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hindelquarrouti

The launch of MasterCard Bill Pay services in cooperation with Fawry | Al Bawaba - 0 views

  • For the first time in Egypt, MasterCard Worldwide has teamed up with Fawry, the nationwide Electronic Bill Payment and Presentment (EBPP) network, to launch MasterCard Bill Pay services to enable MasterCard cardholders to use their cards for bill payments and mobile top-up via Fawry’s retail network. MasterCard cardholders can now settle their Internet, mobile and fixed line bills and also utilize the top-up payment services through Fawry-MasterCard enabled retail locations across Egypt.
  • For the first time in Egypt, MasterCard Worldwide has teamed up with Fawry, the nationwide Electronic Bill Payment and Presentment (EBPP) network, to launch MasterCard Bill Pay services to enable MasterCard cardholders to use their cards for bill payments and mobile top-up via Fawry’s retail network. MasterCard cardholders can now settle their Internet, mobile and fixed line bills and also utilize the top-up payment services through Fawry-MasterCard enabled retail locations across Egypt.
  • For the first time in Egypt, MasterCard Worldwide has teamed up with Fawry, the nationwide Electronic Bill Payment and Presentment (EBPP) network, to launch MasterCard Bill Pay services to enable MasterCard cardholders to use their cards for bill payments and mobile top-up via Fawry’s retail network. MasterCard cardholders can now settle their Internet, mobile and fixed line bills and also utilize the top-up payment services through Fawry-MasterCard enabled retail locations across Egypt.
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  • This is the first time the service has been introduced in Egypt and MasterCard cardholders will be the first to enjoy this fast, easy, secure and convenient bill payment channel. MasterCard and Fawry opted to launch this service in Egypt as a key market in the Middle East and Africa regions.
    • samielbaqqali
       
      MasterCard is committed to offering creative transaction solutions for the Egyptian industry, which is continuously evolving electronic installments. MasterCard replied to the needs of Egyptian consumers, who are continually progressing and need to make their regular payments with more adaptable and safe payment options.
  • Recognizing the need to continue providing our customers with innovative payment options, we worked closely with MasterCard to offer cardholders a new and convenient method for bill payments,” said Ashraf Sabry, CEO, Fawry
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    MasterCard is devoted to delivering innovative transaction solutions for the Egyptian market where electronic installments are continually developing. MasterCard tended to the necessities of Egyptian customers, who are consistently progressing and require more adaptable and secure payment choices to make their everyday installments.
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    It is remarkable how a company like Fawry, that started in a market with a considerable number of unbanked people, and sceptical people regarding online financial payments, made it to a partnership with MasterCard.
samiatazi

Role of FinTech in the post-COVID-19 world - Financier Worldwide - 0 views

  • Digital financeAs the global economy recovers from COVID-19, one particular area of focus for FinTech is financial inclusion. According to the World Bank, there are currently around 1.7 billion unbanked individuals worldwide, and FinTechs will be central to efforts to integrate these people into the global banking system.Doing so will help to mitigate the economic and social impact of the pandemic. According to Deloitte, FinTechs, in strategic partnerships with financial institutions, retailers and government sectors across jurisdictions, can help democratise financial services by providing basic financial services in a fair and transparent way to economically vulnerable populations.Digital finance is also expanding in other areas. Health concerns in the COVID-19 era have made physical cash payments less practical, opening the door to an increase in digital payments and e-wallets. Though cash use was predicted to decline in any case, COVID-19 has hurried that decline, due to concerns that handing over money can cause human to human transmission of the virus. According to a Mastercard survey looking at the implications of the coronavirus pandemic, 82 percent of respondents worldwide viewed contactless as the cleaner way to pay, and 74 percent said they will continue to use contactless payment post-pandemic.In addition, improved ‘know your customer’ services are required to counter the rise in digital fraud and cyber crime since the beginning of the outbreak. As more of the global economic and financial system continues to move online, cyber defences will become even more crucial to protect data. Security-conscious FinTechs are designing their products with this in mind – even if face-to-face meetings and processes do return. Given the rising reliance on technology, digital transformation will be a primary focus for FIs in the months and years ahead. Whereas previous efforts to integrate technology may have been limited in scope, many FIs are awakening to the fact that in order to deliver an efficient, effective and sustainable banking service, they must adopt a more holistic approach to digital transformation, which includes utilising FinTech.
    • samiatazi
       
