Contents contributed and discussions participated by ghtazi - Spring 21 Capstone 640pm

EthioPay Mojaloop Case Study - DFS Lab - 1 views

dfslab.net/ethiopay-mojaloop-case-study

Ethiopay Ethiopia Payments Service

shared by ghtazi on 12 Feb 21 - No Cached

What they want EthioPay wanted to continue adding value for the Ethiopian banking sector through additional services and products. They wanted to add a number of different switch use cases (e.g. merchants, CICO, etc) to their ATM switch. What they built They conducted a technical evaluation of the Mojaloop platform. While Mojaloop seemed to provide the required functionality, for a live deployment it lacked definition around auxiliary requirements to move into production. How Mojaloop helps With over 40 million phone subscribers and most banks having their own mobile banking system in Ethiopia, there is no mobile based inter-bank fund transfer. Mojaloop is potentially an efficient and scalable way to easily interconnect these disparate services.
- ghtazi on 13 Feb 21
  
  in this excerpt, we can see that Ethiopay wants to add value to the baking sector by adding new products and services. they also do a technical evaluation of the Mojaloop platform, which is the one that provides the required functionalities to the production. Last but not least it shows us that There is no mobile-based inter-bank fund transfer for 40 million telephone subscribers and most banks in Ethiopia have their own mobile banking system.
  
  <div class="cArrow"> </div><div class="cContentInner">in this excerpt, we can see that Ethiopay wants to add value to the baking sector by adding new products and services. they also do a technical evaluation of the Mojaloop platform, which is the one that provides the required functionalities to the production. Last but not least it shows us that There is no mobile-based inter-bank fund transfer for 40 million telephone subscribers and most banks in Ethiopia have their own mobile banking system.</div>
  
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Ethiopay Places in the Top 25 Undergraduate Teams for e-Fest - Entrepreneurship and Inn... - 3 views

www.eni.gsu.edu/...undergraduate-teams-for-e-fest

Ethiopay Ethiopia Payments Service

shared by ghtazi on 11 Feb 21 - No Cached

Co-founder Daniel Hadgu states, “In my journey of understanding what it truly means to help others and become an effective leader, I have uncovered the power of innovation.”
- ghtazi on 13 Feb 21
  
  helping others is the major motto of the company. the platform allows individuals living in North America and in Europe to send payments for any bills to help their family in Ethiopia
  
  <div class="cArrow"> </div><div class="cContentInner">helping others is the major motto of the company. the platform allows individuals living in North America and in Europe to send payments for any bills to help their family in Ethiopia</div>
  
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Ethiopay | F6S - 0 views

www.f6s.com/ethiopay

FinTech E-payments ethiopia Africa modernization

shared by ghtazi on 11 Feb 21 - No Cached

Ethiopay is a centralized global payout platform that currently enables users a simple and convenient way to transfer and/or purchase cross border bill pay, money transfer, mobile data, and mobile minutes between the United States and Ethiopia. As you may know, Ethiopia well Africa, in general, has skipped the laptop and computer phase of technology straight into the mobile phase of technology this is commonly known as the leapfrog model.
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Ethiopay is an emerging FinTech solution to address the social and economic gaps left by established payment solutions. Deeply embedded in the communities they serve, the founders of Ethiopay have the combination of entrepreneurial drive, technical skill and through the Georgia FinTech Academy, the FinTech ecosystem support to thrive.
- ghtazi on 13 Feb 21
  
  Ethiopay is a platform that is used in Ethiopia to help the citizens a new way to manage bills and give an opportunity for Ethiopians living in the united states to help their families. they have a great combination of entrepreneurial drive and technical skills.
  
  <div class="cArrow"> </div><div class="cContentInner">Ethiopay is a platform that is used in Ethiopia to help the citizens a new way to manage bills and give an opportunity for Ethiopians living in the united states to help their families. they have a great combination of entrepreneurial drive and technical skills.</div>
  
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Is M-Pesa really Kenyan or British? - 1 views

www.iafrikan.com/...m-pesas-origins

Financial inclusion FinTech Service Africa Kenya

shared by ghtazi on 12 Feb 21 - No Cached

Nyagaka Anyona Ouko, a Kenyan from Nairobi, claims he is the innovator of M-Pesa and claims that Vodafone and its representatives stole the idea of Mobile Cash Transfer from him.
- ghtazi on 13 Feb 21
  
  there is a lot of perspectives about the fact that M-Pesa is not really a Kenyan product but a British product. Nyagaka Anyona Ouko, a Kenyan from Nairobi, claims he is the innovator of M-Pesa and accuses Vodafone of plagiarism. but the story vanished quicker than it appears.
  
