SimbaPay is a company that develops and provides a money transfer application. Its app enables people to send money abroad using mobile money or e-banking.
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Nigeria's Paga acquires Apposit, confirms Mexico and Ethiopia expansion | TechCrunch - 1 views
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As it grows abroad, Paga faces greater competition in Nigeria. For the last decade, South Africa and Kenya — with the success of Safaricom’s M-Pesa product — have been Africa’s standouts in digital payments.But over the last several years, Nigeria has become a magnet for VC and fintech startups. This trend reached a high-point in 2019 when Chinese investors put $220 million into Opera owned OPay and Transsion backed PalmPay — two fledgling startups with plans to scale in Nigeria and broader Africa.
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With its Apposit acquisition and continued expansion, PayPal may become more than a model for Paga.Founder Tayo Oviosu sees big fintech players, such as PayPal and Alipay, as future competitors with Paga’s plans to move into more emerging markets.
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Consumers: Investment » Press Room > Satrix teams up with EasyEquities to lau... - 1 views
www.insurancegateway.co.za/...rn=11658%26URL=Satrix+teams...
DigitalPlatform Investment EasyEquities

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Judging by the recent set of results from Purple Group, their easy-to-use and cost effective EasyEquities trading platform is well on its way to becoming one of the leading platforms of the investing world. This relationship enables Satrix, the largest equity index tracking provider in South Africa, to employ the same innovative technology driving the EasyEquities platform to offer ETF’s to the nation.
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Hello Paisa | Tracxn - 0 views
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Hello Paisa is a mobile based remittance service provider to and from South Africa. The service is based over HomeSend's mobile remittance hub. User can send and receive cash to bank account, wallet or at partnered locations.
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Founded Year2013LocationCenturion, South Africa
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ince its commercial launch in March 2015, Hello Group has signed up 70 000 Hello Paisa customers, of which 29 000 have downloaded its Android app for remittances. Hello Paisa claims to charge less than 5% of fee.
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Fawry | IBM - 3 views
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Fawry now supports millions of transactions daily for consumers and business through more than 90,000 locations (including groceries, pharmacies, stationaries and post offices), as well as through multiple alternative channels, including online, ATMs, and mobile wallets. The company’s client base and service offerings continue to expand, leading to rapid data growth. Abbas comments: "Our data has doubled in just the last eight months, and we expect it to grow even faster in the years to come.”
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The technology offers data compression and deduplication features that enable Fawry to boost utilization of storage resources. Abbas adds: “IBM FlashSystem A9000R offers much greater performance than our previous storage platform, meaning that we get both optimized data economics and short response times. We were able to achieve a seamless migration to the new platform with zero downtime.”
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Each day, Fawry processes 2 million financial transactions, giving Egyptians an easy, secure payment alternative to the complex, time-consuming procedures that are the norm. To help grow customer satisfaction and speed the roll-out of new services, Fawry deployed IBM® Storage, IBM Db2® and Oracle database on IBM Power Systems™ solutions.
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With a population of over 100 million people, Egypt is a land of opportunity for consumer services providers. In a country where payment procedures are often slow, fragmented and complex, Fawry identified a gap in the market for a simple, secure omnichannel payment gateway.
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This excerpt is important because it introduces the need that Fawry was created to tackle and the market gap that it saw as an opportunity to prosper. It is very important to understand the core problem around which Fawry services were designed, in order to be able to design and develop strategies that are faithful to this same goal.
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Fawry now supports millions of transactions daily for consumers and business through more than 90,000 locations (including groceries, pharmacies, stationaries and post offices), as well as through multiple alternative channels, including online, ATMs, and mobile wallets. The company’s client base and service offerings continue to expand, leading to rapid data growth. Abbas comments: "Our data has doubled in just the last eight months, and we expect it to grow even faster in the years to come.”
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The company’s success is built on delivering consistently fast, dependable services alongside continual innovation. Seeing an opportunity to do more with its data, Fawry evaluated its technology infrastructure to ensure it was ready for the next phase in its evolution.
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Haytham Abbas, Infrastructure Director at Fawry, picks up the story: “When we launched in 2008, the average household had to deal with around 13 separate utility and service providers. Since they typically had to set up payments with each service provider separately, often by visiting a branch, this was a lot of hassle. We created an omnichannel digital payment network to make life easier for consumers and the businesses that serve them.”
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Fawry has a long history with IBM, having chosen IBM solutions to underpin its business again and again over the last decade. The company relies on both IBM Db2 and Oracle database software running on IBM Power Systems to support its bespoke electronic financial platform, processing 2 million transactions per day. “Together, IBM Db2, Oracle database and IBM Power Systems solutions give us the ability to process huge transaction volumes,” comments Abbas. “They provide a powerful foundation for our business, and have scaled seamlessly as we’ve grown.”