      In 2018, the world market for FinTech has been worth roughly 127.66 billion dollars, and is projected to hit 309.98 billion dollars by 2022. Just 1 percent of FinTechs have suffered from COVID-19 and 2 percent severely. Physical cash transfers have become less feasible because of health issues, opening up the road to a rise in digital payments and Fintechs.
hindelquarrouti

WorldRemit review 2021: Complaints, fees, rates | finder.com - 2 views

  • What to watch out forMaximum daily limits. Transaction limits depend on how you are sending the money, while a total 24-hour cap of $9,000 applies to all transactions being sent by you out of the US.Changing fees. Depending on where you are sending to, how you are paying and how you are transferring money, your fees may vary. Although a base fee of $3.99 is applied to most transfers, keep an eye on this category when actually completing your transfer to make sure it doesn’t change.No hedging options. WorldRemit only offers one-off transfers, unlike some of its competitors that offer additional tools to help you save money. Hedging tools are most often used to lock in an exchange rate, helping you save money on future transfers if the market shifts against your position.Inconsistent markups. Exchange rates vary through WorldRemit and depend not only on the currency you are sending to but also on the destination country. Expect mid-market markups anywhere from 1-4%.
  • Easy-to-use website. Signing up and sending money can be done in as little as a few minutes, and support can be accessed through phone, email, live chat and FAQs.Worldwide network. Customers in more than 50 countries can send funds to over 150 countries using a variety of methods, including bank transfers, cash pickup at thousands of locations, door-to-door delivery, delivery to services like Alipay and more.Flexible payment options. Pay with a credit or debit card, from your bank account, through Apple or Google Pay and even with prepaid cards.Fast transfers. Cash pickups, WorldRemit Wallet transfers and airtime top-ups are typically available instantly after sending, while mobile money and bank deposits may take one or more business days to process.
    • samielbaqqali
       
      The boundaries of WorldRemit services are discussed in this article. Every service has its limits, so the company has to focus on this aspect to strengthen its services by asking the service users for feedback.
  • Cash pickups, WorldRemit Wallet transfers and airtime top-ups are typically available instantly after sending, while mobile money and bank deposits may take one or more business days to process.
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  • WorldRemit transfers can be sent from over 50 countries and received in over 150 countries.
  • WorldRemit uses many methods to protect your transaction and is authorized and regulated by many government agencies.
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    This article talks about the limits of WorldRemit services. I think that every service got its limits so the company has to work on this aspect in order to improve its services by asking about feedback for the service users.
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    Besides aiming for financial inclusion, Worldremit offers a lot of benefit to its client since it is easy to use, as well as, it is a worldwide network with flexible payment options and fast transfers that are not available in traditional banking. This has created a competitive advantage for the company
aminej

Ghana maintains score on Corruption Perception Index | ARAP-Ghana - 0 views

  • The 2019 Corruption Perception Index (CPI) was released worldwide on 23 January 2020, scoring and ranking 180 countries and territories by their perceived levels of corruption.  The Index put together by Transparency International ranks countries annually by their perceived levels of corruption, as determined by expert assessments and opinion surveys.
    • aminej
       
      The corruption index ranks Ghana 75th worldwide, doing better than 37 african countries but less than 9 others. Still corruption can be considered as a threat for our company since it can affect the political framework in which our company operates
  • The index foresees a range between zero (highly corrupt) and 100 (very clean), and based on these points, it ranks countries from the best performing to the worst-performing.  Since CPI is a perception index, no country will ever achieve a perfect score.  
hibaerrai

WorldRemit Partners with Palawan Pawnshop in the Philippines to Let Filipinos Pick Up C... - 0 views

  • WorldRemit is a leading digital cross-border payments business. We disrupted an industry previously dominated by offline legacy players by taking international money transfers online—making them safer, faster, and lower-cost. We currently send from 50 to 150 countries, operate in 6,500 money transfer corridors worldwide, and employ over 1,100 people globally.On the sending side WorldRemit is 100% digital (cashless), increasing convenience and enhancing security. For those receiving money, the company offers a wide range of options including bank deposit, cash collection, mobile airtime top-up, and mobile money.
    • hibaerrai
       
      WorldRemit started the year successfully with a new remittance partner in the Philippines (Palawan Pawnshop) expanding thus its activities in the country.
  • Backed by Accel, TCV, and Leapfrog—WorldRemit’s headquarters are in London, United Kingdom with regional offices in the United States, Canada, Australia, New Zealand, Hong Kong, Singapore, Malaysia, the Philippines, South Africa, Somaliland, Uganda, Kenya, Rwanda, Tanzania, Zimbabwe, and Belgium.
    • hibaerrai
       
