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

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 sawsanenn on 13 Feb 21 - No Cached

Safaricom PLC and Ant Financial Services – the world’s largest fintech services provider – have announced a partnership that will allow Kenyans shopping on AliExpress to pay for their purchases using M-PESA.
- sawsanenn on 13 Feb 21
  
  This is a big intiative for M-Pesa to gain more customers and gain more revenues
  
  <div class="cArrow"> </div><div class="cContentInner">This is a big intiative for M-Pesa to gain more customers and gain more revenues</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 sawsanenn on 12 Feb 21 - No Cached

Kenya and other markets also allowed M-Pesa charges to resume in January, brightening the outlook for the financial platform’s revenue growth.
- sawsanenn on 13 Feb 21
  
  because of the pandemic, M-Pesa had to remove fees on a person to person transaction which reduce revenues last year. However, starting this year the government reallowed the fintech company to reinstate the fees so they can regain the revenues that they ve lost last year
  
  <div class="cArrow"> </div><div class="cContentInner">because of the pandemic, M-Pesa had to remove fees on a person to person transaction which reduce revenues last year. However, starting this year the government reallowed the fintech company to reinstate the fees so they can regain the revenues that they ve lost last year</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 sawsanenn on 12 Feb 21 - No Cached

A key impediment to M-Pesa gaining traction was the fact that the country has a well-established banking sector and most adult South Africans have bank accounts.
- sawsanenn on 13 Feb 21
  
  besides that, these banks have their own fintech services that are not as developed as M-Pesa, but the fact they are produced from the bank, it makes them more trustworthy than M-Pesa This kind of bank services make the market highly competitive
  
  <div class="cArrow"> </div><div class="cContentInner">besides that, these banks have their own fintech services that are not as developed as M-Pesa, but the fact they are produced from the bank, it makes them more trustworthy than M-Pesa This kind of bank services make the market highly competitive</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 sawsanenn on 12 Feb 21 - No Cached

The funds are deposited in several commercial banks, which are prudentially regulated in Kenya. In addition, the funds are held by a Trust and are therefore out of reach from Safaricom, which cannot access or use them. In the unfortunate event of Safaricom going bankrupt, the creditors of Safaricom would not have access to the M-PESA funds. This is a requirement from the Central Bank of Kenya which oversees M-PESA. The funds remain at all times the property of M-PESA users.
- sawsanenn on 13 Feb 21
  
  this is a good approach to gain customers trust since it's one of the main challenges of this business
  
  <div class="cArrow"> </div><div class="cContentInner">this is a good approach to gain customers trust since it's one of the main challenges of this business</div>
  
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M-Pesa - 2 views

www.investopedia.com/...mpesa.asp

M-Pesa Financial inclusion Kenya

shared by sawsanenn on 07 Feb 21 - No Cached

This cross-communication tactic used by M-Pesa is developing rapidly in sub-Saharan Africa, where the telecommunication and banking sectors are working together to create mobile banking services for those with limited access to traditional banking.
- sawsanenn on 13 Feb 21
  
  Mobile payment is progressively being used in emerging regions in which a large percentage of the population has little or no access to traditional banking such as Africa
  
  <div class="cArrow"> </div><div class="cContentInner">Mobile payment is progressively being used in emerging regions in which a large percentage of the population has little or no access to traditional banking such as Africa</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 sawsanenn on 12 Feb 21 - No Cached

M-Pesa (M for mobile, pesa is Swahili for money) is a mobile-phone based money transfer and microfinancing service, launched in 2007 by Vodafone for Safaricom and Vodacom, the largest mobile network operators in Kenya and Tanzania. It has since expanded to Afghanistan, South Africa, India and in 2014 to Eastern Europe. M-Pesa allows users with a national ID card or passport to deposit, withdraw, and transfer money easily with a mobile device.
- sawsanenn on 13 Feb 21
  
  M-Pesa extended its business in different countries and in the different continent which allowed her to attract more customers and grew its business
  
  <div class="cArrow"> </div><div class="cContentInner">M-Pesa extended its business in different countries and in the different continent which allowed her to attract more customers and grew its business </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 sawsanenn on 13 Feb 21 - No Cached

The animation was produced as part of a series of online courses designed and delivered by the USAID Mobile Solutions Team, QED, and TechChange, a DC-based organization that specializes in online training for international development.
- sawsanenn on 13 Feb 21
  
  this excerpt shows organizations that collaborate with M-pesa about the transfer money program
  
