valuable savings on to our customers by funding the discounts ourselves,” said Andy Jury, CEO, Mukuru.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      Mukuru proposed lately different discounts to thank their loyal customers. This is a brilliant idea as it will mke them use their services more, and also help them have more savings to cope with south africa's lockdown.
  • Most importantly, the Mukuru Shopping Discounts initiative will help customers and their families achieve savings at a time when many are still recovering from the economic fallout of South Africa’s lockdown. “As a company, we are with our customers side by side through both the good times and the difficult ones, and we are well-positioned to continue innovating and to provide important benefits to our loyal customers around the world.”
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      the initiative of shopping discount will not only help their customers but also attract more clients which will increase their customer portfolio
  • Having helped our customers send money home to their family and friends for over 14 years, we feel part of their daily lives and as a result, Mukuru is constantly engaging with customers and adding tangible value wherever and whenever we can. We are able to leverage both partnerships and technology to pass important benefits on to our customers and to reward them for their loyalty and engagement over so many years,” added Jury. “
    • ghtazi
      ghtazi on 13 Feb 21
       
      Mukuru wants to help customers to help their families in order to get closer to them, which I think is a kind and helpful idea. thanks to their partnerships and technologies they are able to pass important benefits to their customers to thank them for their loyalty and engagement.
ghtazi

Mukuru and WorldRemit Partner to Further Expand Remittance Service into Southern Africa... - 0 views

www.businesswire.com/...e-Service-into-Southern-Africa

Mobile Wallet Cash-Out Fee

shared by ghtazi on 13 Feb 21 - No Cached
  • As a result of the company's deepened collaboration, customers will benefit from guaranteed cash at all times, and there will be no cash-out charges to recipients on cash collections. Until now, customers who received payments into mobile wallets in partnership countries like Zambia would ordinarily pay a cash-out fee when withdrawing cash from a mobile wallet. Now, when a WorldRemit customer sends cash to a recipient in Zambia, and that recipient collects their transfer at a Mukuru booth, the recipient will pay no fee at all.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is important because it reflects the reasons for the partnership between Mukuru and WorldRemit, and the positive consequences emerging from it (suppression of transfer charges).
  • As a result of the company's deepened collaboration, customers will benefit from guaranteed cash at all times, and there will be no cash-out charges to recipients on cash collections. Until now, customers who received payments into mobile wallets in partnership countries like Zambia would ordinarily pay a cash-out fee when withdrawing cash from a mobile wallet. Now, when a WorldRemit customer sends cash to a recipient in Zambia, and that recipient collects their transfer at a Mukuru booth, the recipient will pay no fee at all.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      this excerpt is important because it also shows how Mukura and Worldremit work as partners
  • As a result of the company's deepened collaboration, customers will benefit from guaranteed cash at all times, and there will be no cash-out charges to recipients on cash collections. Until now, customers who received payments into mobile wallets in partnership countries like Zambia would ordinarily pay a cash-out fee when withdrawing cash from a mobile wallet. Now, when a WorldRemit customer sends cash to a recipient in Zambia, and that recipient collects their transfer at a Mukuru booth, the recipient will pay no fee at all.
    • ghtazi
      ghtazi on 13 Feb 21
       
      this part is very important because it shows us that thanks to the collaborations of the companies, it enables them to guaranteed cash all the time to its customers with no cash out charges.
ghtazi

Money transfer group Mukuru acquires fintech Zoona's assets in Malawi - Ventureburn - 0 views