      WorldRemit is based in London but expanded in numerous countries all over the world namely in Africa.
kenza_abdelhaq

Bango partners with TPAY MOBILE to accelerate mobile commerce London Stock Exchange:BGO - 1 views

  • TPAY MOBILE makes it easy for digital service providers to access over 600 million customers and accept payments across MEA and Turkey. Through one simple API integration, TPAY MOBILE’s full service mobile payment platform enables rapid business growth and drives financial inclusion.
  • Bango (AIM: BGO), the data-driven commerce company, and TPAY MOBILE FZ-LLC (TPAY MOBILE, www.tpaymobile.com) the full-service digital payments platform for the Middle East, Africa, and Turkey, have formed a strategic partnership to increase access to digital commerce. This partnership simplifies and accelerates entry into new markets for online merchants by connecting platforms and pooling operational expertise
    • kenza_abdelhaq
       
      Tpay mobile partnered up with the global company Bango that offers payment insights based on commerce data. This strategic partnership allowed the two companies to pull resources together and share their operational expertise.
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  • TPAY MOBILE has pioneered digital commerce and financial inclusion in the Middle East, Africa, and Turkey. Its technology is used by regional digital merchants and international brands like Google, Apple, Unity, Huawei, PUBG and Tencent to connect to consumers across MEA and Turkey. These merchants can now scale globally through the worldwide payment reach enabled by the Bango Platform. In addition, merchants integrated to either Bango or TPAY MOBILE can accelerate revenue growth from their products and services, by using Bango Audiences in marketing programs, which attract more paying customers through payment behavior targeting.
    • kenza_abdelhaq
       
      This partnership allows Tpay Mobile to use Bango platform and audiences and have a more global reach. This partnership also allows Tpay Mobile to target customers depending on their payment behavior and therefore attract more paying customers. On the other hand, Bango benefits from the digital commerce and financial inclusion expertise that Tpay Mobile has in the MEA region and Turkey.
  • App developers, stores and payment providers cross the threshold into the Bango ecosystem to converge, grow and thrive. By bringing businesses together and powering e-commerce with unique data-driven insights, Bango delivers new business opportunities and new dimensions of growth for customers around the world. Being inside the Bango circle means global merchants including Amazon, Google and Microsoft can work together with payment partners from Africa to the Americas, accelerating the performance of everyone on the inside.
    • kenza_abdelhaq
       
      Tpay Mobile's partner Bango is a data driven company giving valuable insights to companies to enhance E-commerce performance, allow growth, and enhance customers' experience and inclusion on a broader scope.
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    Nowdays, rapid platforms get a lot of attention, because, as there's big competition, the only way for a platform to have an advantage is to work on the design and the rapidity
chaimaa-rachid

Women | Kiva - 0 views

  • Worldwide, women have much less economic opportunity, security, and freedom. Support women starting their own businesses, going to school, and investing in the health of their communities and families.
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    I love the way Kiva thought about helping women. Most of the time, women have difficulty obtaining contractual loans to start their own projects.
hichamachir

Pula Partners CGAP to Bring Satellite-Based Agricultural Insurance to 18 Million Nigeri... - 1 views

  • Over 2.5 billion of the world’s adults remain unbanked and have no access to formal banking or semiformal microfinance institutions according to a report by McKinsey.
  • Pula Advisors, a fintech firm reimagining agricultural insurance to protect smallholders worldwide, with operations in Kenya, Rwanda, Uganda, Nigeria, Ethiopia and Malawi has partnered with the Consultative Group to Assist the Poor (CGAP) to deploy satellite-based agricultural insurance to smallholder farmers in Nigeria who are estimated to be around 18 million. With the partnership, Pula will install satellite technology to track a wide range of catastrophes cost effectively, at speed and without missing out on any areas.
  • “We hope that the high-quality yield and satellite data available today will enable local insurers and Pula Advisors to create an innovative yield predictive model that decreases the cost of area yield index insurance. At the end of the day, we want to make this product more accessible to smallholder families, allowing them to invest with more confidence and increase their yields,” said Emilio Hernandez, who leads CGAP’s work with smallholders.
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    This article highlights the partnership between Pula and CGAP, which enabled Pula to use satellites to better study & analyze the lands of farmers. The use of satellites will allow Pula to be very cost-effective and quick in analyzing weather uncertainty.
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    I like how Pula always thinks about improving its technology. Using partnerships in order to improve the business you is always a great idea. I highly support that.
chaimaa-rachid