  <div class="cArrow"> </div><div class="cContentInner">this excerpt shows organizations that collaborate with M-pesa about the transfer money program</div>
  
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M-Pesa - 0 views

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

M-pesa kenya Nairobi Fintech finance

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M-Pesa is Africa's most successful mobile money service and the region’s largest fintech platform. M-Pesa is the preferred way to make payments across the continent both for the banked and unbanked due to its safety and unmatched convenience.
- sawsanenn on 13 Feb 21
  
  This excerpt is important because it defines M-Pesa as Fintech Platform, their services, and their customer target
  
  <div class="cArrow"> </div><div class="cContentInner">This excerpt is important because it defines M-Pesa as Fintech Platform, their services, and their customer target </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 sawsanenn on 12 Feb 21 - No Cached

Revenue from transaction fees that Safaricom collects via the agent during cash withdrawal operations and transfer operations (depositing money into mobile wallet is free). Reduce Safaricom customers’ churn, improve engagement, lifetime value etc.
- sawsanenn on 13 Feb 21
  
  This excerpt shows the business model that M-pesa follows and thier values
  
  <div class="cArrow"> </div><div class="cContentInner">This excerpt shows the business model that M-pesa follows and thier values</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 sawsanenn on 13 Feb 21 - No Cached

La majorité des clients actuels de JUMO ne dispose que de très faibles revenus (80 % des clients tanzaniens vivent avec moins de 4 dollars par jour). Ce sont des personnes qui accèdent généralement au crédit formel pour la première fois. Par exemple, 81 % des clients tanzaniens et 77 % des clients zambiens déclarent n’avoir jamais obtenu de prêt formel auparavant.
- sawsanenn on 13 Feb 21
  
  Because the main customers of Jumo are from Africa and more specifically sub-Saharan countries and south African countries where the rate of unemployment is high as well as poverty.
  
  <div class="cArrow"> </div><div class="cContentInner">Because the main customers of Jumo are from Africa and more specifically sub-Saharan countries and south African countries where the rate of unemployment is high as well as poverty.</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 sawsanenn on 11 Feb 21 - No Cached

With this new round of financing — its fourth since April 2018 — the company, which targets emerging markets and is part of the very select club of African start-ups active beyond the continent’s borders, now intends to conquer Côte d’Ivoire, Nigeria, as well as Bangladesh and India
- sawsanenn on 13 Feb 21
  
  this countries can bring new options to jumo, not only new customers but also new services. These new entrances can bring to Jumo high revenues as well
  
  <div class="cArrow"> </div><div class="cContentInner">this countries can bring new options to jumo, not only new customers but also new services. These new entrances can bring to Jumo high revenues as well</div>
  
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Jumo - LeapFrog Investments - 1 views

leapfroginvest.com/jumo

Financial inclusion FinTech Africa Service Asia

shared by sawsanenn on 12 Feb 21 - No Cached

Advancing inclusive access to and usage of affordable formal financial services is vital to promoting vital financial health, economic empowerment, financial stability and sustainable growth. Yet emerging markets have negligible penetration of formal financial services: savings is chronically underdeveloped and the majority of the world’s 2 billion unbanked adults are found in low- and middle-income emerging markets.
- sawsanenn on 13 Feb 21
  
  we can conclude that Jumo offers diversified financial services that are affordable to their customer's target which is mainly new entrepreneurs
  
  <div class="cArrow"> </div><div class="cContentInner">we can conclude that Jumo offers diversified financial services that are affordable to their customer's target which is mainly new entrepreneurs</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 sawsanenn on 13 Feb 21 - No Cached

We’re optimistic about the possibilities in these markets and continue to see huge growth opportunities in Africa, with the potential to replicate our successes in other markets over the longer term.”
- sawsanenn on 13 Feb 21
  
  This estimation is possible because of the large use of smartphones nowadays in different ways. This habit developed also during the covid since we had to use our smart gadgets to fulfill our tasks.
  