ventureburn.com/...-acquires-zoonas-malawi-assets

Malawi Mukuru Fintech Zoona

shared by ghtazi on 13 Feb 21 - No Cached
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      These excerpts are important because they show how operations of Mukuru and Zoona Malawi will be changing due to the acquisition of the latter by the former. It also reflects how Mukuru expands geographically (here in Malawi) but also in terms of capabilities and assets (i.e. agents from Zoona).
  • In a statement yesterday Mukuru CEO Andy Jury said the acquisition will extend Mukuru’s African footprint deep into the urban and rural areas cross Malawi. “This acquisition will bring the benefits of our extensive products and cutting-edge technology to the citizens of Malawi – giving them better options and safe mechanisms to send money to loved ones and ultimately uplift their communities,” he said. Following the acquisition, Zoona Malawi’s agents will operate as Mukuru agents benefiting from a wider product range to offer customers backed by Mukuru’s trusted and established brand name. In addition, agents will benefit from being part of the Southern African Development Corporation (SADC) regional network, increasing their regional exposure and potentially boosting earnings over time.
  • Mukuru, one of the largest international money operators and remittance companies in Africa, has confirmed that it has acquired Zoona’s operational assets in Malawi along with the technology systems that support its Malawian operations.
  • ...3 more annotations...
  • Zoona, which has worked with Mukuru for four years as a partner, is an Africa-based fintech that enables entrepreneurs to bring safe and reliable financial services to underserved communities in Malawi and elsewhere.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      Mukuru acquired Zoona Fintech assets and took over Malawi's online financial services. it is making its place among the popular remittance companies in Africa.
  • Zoona, which has worked with Mukuru for four years as a partner, is an Africa-based fintech that enables entrepreneurs to bring safe and reliable financial services to underserved communities in Malawi and elsewhere.
    • sawsanenn
      sawsanenn on 13 Feb 21
       
      Acquiring zoona is a good step for mukura to expand its capital but also acquiring zoona's customer portfolio
  • Zoona, which has worked with Mukuru for four years as a partner, is an Africa-based fintech that enables entrepreneurs to bring safe and reliable financial services to underserved communities in Malawi and elsewhere.
    • ghtazi
      ghtazi on 13 Feb 21
       
      working with Zoona is great for Mukuru it will add more safety and reliable financial services that will be beneficial for Malawi and elsewhere
mohammed_ab

Sanlam to acquire 30% of EasyEquities - liquidafrica - 0 views

www.liquidafrica.com/-to-acquire-30-of-easyequities

EasyEquities Investech Investment platform Trading South Africa

shared by mohammed_ab on 13 Feb 21 - No Cached
  • Purple Group and Sanlam Investment Holdings (SIH), a wholly owned subsidiary of Sanlam Limited, have announced that SIH has entered into agreements to acquire a 30% stake in First World Trader Proprietary Limited, trading as EasyEquities.
  • Says Charles Savage, CEO of Purple Group, “The EasyEquities transaction with Sanlam Investments provides our fintech winner with added capital, skills and the ability to continue on the path we’re on – aggressive growth in client numbers, products on the site for client benefit and a way for all South Africans to access the financial markets – in South Africa and excitingly also in the US. We also look forward to announcing our international growth plans where the collaboration with Sanlam Investments provides invaluable insights, guidance and access to various jurisdictions.”
  • mohammed_ab on 13 Feb 21
     
    This article shows the benefits of this acquisition operation between Sanlam and EasyEquities. With this acquisition, EasyEquities will benefit from financial and operational synergies that could boost the growth of the company.
kenzabenessalah

Top 10 Benefits Of Crowdfunding - 2 views

www.forbes.com/...-10-benefits-of-crowdfunding-2

EasyEquities Crowdfunding Strategy Investment

shared by kenzabenessalah on 13 Feb 21 - No Cached
  • Since the launch of CoFoundersLab, one of the largest networks for entrepreneurs, we have seen many small businesses and entrepreneurs flourish and benefit from the aid of this industry. However, being successful in startup fundraising via crowdfunding is not as easy as it seems. It comes with a lot of effort and dedication, but if one puts in the necessary work, they can realize fortunes that go far beyond just the raising of money.
    • kenzabenessalah
      kenzabenessalah on 13 Feb 21
       
      Crowdfunding comes with a lot of dedication and hardwork. If EasyEquities believes in the value of this strategy, its entrepreneurs could make fortunes.
nouhaila_zaki