Fintech alliance facilitates MoneyGram MoMo transfers in Cameroon | ITWeb Africa - 0 views

  • MTN Mobile Money (MoMo) subscribers in Cameroon can now receive international money transfers through MoneyGram directly into their mobile wallets
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    I think it's a great idea for the partnership between MTN and MoneyGram to offer its supporter in Cameroon the benefit of getting worldwide remittances through MoneyGram.
nouhaila_zaki

JUMO.WORLD: About | LinkedIn - 0 views

  • JUMO is a financial technology company that partners with banks, MNOs and other e-commerce players to deliver progressive financial choices to customers in emerging markets across Africa and Asia. At JUMO we connect people to opportunities. Two billion people worldwide have limited access to formal financial services such as borrowing and saving. We’ve built a large-scale, multi-sided technology platform and designed progressive financial choices to reach them. We use their digital footprint to create a financial identity using only behavioural data. Our customers are in emerging markets across Africa and Asia. Most of them are micro and small to medium enterprises who need instant access to finance so they can grow and invest. So far we’ve served more than 10 million customers and disbursed over 40 million loans – and the numbers are rising daily.
    • nouhaila_zaki
       
      This excerpt provides us with a great overview about Jumo. It describes Jumo as a financial technology company that has different partners in several fields. Thereafter, it describes the Jumo's customer base (people who don't have access to formal financial services, who live in emerging markets in Africa and Asia, and who have micro/small/medium enterprises they need to finance), and explains how the company tries to reach its audience.
sawsanenn

Visa partners with Paga for payments technology | FinTech Alliance - 0 views

  • Paga account holders will now be able to transact on Visa’s global network. Both companies will work together to develop technology and aim to drive larger payments volumes for both companies. The partnership also reflects Visa’s priorities in Africa.
    • ghtazi
       
      with the partnership of VISA and Paga, paga's account holders will be able to make purchases across the worldwide Visa network. Both businesses will join their strengths and work together to improve technologies and strive to maximize payment volumes. The relationship represents the goals of Visa in Africa as well.
  • In Brief: Paga was founded in Lagos and scaled in West Africa. It has a multichannel network for 14mn customers in Nigeria. People can use the tool to transfer money, pay bills and buy things digitally through the mobile app or agents.
    • nouhaila_zaki
       
      This excerpt does a good job in quickly introducing Paga and the partnership with Visa. The most important idea to extract is that thanks to the partnership with Visa, people can transfer money, pay bills and purchase digitally through the mobile app or agents.
  • Paga account holders will now be able to transact on Visa’s global network. Both companies will work together to develop technology and aim to drive larger payments volumes for both companies. The partnership also reflects Visa’s priorities in Africa.
    • sawsanenn
       
      this partnership with visa will allow paga's users to make more transactions and can attract visa's customers to use paga as well
sawsanenn

(2) JUMO.WORLD: Overview | LinkedIn - 0 views

  • At JUMO we connect people to opportunities. Two billion people worldwide have limited access to formal financial services such as borrowing and saving. We’ve built a large-scale, multi-sided technology platform and designed progressive financial choices to reach them. We use their digital footprint to create a financial identity using only behavioural data.
    • sawsanenn
       
      It a financial technology company that partners with banks, Multinational companies, and other e-commerce players to deliver progressive financial choices to customers in emerging markets
mohammed_ab

'Smart' insurance helps poor farmers to cut risk | Financial Times - 1 views

  • The policies or “smart contracts” currently under development are based on blockchain, the distributed ledger technology that underpins cryptocurrencies like bitcoin. This avoids the need for paperwork and means payouts can be triggered automatically when certain conditions are met, such as a specific number of days of drought. The system uses high-resolution satellite images to detect rainfall and plant growth data.Conventional crop insurance is too expensive for more than 500m small farmers worldwide, says Christopher Sheehan, founder and chief executive of US-based WorldCover, which developed the system. “But with machine learning and blockchain technology, we can process these data very cheaply to produce a really simple crop insurance product with premiums of $20 to $50 for a farmer who might only be earning $3,000 a year.” Payments can be made using mobile money transfer services such as M-Pesa.
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    I think that this article highlights the main benefits of blockchain technology on the insurance industry. It shows how blockchain has enabled easy and quick transactions to take place in the insurance world especially crop insurance. This technology has enabled companies like WorldCover to offer cheap insurance contracts for crop farmers to help them hedge against weather risks.
mehdi-ezzaoui

Lending Marketplace Lendio Provides $500,000 in Microloans to Women Owned Businesses in... - 1 views