  <div class="cArrow"> </div><div class="cContentInner">This estimation is possible because of the large use of smartphones nowadays in different ways. This habit developed also during the covid since we had to use our smart gadgets to fulfill our tasks.</div>
  
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(2) JUMO.WORLD: Overview | LinkedIn - 0 views

www.linkedin.com/...jumo-world

Financial inclusion FinTech Service Africa Asia

shared by sawsanenn on 13 Feb 21 - No Cached

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 on 13 Feb 21
  
  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
  
  <div class="cArrow"> </div><div class="cContentInner">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</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 sawsanenn on 12 Feb 21 - No Cached

Nigeria, in particular, has become Africa’s unofficial capital for fintech development, surpassing Kenya in 2019 for drawing the most fintech specific and overall VC on the continent
- sawsanenn on 13 Feb 21
  
  this excerpt is important because it shows us how jumo expending not only in Africa but also in Asia making fintech grow all over the world
  
  <div class="cArrow"> </div><div class="cContentInner">this excerpt is important because it shows us how jumo expending not only in Africa but also in Asia making fintech grow all over the world </div>
  
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JUMO - Crunchbase Company Profile & Funding - 0 views

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

FinTech Financial inclusion Service

shared by sawsanenn on 13 Feb 21 - No Cached

Our partners use our technology stack to offer savings, lending and insurance products to entrepreneurs in emergingmarkets.These next-generation products give anyone with a cell phone and mobile wallet access to unprecedented financial choice, enabling millions of people to prosper, build their businesses and drive economic growth.
- sawsanenn on 13 Feb 21
  
  This excerpt shows the importance of technology in this company. How fascinating we can use our smartphones in a financial way to build and prosper our businesses
  
  <div class="cArrow"> </div><div class="cContentInner">This excerpt shows the importance of technology in this company. How fascinating we can use our smartphones in a financial way to build and prosper our businesses</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 sawsanenn on 09 Feb 21 - No Cached

JUMO's business model of working with third parties helps it to diversify its distribution channels, and allows for quicker expansion — which is likely boosting investor interest in the fintech. To further diversify its offering, and make a bigger impact on serving the financially excluded population in emerging markets, JUMO should look into offering more consumer products, including loan options and bank accounts, as most of its offerings currently focus on serving entrepreneurs and businesses.
- sawsanenn on 13 Feb 21
  
  this excerpt included the services that jumo offers, the business model, and some recommendation that the company should consider improving the platform
  
  <div class="cArrow"> </div><div class="cContentInner">this excerpt included the services that jumo offers, the business model, and some recommendation that the company should consider improving the platform </div>
  
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Jumo - la fintech au service des entrepreneurs africains | Proparco - Groupe ... - 0 views

www.proparco.fr/...ce-des-entrepreneurs-africains

FinTech Financial inclusion Service Platform

shared by sawsanenn on 13 Feb 21 - No Cached

Start-up basée à Cape Town en Afrique du Sud, JUMO propose à ses clients de souscrire à des prêts et des produits d’épargne depuis leur téléphone portable.
- sawsanenn on 13 Feb 21
  
  This excerpt shows different services that jumo offers to its target customers
  
  <div class="cArrow"> </div><div class="cContentInner">This excerpt shows different services that jumo offers to its target customers </div>
  
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Fintech for Financial Inclusion & Empowerment | JUMO - 0 views

www.jumo.world/about

Jumo Fintech finance SouthAfrica

shared by sawsanenn on 12 Feb 21 - No Cached

Fast Company SA named JUMO one of the most innovative companies owing to advanced data science and Machine Learning capabilities.
- sawsanenn on 13 Feb 21
  
  Jumo is powering new waves of financial tools that can help entrepreneurs to build and grow their business
  
  <div class="cArrow"> </div><div class="cContentInner">Jumo is powering new waves of financial tools that can help entrepreneurs to build and grow their business</div>
  
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Visa, Nigeria's Paga Team For Global FinTech | PYMNTS.com - 0 views

www.pymnts.com/...sa-nigeria-paga-global-fintech

Nigeria FinTech E-payments

shared by sawsanenn on 13 Feb 21 - No Cached

The partnership gives Paga account holders the ability to transact on Visa’s global network, and will also see both companies work together on technology developments. The arrangement will bring new merchant options to Paga’s network.
- sawsanenn on 13 Feb 21
  
  this excerpt is important because it shows the good side of this partnership which will bring new options to both companies
  
  <div class="cArrow"> </div><div class="cContentInner">this excerpt is important because it shows the good side of this partnership which will bring new options to both companies</div>
  
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