Top 10 Benefits Of Crowdfunding - 0 views

www.forbes.com/...-10-benefits-of-crowdfunding-2

Crowdfunding Fintech Strategy Benefits

shared by nouhaila_zaki on 13 Feb 21 - No Cached
  • Capital doesn’t come so easy to entrepreneurs these days. In 2012, the total number of loans and money distributed in the U.S. via the Small Business Administration has dropped as much as 20 percent! Also, nearly 98%of the business plans received by accredited investors and VC’s are rejected. Without a doubt, the current business-funding environment is in need of disruption. One such disruption is the rising industry of crowdfunding, which involves a platform, an individual or entity in need of funding, and a community of people willing to collectively contribute these funds in exchange for rewards and recognition. The amount of money raised by crowdfunding platforms during 2012 is expected to reach $2.8 billion, up 91% since 2011.
    • nouhaila_zaki
      nouhaila_zaki on 13 Feb 21
       
      This excerpt is important because it describes how complicated it is for entrepreneurs to access funding from accredited investors. The rise of crowdfunding is described as a disruption and thus a strategy that could be used by the eligible companies we've seen so far.
mehdibella

Egypt's Fawry is now a billion-dollar company - 1 views

www.menabytes.com/fawry-billion-dollar

Kiva kenya Nairobi Fintech finance

shared by mehdibella on 12 Feb 21 - No Cached
  • Fawry had witnessed a surge in its stock price during the first two months after its public markets debut but the price afterward remained almost flat until March – when they also saw it drop to one of its lowest points of EGP 7 per share. But since then, it has been on an upward trajectory – which also coincides with Covid-19.
    • tahaemsd
      tahaemsd on 12 Feb 21
       
      the pandemic has created a surge in demand for electronic payment services and Fawry being the leading player in Egypt benefitted a lot from that.
  • Fawry that is the only technology company on The Egyptian Exchange currently offers over 250 electronic payment services through its network of over 105,000 service points across 300 cities in Egypt – that include ATMs, mobile wallets, retail shops, post offices, and little vendor kiosks.
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      Fawry has a large network of service points and diversified services spread out in different cities in Egypt.
  • The pandemic has created a surge in demand for electronic payment services and Fawry being the leading player in Egypt obviously has benefitted a lot from that – which is also evident from company’s just-announced financials for the second quarter.
    • kenza_abdelhaq
      kenza_abdelhaq on 13 Feb 21
       
      The demand for electronic payment services mainly provided by Fawry in Egypt increased in the context of the pandemic.
  • ...7 more annotations...
  • Share7KTweetShareWhatsAppEmail7K SharesEgyptian electronic payments company Fawry now has a market cap of over $1 billion. It achieved the feat during the intraday trading, with its share price rising to EGP 22.69 which gives it a market cap of EGP 16 billion or $1 billion (for the first time). With this, Fawry has become the first technology company in Egypt to get to the billion-dollar valuation.
    • kenzabenessalah
      kenzabenessalah on 13 Feb 21
       
      It's important to keep in mind that Fawry started out small and then became the first technology company in Egypt to get a market cap of $1 billion.
  • Egyptian electronic payments company Fawry now has a market cap of over $1 billion. It achieved the feat during the intraday trading, with its share price rising to EGP 22.69 which gives it a market cap of EGP 16 billion or $1 billion (for the first time). With this, Fawry has become the first technology company in Egypt to get to the billion-dollar valuation.
    • ayachehbouni
      ayachehbouni on 13 Feb 21
       
      This achievement was partly, or mainly, due to the Covid-19 pandemic that pushed many people to place a high demand on Fawry's many e-payment solutions and services.
  • Its revenue for the first half of 2020 has increased by 47 percent (year-on-year) to EGP 549.26 million ($34.41 million) from EGP 373.33 million ($23.38 million) for the same period of 2019. The net profit of the company in H1 2020 has increased by over 135 percent YoY to EGP 85.9 million ($5.38 million) from EGP 36.47 million ($2.29) in H1 2019.
    • hibaerrai
      hibaerrai on 13 Feb 21
       