  <div class="cArrow"> </div><div class="cContentInner">there is a lot of perspectives about the fact that M-Pesa is not really a Kenyan product but a British product. Nyagaka Anyona Ouko, a Kenyan from Nairobi, claims he is the innovator of M-Pesa and accuses Vodafone of plagiarism. but the story vanished quicker than it appears.</div>
  
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Despite this certificate being awarded in 2012 and being stated as being in the LITERARY category, Ouko insists he is the original M-PESA innovator and further elaborates by saying that he has been “trying to Patent a Money Transfer system way back in 2003”. Even though he says that he believes many more Kenyans contributed to the innovation and development of M-PESA without recognition or reward, he writes, “Even though I currently believe I am the one, I start this with an open mind. If another person or firm comes forward with compelling proof I am ready to step aside and support that person.”
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AliExpress Kenya Online Shopping Payment through M-PESA - Safaricom - 0 views

www.safaricom.co.ke/...aliexpress-m-pesa

M-pesa kenya Nairobi Fintech finance

shared by ghtazi on 13 Feb 21 - No Cached

Kenyans shopping on Aliexpress.com will be presented with M-PESA as one of the payment options when checking out their shopping cart on the website. Once customers select M-PESA, they will then key in their mobile phone numbers and will subsequently receive a prompt on their phones to type their M-PESA PIN to complete the payment.
- ghtazi on 13 Feb 21
  
  M-Pesa will now be present on Aliexpress.com too, in order to facilitate the shopping of Kenyans users.
  
  <div class="cArrow"> </div><div class="cContentInner">M-Pesa will now be present on Aliexpress.com too, in order to facilitate the shopping of Kenyans users.</div>
  
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M-Pesa revenues recover after charges reinstated - Business Daily - 0 views

www.businessdailyafrica.com/...ter-charges-reinstated-3280236

Financial inclusion FinTech Service Africa Pandemic

shared by ghtazi on 12 Feb 21 - No Cached

Kenya and other African countries suspended charges on certain transactions on M-Pesa to offer financial relief to their citizens besides seeking to reduce use of cash to curb the spread of the Covid-19 pandemic.
- ghtazi on 13 Feb 21
  
  it is very vigilant on the part of Kenya and other African countries to reduce some fees on M-Pesa in order to reduce the use of cash and to prevent the spread of the COVID 19 virus.
  
  <div class="cArrow"> </div><div class="cContentInner">it is very vigilant on the part of Kenya and other African countries to reduce some fees on M-Pesa in order to reduce the use of cash and to prevent the spread of the COVID 19 virus.</div>
  
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Vodacom and Safaricom in the driver's seat for M-Pesa - 0 views

www.theafricareport.com/...in-the-drivers-seat-for-m-pesa

Financial inclusion FinTech Service Africa

shared by ghtazi on 12 Feb 21 - No Cached

In 2019, M-Pesa users conducted 11bn transactions worth R2trn ($107.1bn), while the platform contributed R3.1bn to Vodacom’s revenue. M-Pesa is a big part of Vodacom’s plans to diversity into fintech.
- ghtazi on 13 Feb 21
  
  m-pesa is a competitive advantage for Vodacom's plan to diversify into fintech. the platform is now available in 7 African countries. this will also allow an aggressive expansion strategy to other markets in Africa when the platform is not yet available.
  
  <div class="cArrow"> </div><div class="cContentInner">m-pesa is a competitive advantage for Vodacom's plan to diversify into fintech. the platform is now available in 7 African countries. this will also allow an aggressive expansion strategy to other markets in Africa when the platform is not yet available.</div>
  
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10 Things You Thought You Knew about M-PESA - 2 views

www.cgap.org/...-thought-you-knew-about-m-pesa

Financial inclusion FinTech Service Kenya Africa

shared by ghtazi on 12 Feb 21 - No Cached

The M-PESA cash merchants are recruited by Safaricom after a due diligence process and put under specific training. They are regularly monitored and re-trained, and Safaricom aims to visit them on-site every two weeks. The same process is applied to all cash merchants so that any customer anywhere in Kenya has the same experience at any cash merchant.
- ghtazi on 13 Feb 21
  
  After a due diligence process, the M-PESA cash merchants are recruited by Safaricom and placed under unique training. They are tracked and re-trained daily, and Safaricom aims to visit them every two weeks on-site. All cash merchants are subject to the same procedure so that any customer anywhere in Kenya has the same experience with any cash merchant. which I believe will be something that will trigger its competitor.
  