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Fawry aims to make their client's life easier. They have an e-commerce solution that connects sellers with buyers offering various payment methods.
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The success of the compnay relies on its partnerships. Fawry's partnership with IBM is brilliant because IBM can offer Fawry some advanced technology that can help improve the business.
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Fawri is a secure alternative to the traditional procedures. It is user friendly and Egiptians are benefiting from it.
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"The company's success is built on delivering consistently fast, dependable services alongside continual innovation. Seeing an opportunity to do more with its data, Fawry evaluated its technology infrastructure to ensure it was ready for the next phase in its evolution."
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Thndr Becomes Egypt's First Mobile Investment App | NileFM | EGYPT'S#1 FOR HIT MUSIC - 0 views
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Savings and investing is a critical part of building wealth and economic development, and Egypt’s youth needs a mobile-first platform like Thndr to open the floodgates of investing in the coming decades. Platforms like Thndr have seen great success in other markets across the world, and Thndr is built with keen attention to the local nuances and preferences of the Egyptian investor in mind.
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Egyptian mobile investment app, Thndr has become the first brokerage firm to receive regulatory approval from the Financial Regulatory Association (FRA) in the last 12 years. The financial startup allows users to link their Egyptian bank account, and trade, invest, and profit from Egyptian stocks, bonds, and indices. The decision by FRA to give the startup regulatory approval comes after Egypt reforms its financial regulations on new companies with the recently approved Banking Act passed last month which allows more companies to become involved with financial trading and investment.
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THNDR Strategy aims to educate more egyptian people about trading and investing which are very good ways to make money in the short and long run. They also want to facilitate access to financial markets only through your phone for Egyptians who are almost 100m (HUGE CUSTOMER TARGET), Finally they plan to educate their population by teaching them how to invest in stocks, bonds and other securities.
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Before the passing of the Banking Act in July 2020, the only financial apps available for Egyptians were applications that helped you put aside money for saving. However, that is set to change as companies like Thndr take advantage of the new space given to financial technology companies to allow users to invest in the Egyptian stock exchange from their homes. Stock investment apps have become popular in the last few years as a way to not only save money but to make savings grow over time. While there is always risk involved with stock trading, Thndr hoping to provide users with education on how to invest in order to be more financial secure.
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Review: Hello Paisa money transfers | Finder South Africa - 0 views
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JUMO: Banking services in the palm of your hand | AFD - Agence Française de D... - 1 views
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“JUMO has started to solve the problem of access to good quality financial services for people in emerging economies”, says Andrew Watkins-Bell, CEO of JUMO. “It’s unacceptable for people to have difficulties making transactions, saving or finding capital to finance their company.”
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JUMO was set up by Andrew Watkins-Ball in 2014 in South Africa. It has grown from a team of 7 people to some 300 people in 2018, selling its products in six countries. In 2017 alone, JUMO granted 12.2 million loans to its customers all over the world.
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“PROPARCO’s investment in JUMO – which is also our first investment in a fintech company – is a natural extension of our work to promote financial inclusion via microfinance institutions, loans to small and medium-sized enterprises – and now mobile technology”, explains Grégory Clemente, Chief Executive Officer of PROPARCO. “This project uses mobile phone technology to reach a larger number of people in a much wider area.”
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“PROPARCO’s investment in JUMO – which is also our first investment in a fintech company – is a natural extension of our work to promote financial inclusion via microfinance institutions, loans to small and medium-sized enterprises – and now mobile technology”, explains Grégory Clemente, Chief Executive Officer of PROPARCO. “This project uses mobile phone technology to reach a larger number of people in a much wider area.”
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About Us - cassava fintech - 0 views
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Cassava FinTech is a pan-African business using an integrated model to drive financial inclusion and digital transactions across the continent. Our core operations in Mobile Money, Social Payments Services, Digital Banking, International Remittances and Mobile Micro Insurance with presence in Zimbabwe, South Africa, Burundi, Lesotho and UK and partnerships in other African countries.
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We are a global fintech pioneer, providing solutions for the financially excluded one product at a time. We are all about convenience for our customers, growth for our partners, and financial access for all. The need to solve wicked problems is what drives our innovative spirit.