      Fawry leads the Fintech Egyptian Market, its stock price has increased, and its revenue has increased as well in 2020.
  • Its stock price has increased by over 300 percent since its debut at The Egyptian Exchange in August last year. It had gone public with its shares priced at EGP 6.46 (per share).
  • Egypt's Fawry is now a billion-dollar company
  • Its stock price has increased by over 300 percent since its debut at The Egyptian Exchange in August last year. It had gone public with its shares priced at EGP 6.46 (per share).
    • mehdibella
      mehdibella on 13 Feb 21
       
      Fawry had witnessed a surge in its stock price during the first two months after its public markets debut but the price afterward remained almost flat until March -
  • Its revenue for the first half of 2020 has increased by 47 percent (year-on-year) to EGP 549.26 million ($34.41 million) from EGP 373.33 million ($23.38 million) for the same period of 2019. The net profit of the company in H1 2020 has increased by over 135 percent YoY to EGP 85.9 million ($5.38 million) from EGP 36.47 million ($2.29) in H1 2019.
    • mehdibella
      mehdibella on 13 Feb 21
       
      The pandemic has created a surge in demand for electronic payment services and Fawry being the leading player in Egypt obviously has benefitted a lot from that - which is also evident from company's just-announced financials for the second quarter
  • kenza_abdelhaq on 13 Feb 21
     
    "Fawry that is the only technology company on The Egyptian Exchange currently offers over 250 electronic payment services through its network of over 105,000 service points across 300 cities in Egypt - that include ATMs, mobile wallets, retail shops, post offices, and little vendor kiosks."
  • mehdi-ezzaoui on 13 Feb 21
     
    Fawry that is the only technology company on The Egyptian Exchange currently offers over 250 electronic payment services through its network of over 105,000 service points across 300 cities in Egypt - that include ATMs, mobile wallets, retail shops, post offices, and little vendor kiosks.
kenzabenessalah

Cassava Fintech new COO projects an 80% online usage for its company´s paymen... - 0 views

nairametrics.com/...-its-companys-payment-platform

Benefits Currency Cassava

shared by kenzabenessalah on 12 Feb 21 - No Cached
  • In this interview with Nairametrics, Femi Oshinlaja COO, Cassava Fintech, disclosed that the company is also open to embracing digital currencies as long as there’s a use case that benefits people and businesses across the continent.
    • kenzabenessalah
      kenzabenessalah on 12 Feb 21
       
      It was a smart idea for Cassava to welcome digital currencies not only local ones.
hindelquarrouti

M-Pesa FAQs - 0 views

www.vodafone.com/...m-pesa-faqs

M-pesa inclusion Fintech

shared by hindelquarrouti on 12 Feb 21 - No Cached
  • M-Pesa offers a safe, fast and low-cost way to pay, receive, transfer and store money. M-Pesa, works in real time and digitally, making it faster and cheaper than traditional informal money transfer services (e.g. sending money on a bus) and safer since every transaction is protected and signed with a PIN.
  • M-Pesa is specifically designed to benefit customers who have no access to banks - either because they do not have a bank account or because they live too far away from a bank branch. Each transaction is made with a mobile handset, enabling our customers to send money from any location.
  • chaimaa-rachid on 12 Feb 21
     
    The client doesn't need to have a bank account or any extravagant cell phone. The individual only has to enroll for an M-Pesa account with Safaricom. M-Pesa offers a fast business and clients are truly satisfied with it.
  • hindelquarrouti on 13 Feb 21
     
    It is interesting to see that M-pesa promoted financial inclusion without making its customers be necessarily bounded to it. This might be the element that led unbanked people embrace it even more. It doesn't require a bank account, yet it gives you the benefit of financial services.
aminej