  • Kiva is a non-profit lending platform well known for its microloan service targeted underserved markets globally. Lendio states that the program has now provided over $500,000 in microloans to business owners worldwide, 98% of whom are female. Lendio first launched the program in 2016. The company describes the program as part of its commitment to entrepreneurship and inclusivity. Lendio provides a microloan to a low-income entrepreneur for every new loan facilitated on its marketplace platform. This voluntary employee-contributed, employer-matched program reports a 94% participation rate among Lendio employees.
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    The importance of Kiva of empowering those business owners and knowing we're helping them keep their passion with offering microloans
mehdi-ezzaoui

EasyEquities turns profitable for Purple Group | Company News - 0 views

  • The online equity investment platform has reached a tipping point, with more than 150-thousand active users. Purple Group has reported a strong rise in first-half earnings as its EasyEquities online investment and trading platform reached tipping point. The fintech group owns 70% of EasyEquities and Sanlam Investments holds the remaining 30%.
    • aminej
       
      EasyEquities has been doing very well lately with an increase of active users, profit and platform assets. Even though the COVID crisis will affect them since a lot of people will lose their job, homes etc..many won't be able to invest anymore but still during any crisis there is place for opportunity.
  • The next six months will, no doubt, prove to be unpredictable. In many ways perhaps some of the toughest months experienced in the investment world in decades lie ahead with the world economy in unchartered waters," Purple Group said. "But that suits us just fine. Firm in the knowledge that we simply must, every minute of every day, be there for our partners and clients on their financial journey."
    • aminej
       
      This is the positive mindset that should be kept during crisis. Not only EasyEquities will suffer in this period but many other Fintechs. As we have seen many companies went banckrupt because of the crisis but I really hope EasyEquities will make it because they have been doing great work in Africa and worldwide
  • EasyEquities grew revenue by 140% to R28.6 million in the six months to end-February as the number of funded retail investment accounts more than doubled to 199,491. The platform generated a R76,000 profit for the period from a R12.4 million loss previously. Platform assets quadrupled to R15.8 billion.
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    easy equities make profits and grew revenue to become one the most profitable fintech
mohammed_ab

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

  • 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.
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    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.
mehdibella

FarmDrive Helps Unbanked Farmers in Kenya | The Borgen Project - 0 views

  • FarmDrive combats this lack of financial visibility by calculating alternative credit scores for Kenyan smallholder farmers. The startup requires users to input their expenses, revenue and yield via SMS and creates a platform for farmers to record business activity. FarmDrive then uses a complex algorithm to combine individual financial information with additional factors like the climate in the farmer’s region.
    • tahaemsd
       
      farmdrive eliminates some of the risk for banks by considering both the self reported financial history of farmers as well as exogenous variables that will affect their crop yields
  • By accruing farmer data, FarmDrive eliminates some of the risk for banks. FarmDrive has partnered with African financial firms who accept their alternative credit scores and determine appropriate loans for smallholder farmers. Lending institutions thus consider both the self-reported financial history of farmers as well as exogenous variables that will affect their crop yields.
    • mehdibella
       
      FarmDrive collects data from farmers via and combines it with satellite imaging, alternative data points to create detailed yield estimates and assess credit risk.
  • FarmDrive depends on aid organizations, like USAID, and private firms that operate in the agricultural industry. FarmDrive is expanding its data collection through new partnerships with Planet, a satellite company, and The Impact Lab, a data analytics group, to potentially incorporate climate information gathered via satellite imagery into its algorithm.
    • kenza_abdelhaq
       
      In addition to financial firms, FramDrive partners up with aid organizations, private firms operating in the agricultural industry, satellite company, and a data analytics group.
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  • There are 50 million smallholder farmers in Kenya, but less than 10 percent of this population has their economic needs fulfilled by traditional lenders. The agricultural sector makes up 32 percent of Africa’s GDP and employs 65 percent of its population, but less than 1 percent of bank lending goes to agriculture. Worldwide, there is an estimated $450 billion agricultural lending gap. African smallholder farmers face barriers to traditional lending because they are labeled high-risk borrowers by financial institutions. Traditional banks use credit scores and bank statements to determine a loan applicant’s riskiness. However, the average farmer in Africa cultivates fewer than five acres of land and owns no collateral or financial records.
    • aminej
       
      Unfortunaely for most farmers, they can't access credit from traditional banks because they are considered as high risk borrowers since they face many risks such as climate change, theft, lack of fertilizers. Now, through farmdrive everything changed with these new Fintechs who started giving more importance to farmers
samiatazi