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Belcash Technology Solutions PLC - 2 views
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Over the last four years, our service has allowed the Ethiopian population to access the following services using their mobile phones: Health advice (HelloDoctor)Market access (HelloMarket / HelloGebeya)Labour market access (HelloJobs / HelloSera)Legal advice (HelloLawyer / HelloTebeka)Mobile Trade service (HelloBroker/ HelloDelela)And, since February 2015, in partnership with select Ethiopian banks and micro finance institutions;Financial Inclusion (HelloCash)
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In this link, we will see that the Belcash is an ecommerce platform. The application was designed with the major aim of allowing local suppliers and manufacturers to promote and sell their products and services. Some of their main services are health advice, market access, labor market access, legal advice and mobile Trade service. It was founded by Mountaga Diop in 2009 at Adis Abeba, Ethiopia. Finally their main customers here are any Ethiopian who own a smarthone and are interested by the services provided.
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To help unlock the potential of Ethiopia through the digitalization of essential services, such as finance, healthcare and education. To help drive sustainable and inclusive growth though digitalization. We believe digitalization will lower transaction costs and bring essential services to the reach of the poor. It bypasses the conventional time consuming and capital intensive build-up of fixed assets (banks branches, school buildings and clinics).
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Belcash is the proprietor and provider of the 'Hello' brand. We attempt to find the perfect fit for our customers and partners. This heavy focus on customer service, innovation and professionalism means that our stakeholders are proud to identify themselves with us. Though each Hello brand represents a different service, they all share one key feature - the mobile phone is the access point for their service.
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To help boost the development of Ethiopia through the digitalization of crucial services, such as finance, healthcare and education and to help drive sustainable and inclusive growth though digitalization. We think that digitalization will decrease transaction costs and provide important services to the reach of the poor such as (banks branches, school buildings and clinics).
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Our Story - Safaricom - 0 views
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In the year 2000, we began the Safaricom journey with a view to Transform Lives. Safaricom is one of a small group of about 400 companies across Africa whose annual revenues are more than $1 billion. Many of these companies are pan-African in their operations and are active in increasingly diverse sectors.
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M-PESA is restoring dignity to thousands of refugees. Through a partnership with the World Food Programme, we are leveraging M-PESA to help more refugees access food, through a product known as Chakula Chap Chap. M-PESA has enabled us to digitize food delivery for over 100,000 households. It has removed the opportunity for corruption by eliminating middle-men, and reduced the cost of distributing relief aid, creating employment and business opportunities for people in refugee camps. This initiative has shown us that our business can help bridge critical gaps for our society.
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In the year 2000, we began the Safaricom journey with a view to Transform Lives. Safaricom is one of a small group of about 400 companies across Africa whose annual revenues are more than $1 billion. Many of these companies are pan-African in their operations and are active in increasingly diverse sectors.
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TPAY | Helios Investment Partners | Helios Investment Partners - 0 views
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Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.
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TPAY provides a much-needed mobile payment solution in markets with low banking penetration and high mobile adoption.
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Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.
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Helios completed the acquisition of a 76% stake in TPAY, a fast growing direct carrier billing provider in the Middle East and North Africa from A15, a leading tech investment fund based in Egypt. With offices in Cairo and the UAE, TPAY currently operates across 16 countries with almost half of its total transaction volume coming from African markets such as Egypt, Tunisia, Algeria and Morocco.
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About Us - cassava fintech - 1 views
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Cassava FinTech is a pan-African business using an integrated model to drive financial inclusion and digital transactions across the continent. Our core operations in Mobile Money, Social Payments Services, Digital Banking, International Remittances and Mobile Micro Insurance with presence in Zimbabwe, South Africa, Burundi, Lesotho and UK and partnerships in other African countries
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Cassava fintech is a Pan-African business, they try to use an integrated model to accelerate the continent's financial inclusion and digital transactions. the company has many innovative digital solutions: such as mobile money, social payments, payments services, digital banking, micro insurance, sasai.
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Home | WorldCover Insurance - 0 views
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Tailored Insurance For Almond FarmersWe have applied our argonomic modeling expertise to develop a specialty product focused on protecting almond growers against increasingly unpredictable weather patterns. Either as an alternative or supplement to your existing insurance, CropAssure Almond provides easy to understand policies, and pays out automatically when your covered risks occur.
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in this article, it shows that the company wants to help high-value crop growers manage their financial risk to climate change, unpredictable weather, and natural disasters. WorldCover's product vision is for commercial farmers to experience parametric insurance in a way that is easy to understand (simple), engenders trust (transparent), and fits them well at any size (tailored).
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AgroCenta-Empowering-smallholder-farmers-through-finance-information-and-market-access.pdf - 0 views
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In 2016, AgroCenta set out to address these challenges. In a country where agriculture is the primary economic occupation of many — employing 52 per cent of Ghana’s labour force — the AgriT ech start-up launched AgroTrade, an online platform that connects smallholder farmers in the staple food value chain to a wider online market.
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AgroCenta had registered 46,100 smallholder farmers on the AgroTrade platform across four regions and 640 communities. Since launching AgroPay in January 2019, 2,750 smallholder farmers in two regions of Ghana are now active on the platform.