Easy Equities - Ince Communications Agency - 0 views

www.ince.co.za/...easy-equities

Strategy Financial Literacy Fintech Trading Platform Service

shared by aminej on 13 Feb 21 - No Cached
  • EasyEquities is an investment platform specialising in fractional investing. With the democratisation of technology and the rise of the Internet of Things, investing now has too become democratised. With EasyEquities, you can now enjoy the economic benefits of buying whole shares (price dividends and other corporate actions) through the purchase of fractional shares. Fractional shares – indicative of the democratisation of investment opportunities – are fractions of whole shares purchased at no minimum cost. Once you acquire fractional shares through the EasyEquities platform, you earn Fractional share rights (FSRs). As you make further investments in FSRs and ultimately end up with a whole share, the whole share is delivered to you. EasyEquities gives you the opportunity to enjoy the same diversification benefits through fractional shares as you would have with a large share portfolio, making every Rand and Cent count
    • aminej
      aminej on 13 Feb 21
       
      I think that the strategy chosen by EasyEquities here is to lead the South African trading market by providing a plateform with 0 costs in which you can trade and invest. They also facilitate trading through this plateform instead of going to the stock exchange market so it is very innovative. They also want to educate a large part of the South African population to know more about investing and trading in a smart way
samielbaqqali

Vodafone, MTN Can Share Client Data With Ghana to Trace Contacts - Bloomberg - 1 views

www.bloomberg.com/...a-with-ghana-to-trace-contacts

MTN Fintech Vodafone

shared by samielbaqqali on 12 Feb 21 - No Cached
  • Vodafone and MTN’s Ghanaian units are allowed to share subscriber data with the government to help it track down the contacts of coronavirus cases, a high court in Accra ruled Tuesday.
  • Vodafone and MTN’s Ghanaian units are allowed to share subscriber data with the government to help it track down the contacts of coronavirus cases, a high court in Accra ruled Tuesday.
  • Vodafone and MTN’s Ghanaian units are allowed to share subscriber data with the government to help it track down the contacts of coronavirus cases, a high court in Accra ruled Tuesday.
    • samielbaqqali
      samielbaqqali on 13 Feb 21
       
      A clear example of the advantages of alliances is this. In order to help track covid19 cases in Ghana, MTN and Vodafone use their power of technology. Fintechs, I guess, are the biggest winners in this pandemic.
  • hichamachir on 12 Feb 21
     
    This is a good example of the benefits of partnerships. MTN and Vodafone use their technology power in order to help tracing covid19 cases in Ghana. I think that Fintechs are the biggest winners during this pandemic.
  • hindelquarrouti on 13 Feb 21
     
    The fact that MTN will help the government in tracking down coronavirus cases will most likely benefit the image of the company and increase the trust of its customers.
mehdibella

Covid-19 - Morocco.pdf - 0 views

Fintech finance Morocco Dabadoc

shared by mehdibella on 11 Feb 21 - No Cached
  • #SolidariTECH The CGEM continues to invest in startup development. In collaboration with the Moroccan Start-up Ecosystem Catalysts (MSEC), it has launched a social initiative called #SolidariTECH. It orientates the startups to develop agile solutions to the COVID19 and quarantine issues for the benefit of civil society, companies and the Government. They provide new solutions in the fields of health, education and even DabaDoc medical consultation online. Now this initiative is welcoming a new stakeholder, the International Finance Corporation. It also aims to deploy the solutions proposed by these startups in neighboring countries such as Algeria and Tunisia and identify new synergies between #SolidariTECH and similar initiatives carried out in the Maghreb region.
    • samiatazi
      samiatazi on 11 Feb 21
       
      I am amazed to hear that a Moroccan start up ended up being one of the biggest companies operating not only in Morocco but also in Algeria and Tunisia, and doing their best to spread this positive impact through collaborating with some initiatives like SolidariTECH.
  • The CGEM continues to invest in startup development. In collaboration with the Moroccan Start-up Ecosystem Catalysts (MSEC), it has launched a social initiative called #SolidariTECH.
  • For instance, the platform “DabaDoc “offers citizens the option to have a medical consultation online. Now this initiative0.959
nourserghini