FinTech: Financial services: Industries: PwC - 0 views

  • The lines between financial services (FS) and technology, media and telecommunications (TMT) firms have blurred to the point that the roads are a free-for-all and previously distinct sectors are colliding. Many TMT companies are applying for FS licences, and FS organisations have begun calling themselves technology companies. Fintech, or financial technology, is at the epicentre of this transformation. The FS and TMT industries are both using it to sharpen operational efficiency, lower costs, improve customer experience and heighten the appeal of their products and services. They’re also carving out new commercial possibilities. Digital-only banks are offering redesigned client propositions and cost profiles. Investment managers are deploying fully customised robo-advice. Insurers are using sensors to monitor people’s health and help prevent illness. And according to a recent PwC survey, consumers are ready for the digital shake-up. The question is no longer whether fintech will transform FS, but which firms will apply it best and emerge as leaders.  In this year’s Global Fintech Survey, we polled more than 500 FS and TMT executives worldwide and analysed their responses. We think the winning companies will be those that not only embrace fintech-driven business models but figure out how to navigate wider and more crowded lanes with approaches that make the most of FS and TMT’s combined strengths. This report will explore the current fintech landscape, the factors that will determine the likely winners and losers in coming years, and the steps that organisations can take to put themselves in the best position to lead. 
    • samiatazi
       
      Reports from PwC: There has been a blurring of the boundaries between financial services (FS) and electronics, media and telecommunications corporations. Most TMT firms applying for the FS permits, and FS agencies have been naming themselves as technology companies. It's no longer a matter about whether fintech will switch FS, but which businesses will better leverage it to become leaders. The winning businesses will take advantage of FS and TMT firms' joint strengths.
mohammed_ab

Pula Secures Funding from Global Investors to Support Smallholder Farmers in Africa and... - 0 views

  • At Pula, we are radically restructuring agricultural insurance, using technology to insure the previously unbanked, uninsured, untapped market of 1.5 billion smallholders worldwide. We work in nine countries across Africa and Asia, and in 2017 alone, we facilitated crop and livestock insurance cover to 611,000 farmers in Kenya, Rwanda, Uganda, Nigeria, Ethiopia and Malawi.
    • nourserghini
       
      Pula serves many African countries such as Ethiopia, Kenya, Rwanda, Uganda, Nigeria and Malawi.
  • Pula uses satellite data and farm yield measurements to understand how weather patterns affect a smallholder farmer’s yield, and uses this information to automate compensation in case of loss. The company also provides farmers with targeted agronomic advice via SMS messaging, helping them grow more from their existing landholdings.
  • Insurtech startup Pula announced today that it has closed a seed funding round to advance its efforts to provide insurance to smallholder farmers in Africa and South Asia.
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  • This injection of funds will enable Pula to invest further in its technology platform and service offerings.
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    I like the way Pula uses the latest technology in order to understand the weather and the possible problems that farmers might find. This is a very good strategy because farmers feel that Pula is doing its best to deliver the best insurance possible for them.
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    This excerpt shows that Pula has secured new funding to invest more in its technology. This is good news for its customers as they will benefit from better technology and more product offerings.
hindelquarrouti

SnapScan: Mobile payment solutions provider in South Africa - 1 views

  • SnapScan is more than just a smartphone app. It’s a contactless mobile payment solution that makes it easy and safe to pay and receive payments in a store, online, at home, and on the go. No need for cards, cash, or time-consuming EFTs – just simple payments in a snap!
    • sawsanenn
       
      snapscan allows its users easily get access to its services, even illiterate customers. plus, they gain customers trust.
  • SnapScan is more than just a smartphone app. It’s a contactless mobile payment solution that makes it easy and safe to pay and receive payments in a store, online, at home, and on the go. No need for cards, cash, or time-consuming EFTs – just simple payments in a snap!
    • aminej
       
      SnapScan offers an innovative services that is used by more than 60.000 merchants worldwide. It was created in South Africa where level of crimes are very high. People avoid using cash or cards since they are confronted to theft situation very often.
  • SnapScan is more than just a smartphone app. It’s a contactless mobile payment solution that makes it easy and safe to pay and receive payments in a store, online, at home, and on the go. No need for cards, cash, or time-consuming EFTs
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    Snapsscan focuses in being an innovative fast and easy to use platform in order to attract customers. It targets its customer by showing them that a simple app would do the work that normally is time consuming and requires cards. It is a very good aspect to focus on in the fintech industry
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