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AgroCenta has hosted and provided over 500 farmer engagement sessions and trainings since launch. Skilled professionals deliver these sessions in farming communities and methodologies are continuously updated to reflect state-of-theart farming practices.
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AgroCenta received a grant from the GSMA Ecosystem Accelerator Innovation Fund in November 2018 to further develop and scale its financial solution, AgroPay.
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AgroCenta has been fighting over two main causes: Lack of access to structured markets, which leaves the poor and illeterate at the mercy of predatory brokers or middlemen who buy at exploitative prices, and lack of access to finance, which means they may never move beyond smallholder farming to middle-level or even commercial farming
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Dubai's Tpay Mobile Acquires Payguru, a Turkish Payments Company that Supports Mobile T... - 1 views
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Founded in Cairo, Egypt, Tpay Mobile says it’s the leading digital merchant acquirer in the MENA region
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The company supports DCB via three mobile network operators and it facilitates bank transfers and ATM withdrawals through large banks.
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AgroCenta : empowering smallholder farmers in Africa through technology and innovations - 0 views
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AgroCenta’s main competitors are Esoko (www.esoko.com), FarmerLine (www.farmerline.co) and Farm Radio (www.farmradio.org). These 3 competitors are “information-based” only, delivering market prices, weather information and extension advisory services via SMS to farmers.
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Some of the main competitors of AgroCenta's are Esoko , FarmerLine and Farm Radio. These 3 competitors are not really competitors because they do not provide the same services. These competitors are more "information-based" only, delivering market prices, weather information and extension advisory services via SMS to farmers.
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AgroCenta came about when both co-founders identified the missing gap in the post harvest value chain, that is access to market for smallholder farmers. This gap gave way to exploitative buying from middlemen at the disadvantage to the smallholder farmer.
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AgroCenta’s core services are AgroTrade : Which is a sales platform that connects smallholder farmer directly to a larger market to trade fairly. AgroTrade matches smallholder farmers in rural areas to small, medium and large buyers in the urban areas. TrucKR : TruckR is the on-demand trucks & logistics aspect of AgroCenta where farmers can book for truck delivery services to cart their commodities from farms to markets just at a click of a button AgroInfo : Real time weather, market prices and extension advisory services are delivered via SMS and voice solutions to smallholder farmers using mobile technologies AgroPay : AgroPay is the financial inclusion platform for smallholder farmers where farmers in rural areas, without bank accounts, receive payments for goods and services via mobile money technologies.
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AgroTrade : Which is a sales platform that connects smallholder farmer directly to a larger market to trade fairly. AgroTrade matches smallholder farmers in rural areas to small, medium and large buyers in the urban areas.
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Francis Obirikorang is the CEO/Co-founder of AgroCenta and Michael Ocansey is the CTO/Co-founder of AgroCenta. Francis and Michael are both ex-employees of Esoko, one of the largest market information platforms in Africa for smallholder farmers.
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AgroCenta’s success factor is the elimination of the exploitative buying approach from the post harvest value chain, and putting the smallholder farmer at a pivotal position where they are able to sell their commodities to interested buyers fairly, generate enough income and become financially independent
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AgroCenta’s core services are
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AgroCenta's services include: -AgroTrade: platform connecting farmers to markets and promoting fair trade. -TrucKR: farmers can have access to transportation through this platform. - AgroInfo: platform that gives useful insights to farmers (weather, market prices) - AgroPay: a platform for financial inclusion, giving small and underbanked farmers the possibility to receive payments via their mobile.
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AgroPay is the financial inclusion platform for smallholder farmers where farmers in rural areas, without bank accounts, receive payments for goods and services via mobile money technologies.
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AgroCenta provides the “last mile” approach for the smallholder farmers, going a step further to help farmers sell competitively after the get market information only from existing e-agriculture products on the market.
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About - 1 views
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We are thrilled to be pioneering commission free trading in Egypt. We believe that saving through investing is the right and sensible thing to do.
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an app that is designed for everyone, green and expert investors alike. Our technology innovation allowed us to remove the barriers that anyone could face when opening or funding their brokerage accounts, helping us open up the market for a whole new wave of investors.
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we don't stop there. Through access to the right tools, our app is built to empower you to invest smartly.
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We are thrilled to be pioneering commission free trading in Egypt. We believe that saving through investing is the right and sensible thing to do. So, we built an app that is designed for everyone, green and expert investors alike. Our technology innovation allowed us to remove the barriers that anyone could face when opening or funding their brokerage accounts, helping us open up the market for a whole new wave of investors. And, we don't stop there. Through access to the right tools, our app is built to empower you to invest smartly.