  <div class="cArrow"> </div><div class="cContentInner">After a due diligence process, the M-PESA cash merchants are recruited by Safaricom and placed under unique training. They are tracked and re-trained daily, and Safaricom aims to visit them every two weeks on-site. All cash merchants are subject to the same procedure so that any customer anywhere in Kenya has the same experience with any cash merchant. which I believe will be something that will trigger its competitor.</div>
  
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M-PESA | Innovations for Poverty Action - 1 views

www.poverty-action.org/...m-pesa

Financial inclusion Africa FinTech Service

shared by ghtazi on 12 Feb 21 - No Cached

M-Pesa allows users with a national ID card or passport to deposit, withdraw, and transfer money easily with a mobile device.
- ghtazi on 13 Feb 21
  
  M-Pesa allows users that have a national ID card or passport to use their mobile phones either to transfer money, deposit, or withdraw easily and safely.
  
  <div class="cArrow"> </div><div class="cContentInner">M-Pesa allows users that have a national ID card or passport to use their mobile phones either to transfer money, deposit, or withdraw easily and safely.</div>
  
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The Story of M-Pesa | TechChange | The Institute for Technology and Social Change - 0 views

www.techchange.org/...the-story-of-m-pesa-2

Financial inclusion Africa FinTech Service Kenya

shared by ghtazi on 13 Feb 21 - No Cached

the popular mobile money transfer program, came to be in Kenya. It’s narrated by Michael Joseph, the managing director of mobile money at Vodafone and the program’s founder.
- ghtazi on 13 Feb 21
  
  m-pesa is a popular mobile money transfer program, that was created by Micheal Joseph who's the managing director of mobile money at Vodafone.
  
  <div class="cArrow"> </div><div class="cContentInner">m-pesa is a popular mobile money transfer program, that was created by Micheal Joseph who's the managing director of mobile money at Vodafone.</div>
  
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M-Pesa - 0 views

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

M-pesa kenya Nairobi Fintech finance

shared by ghtazi on 12 Feb 21 - No Cached

In early 2020, Vodacom & Safaricom completed the acquisition of the M-Pesa brand from Vodafone Group through a newly created joint venture. The joint venture will accelerate the growth of M-Pesa through Africa by giving both Vodacom and Safaricom full control of the M-Pesa brand, product development and support services as well as the opportunity to expand M-Pesa into new African markets
- ghtazi on 13 Feb 21
  
  after that Vodacom & Safaricom acquired M-Pesa brand from the Vodafone group, they created a new joint venture that will help M-pesa to grow across Africa, which I believe is a big opportunity for the group
  
  <div class="cArrow"> </div><div class="cContentInner">after that Vodacom & Safaricom acquired M-Pesa brand from the Vodafone group, they created a new joint venture that will help M-pesa to grow across Africa, which I believe is a big opportunity for the group</div>
  
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M-Pesa: a Mobile Money success story from Kenya - Technology and Operations Management - 0 views

digital.hbs.edu/...money-success-story-from-kenya

M-Pesa Kenya Success Business Model

shared by ghtazi on 12 Feb 21 - No Cached

Customers who sign up for the M-Pesa service can convert between e-cash and real cash (these are called cash-in / cash-out transactions), and can transfer e-cash from their account to that of another account holder via SMS. Cash-in / cash-out operations take place at one of many designated M-Pesa retail outlets, also known as “agents”. These agents are not employed by Safaricom, but are simply retailers / regular businessmen and women that are ‘authorized’ to trade e-cash for real cash.
- ghtazi on 13 Feb 21
  
  m-pesa is a company that allows its customers to convert between e-cash and real cash.
  
  <div class="cArrow"> </div><div class="cContentInner">m-pesa is a company that allows its customers to convert between e-cash and real cash.</div>
  
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Innovation : Proparco signe son 1er investissement dans JUMO, une Fintech pou... - 0 views

choose-africa.com/...fintech-prets-digitaux-afrique

Financial inclusion Africa FinTech Service Asia

shared by ghtazi on 13 Feb 21 - No Cached

Avec cette prise de participation de 3 millions de dollars, Proparco soutiendra la croissance de JUMO. Elle contribuera au développement de l’inclusion financière des populations exclues du système bancaire formel. Deux tiers des clients de JUMO sont issus du secteur informel.
- ghtazi on 13 Feb 21
  
  Proparco will finance JUMO's development with this $3 million equity investment. It will contribute to the development of the financial inclusion of populations excluded from the formal banking system. Two-thirds of JUMO's clients come from the informal sector.
  
  <div class="cArrow"> </div><div class="cContentInner">Proparco will finance JUMO's development with this $3 million equity investment. It will contribute to the development of the financial inclusion of populations excluded from the formal banking system. Two-thirds of JUMO's clients come from the informal sector.</div>
  
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Goldman Sachs cash confirms Jumo as fintech heavyweight - 1 views

www.theafricareport.com/...ms-jumo-as-fintech-heavyweight

Jumo Fintech finance SouthAfrica

shared by ghtazi on 11 Feb 21 - No Cached

Since 2018, the start-up has partnered with Uber in Nairobi to provide drivers with access to loans for the purchase of cars based on their rating and with flexible repayment options.
- ghtazi on 13 Feb 21
  
  this is once again a smart move from jumo, they diversify their activity, which can be more than benefic for them.
  