BiSmart - 0 views

bismart.co.ke

Bismart Insurtech services

shared by nourserghini on 12 Feb 21 - No Cached
  • Bismart Insurance enables the uninsured African population to access Insurance through co-creating relevant products with existing affinity groups like saccos, schools, welfare groups, Micro-finance institutions etc and connecting them to insurance companies through technology. 
    • tahaemsd
      tahaemsd on 12 Feb 21
       
      customers are able to review and rate their insurance providers based on their experience
  • Bismart Insurance enables the uninsured African population to access Insurance through co-creating relevant products with existing affinity groups like saccos, schools, welfare groups, Micro-finance institutions etc and connecting them to insurance companies through technology.  At Bismart platform customers are able to reveiw and rate their insurance providers based on their experience, this forces insurance players to compete in giving our customers the best customer experience.
    • aminej
      aminej on 12 Feb 21
       
      I love this concept because it will help many Africans to be protected against different types of risks such as natural disaster, theft, weather conditions. It will also reduce the number of unbanked people across the African continent
  • At Bismart platform customers are able to reveiw and rate their insurance providers based on their experience, this forces insurance players to compete in giving our customers the best customer experience.We enable customers to compare insurance policies from muiltiple providers not just based on price but based on benefits, exclusions and other customers reviews.
    • nourserghini
      nourserghini on 13 Feb 21
       
      Bismart allows customers to compare their insurance providers' services based on price, benefits, exclusions and reviews.
chaimaa-rachid

WorldRemit and Xpress Money announce global money transfer partnership | ZAWYA MENA Edi... - 2 views

www.zawya.com/...artnership-ZAWYA20161206084424

WorldRemit Xpress-Money Partnership

shared by chaimaa-rachid on 12 Feb 21 - No Cached
  • Through Xpress Money’s extensive agent partner network, WorldRemit customers will be able to make secure, instant money transfers to be collected as cash. Initial countries in the rollout will include Algeria, Egypt, Ethiopia, Fiji, Lebanon, Pakistan, Sri Lanka and Tonga. Over the next few months, customers will also be able to receive money transfers in their bank accounts, mobile wallets, etc. 
  • tance as easy as sending an instant message.Xpress Money is one of the fastest growing instant money transfer com
  • Ismail Ahmed, founder and CEO at WorldRemit, comments: “We want to offer our customers the widest and most convenient choice of payout options. Xpress Money is a trusted and dependable money transfer brand with a fantastic network of agents across the world. Our partnership will extend our footprint into new territories and will enable even more people to make secure, instant money transfers.”
    • samielbaqqali
      samielbaqqali on 12 Feb 21
       
      To enhance your company, partnerships are always a good idea. However, often it can be dangerous because you can lose your company's identity, so WorldRemit benefits from this relationship, but it also needs to be careful about it.
  • ...2 more annotations...
  • WorldRemit and Xpress Money announce global money transfer partnership
  • ith the WorldRemit app or website, customers send more than 500,000 transfers every month to more than 125 destinations
  • hichamachir on 12 Feb 21
     
    Partnerships are always a good idea to improve your business. However, it can be risky sometimes because you can loose the identity of your business, so WorldRemit is benefiting from this partnership but also need to be careful about it.
  • hindelquarrouti on 13 Feb 21
     
    Worldremit got in a beneficial partnership with Xpress Money in order to improve global money transfers. Now, because of this partnership, their customers will be able to make instant, safe money transfers.
  • chaimaa-rachid on 13 Feb 21
     
    In this article, we can see that Worldremit has made a new partnership with Xpress Money which will improve cash movements around the world.
hindelquarrouti

Mobile money: A product of choice for women to send and receive remittances - 2 views

www.ifad.org/...41410919

Worldremit Fintech females

shared by hindelquarrouti on 12 Feb 21 - No Cached
  • Women constitute the majority of remittance recipients globally and remittances have an impact on both women’s actual income as well as on social normsRemittances are believed to directly touch the lives of 1 billion people globally, maintaining millions of receiving families above the poverty line with remittances often representing 60 per cent or more of household income.
  • Remittances are believed to directly touch the lives of 1 billion people globally, maintaining millions of receiving families above the poverty line with remittances often representing 60 per cent or more of household income. Globally, women represent almost half of the 258 million migrants and back home in the countries of origin, women represent the majority of remittance recipients.
    • samielbaqqali
      samielbaqqali on 12 Feb 21
       