  <div class="cArrow"> </div><div class="cContentInner">this is once again a smart move from jumo, they diversify their activity, which can be more than benefic for them.</div>
  
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Jumo - LeapFrog Investments - 1 views

leapfroginvest.com/jumo

Financial inclusion FinTech Africa Service Asia

shared by ghtazi on 12 Feb 21 - No Cached

As an investor partner, LeapFrog’s financial services expertise is being used for product design and multi-country rollouts, to turbocharge Jumo’s growth and spur financial inclusion across Africa.
- ghtazi on 13 Feb 21
  
  I think that this is a very smart move since it will help the company to grow and spur financial inclusion across Africa.
  
  <div class="cArrow"> </div><div class="cContentInner">I think that this is a very smart move since it will help the company to grow and spur financial inclusion across Africa.</div>
  
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SA fintech breaks the $2.5-billion disbursement mark in Africa and Asia - - 0 views

ventureburn.com/...sement-mark-in-africa-and-asia

Financial inclusion FinTech Service Africa Asia

shared by ghtazi on 13 Feb 21 - No Cached

Operating in Uganda, Zambia, Kenya, Ghana, Tanzania, and Pakistan, the fintech plans to expand its offering and service to Côte d’Ivoire and Nigeria. 
- ghtazi on 13 Feb 21
  
  JUMO operates in Uganda, Zambia, Kenya, Ghana, Tanzania, and Pakistan. the company is thinking of expanding its activities to Cote d'Ivoire and Nigeria
  
  <div class="cArrow"> </div><div class="cContentInner">JUMO operates in Uganda, Zambia, Kenya, Ghana, Tanzania, and Pakistan. the company is thinking of expanding its activities to Cote d'Ivoire and Nigeria</div>
  
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JUMO.WORLD | LinkedIn - 0 views

za.linkedin.com/...jumo-world

Emerging Markets Africa Asia Finance

shared by ghtazi on 13 Feb 21 - No Cached

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.
- ghtazi on 13 Feb 21
  
  target customers are the ones living in the emerging markets across Africa and Asia. Most of these are micro, small to medium enterprise who wants to have instant access to finance.
  
  <div class="cArrow"> </div><div class="cContentInner">target customers are the ones living in the emerging markets across Africa and Asia. Most of these are micro, small to medium enterprise who wants to have instant access to finance.</div>
  
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South African fintech startup Jumo raises second $50M+ VC round | TechCrunch - 0 views

techcrunch.com/...umo-raises-second-50m-vc-round

Jumo Fintech finance SouthAfrica

shared by ghtazi on 12 Feb 21 - No Cached

“I’m excited for our next phase. This backing will help us build a better business and break new ground,” Jumo founder Andrew Watkins-Ball said.
- ghtazi on 13 Feb 21
  
  the company has closed around 55 million USD from many investors, which will help the company to expand its products and reach new objectives
  
  <div class="cArrow"> </div><div class="cContentInner">the company has closed around 55 million USD from many investors, which will help the company to expand its products and reach new objectives</div>
  
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JUMO - Crunchbase Company Profile & Funding - 0 views

www.crunchbase.com/...jumo-2

FinTech Financial inclusion Service

shared by ghtazi on 13 Feb 21 - No Cached

We use advanced data science and machine learning to create the fastest and leanest financial services infrastructure.
- ghtazi on 13 Feb 21
  
  Jumo is based on speed to achieve its objectives, which are to create the fastest and leanest financial services infrastructure.
  
  <div class="cArrow"> </div><div class="cContentInner">Jumo is based on speed to achieve its objectives, which are to create the fastest and leanest financial services infrastructure.</div>
  
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South African fintech JUMO scooped up $55 million in funding - 0 views

www.businessinsider.com/d-55-million-in-funding-2020-2

shared by ghtazi on 09 Feb 21 - No Cached

The fintech's technology stack includes a lending product that gives entrepreneurs quick access to funds or asset finance, and JUMO has so far disbursed over $1.8 billion in loans. It also provides savings options to clients, including short-term, structure, and long-term products, and works together with underwriters and insurers to create standalone insurance products to "safeguard incomes, families, assets, and businesses".
- ghtazi on 13 Feb 21
  
  JUMO has already distributed 1.8 billion USD loans, it gives also the possibility to its users to have savings options to clients, including short term, structure, and long-term products. The company also ensures the creation of standalone insurance products.
  
  <div class="cArrow"> </div><div class="cContentInner">JUMO has already distributed 1.8 billion USD loans, it gives also the possibility to its users to have savings options to clients, including short term, structure, and long-term products. The company also ensures the creation of standalone insurance products.</div>
  
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