      For people in need, WorldRemit has solved a big problem. It isn't just about women on the poverty line who can benefit from this program, but it can be done for anyone in need. I believe that programs that address social issues will easily win the trust of customers.
  • data from WorldRemit indicates that in 2014, 20.46 per cent of their female customers globally would use mobile money as payout mechanism compared to only 13.99 per cent of men.
  • ...1 more annotation...
  • First of all, mobile money is significantly cheaper than cash-based remittance services
  • hichamachir on 12 Feb 21
     
    WorldRemit solved a huge problem for people in need. It's not about just women who are in the poverty line that can benefit from this service, but everyone in need can do so. I think that services that solve social problems can gain customers trust easily.
  • hindelquarrouti on 13 Feb 21
     
    World remit has introduced an advantage by increasing convenience security, and privacy which has clearly helped a lot in including unbanked females as they are inclined toward this kind of characteristics.
ayoubb

MoneyFellows | Partech - 0 views

partechpartners.com/...moneyfellows

shared by ayoubb on 13 Feb 21 - No Cached
  • MoneyFellows users can benefit from some of the following features:Flexible payment options (Credit Card, salary deduction, Direct Debit, Fawry payments, cash collection);Guaranteed payout dates and amounts;Secure Money Circles - users always receive 100% of their payout, even if other members of the circle are late or miss payments;Smart Credit Scoring System, where users continuously build up their score to unlock higher payouts;A variety of benefits for employees of their corporate partners.
    • tahaemsd
      tahaemsd on 13 Feb 21
       
      different options and features for moneyfellows
  • For thousands of years, people have participated in offline Money Circles in the same way, facing a great number of difficulties and limitations. MoneyFellows digitizes the ROSCA model, making it more, secure, manageable and automated. Users can always find available Money Circles without being limited to their social network or geographic location and with a much larger variety of Payout dates and amounts
    • ayoubb
      ayoubb on 13 Feb 21
       
      MoneyFellows:
aminej

Bismart Insurance | F6S - 0 views

www.f6s.com/bismartinsurance

Fintech Funds Investing Online Mobile App

shared by aminej on 13 Feb 21 - No Cached
  • We started Bismart as an online comparison platform that creates trasparency in the insurance Industry by allowing customers to compare benefits and price and chose insurance based on information. Through data analytics, we learnt that the new and non-traditional customer/ the digital and mobile customer has unique preference for processes and products.
  • We started Bismart as an online comparison platform that creates trasparency in the insurance Industry by allowing customers to compare benefits and price and chose insurance based on information. Through data analytics, we learnt that the new and non-traditional customer/ the digital and mobile customer has unique preference for processes and products.
    • aminej
      aminej on 13 Feb 21
       
      Bismart offers a completly new type of insurance different from the traditional one that will help many entrepreneurs and people who want to start their business
omarlahmidi

What SnapScan can do for South African retail businesses - 1 views

businesstech.co.za/...outh-african-retail-businesses

Africa E-Payments SnapScan

shared by omarlahmidi on 07 Feb 21 - No Cached
  • The overall benefits for businesses and customers include: Safety and security: Customers can pay via their mobile phone and retailers can rest assured knowing that extensive security measures are in place. Speed: It’s fast, as customers simply need to scan the display code at a till point. Convenience: There is no need to carry cash around and paying via SnapScan offers a frictionless experience. Cashless: As customers won’t be using cash, it is easier for businesses to authenticate and formalise transactions. SnapScan is a mobile payments solution with a variety of payment options available for retailers.
  • The overall benefits for businesses and customers include: Safety and security: Customers can pay via their mobile phone and retailers can rest assured knowing that extensive security measures are in place. Speed: It’s fast, as customers simply need to scan the display code at a till point. Convenience: There is no need to carry cash around and paying via SnapScan offers a frictionless experience. Cashless: As customers won’t be using cash, it is easier for businesses to authenticate and formalise transactions. SnapScan is a mobile payments solution with a variety of payment options available for retailers.
    • samielbaqqali
      samielbaqqali on 12 Feb 21
       
      I like the concept of defining SnapScan as a solution for companies looking for a service that is quick and good.
  • SnapScan offers quick, easy, and secure mobile payment solutions to retailers so their customers can enjoy the convenience of paying on the fly. Mobile payments can also mean that staff spend less time processing payments, as SnapScan can be integrated with a variety of leading point-of-sale systems. Businesses that offer delivery services can give their drivers a lanyard with a SnapCode (unique QR code) so customers can pay for goods or services during delivery. Retailers that have an online store can use SnapScan to offer a streamlined and consistent experience to their customers across multiple platforms.
  • ...5 more annotations...
  • Evolving checkout processes are one of the fastest growing trends in the retail space, as users are demanding better and more flexible shopping experiences and payment processes. Because of this, cashless payments and omnichannel options are becoming the norm, putting forward the business case for mobile payments, as they provide customers with a consistent experience. In fact, retailers that are reconfiguring their systems to accommodate increasing mobile customers – who expect multichannel options which support quick and secure digital payments – are more likely to see a boost in sales and growth.
    • mbellakbail69
      mbellakbail69 on 13 Feb 21
       
      SnapScan provides retailers with fast, simple, and safe mobile payment solutions so that their customers can easily enjoy floating payments. Mobile purchases can also result in less workload for workers, as SnapScan can be incorporated into a number of leading points of sale systems.
    • omarlahmidi
      omarlahmidi on 13 Feb 21
       
      With the development of the world, digital solutions must be implemented in order to improve shopping experiences for customers
  • SnapScan offers quick, easy, and secure mobile payment solutions to retailers so their customers can enjoy the convenience of paying on the fly.
  • Evolving checkout processes are one of the fastest growing trends in the retail space, as users are demanding better and more flexible shopping experiences and payment processes.
  • Today every industry, but especially the retail industry, is experiencing pressure to implement digital solutions in order to remain competitive.
  • Evolving checkout processes are one of the fastest growing trends in the retail space, as users are demanding better and more flexible shopping experiences and payment processes.
  • hichamachir on 07 Feb 21
     
    I like the idea of identifying SnapScan as a solution for businesses that are looking for a fast and good service. The business delivers a safe, good and fast service which make it a very useful service. SnapScan is another example that shows Fintech improves our life.
  • chaimaa-rachid on 13 Feb 21
     
    I love how Snapscan is constantly creating and innovating to furnish its clients with security and speed while making their mobile payments.
mohammed_ab

How Can FinTech Companies Gain Agility by Setting a Cloud Strategy - The PNR - 0 views

thepnr.com/ud-strategy-financial-industry

Fintech Strategy Cloud Computing M-Pesa

shared by mohammed_ab on 13 Feb 21 - No Cached
  • Cloud computing allows financial institutions to optimize IT resources and remove development constraints based on IT’s capacity to deliver (Cofran, 2011, p. 1). Financial institutions can respond faster to needs of customers by reducing development cycles for new products and scale products as needed because of the flexibility of the cloud (Sriram, 2011, p. 4). Furthermore, cloud computing helps financial institutions standardize applications and infrastructures which simplify the overall enterprise architecture. According to Courbe (2013), having a common infrastructure already in place worldwide enables a system to serve customers more efficiently and effectively globally.
  • mohammed_ab on 13 Feb 21
     
    Cloud computing has a lot of benefits on financial services. M-Pesa which is a fintech that offers mobile payment solutions to the unbanked population could really benefit from cloud computing. By using cloud computing, M-Pesa could improve its system reliability as it allows you to have higher data protection and recovery. It will also allow M-Pesa to optimize its IT infrastructure.
1 - 20 of 107 Next › Last »
Showing 20▼ items per page