Spring 21 Capstone 640pm

We’re changing the way people send money abroad. We’re taking something complicated and making it simple. Our people and our technology work together to create faster, easier and lower cost money transfers. We send to 150 countries around the world and have over 4 million happy customers – a number that’s growing every day. After all, 125,000 5★ reviews can’t be wrong! We believe in helping our customers’ hard work go further. We’ve helped millions of children to go to school, helped thousands of people to receive medical treatment and, every week, we help tens of thousands of people to pay their bills. But most importantly, we do it all with the creativity, imagination and colourful spirit of our customers.

AgroCenta was founded by two ex-esoko employees, Francis Obirikorang and Michael K. Ocansey in 2015 to improve the agricultural value chain in Ghana. Two critical problems within the value chain, which are the lack of an access to market for smallholder farmers in the rural areas, which subjected them to activities of exploitative, buying frommiddlemen and the lack of a coordinated truck delivery system to cart their commodities from farms to markets to sell.

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We're SimpleNo need to visit an agent. Send 70 currencies to 130 countries, from your smartphone or computerWe’re SafeWe use industry-leading technology that protects your money and guarantees it arrives safely every time.

erhaps the most influential and widely reported publication pushing forward this narrative is an article examining M-Pesa written by US-based economists Tavneet Suri and William Jack—and published in the prestigious journal Science—entitled ‘The Long-run Poverty and Gender Impacts of Mobile Money’.

n April 2007, following a donor‐funded pilot project, Safaricom launched a new mobile phone‐based payment and money transfer service, known as M‐PESA. 10 The service allows users to deposit money into an account stored on their cell phones, to send balances using SMS technology to other users (including sellers of goods and services), and to redeem deposits for regular money. Charges, deducted from users’ accounts, are levied when e‐float is sent, and when cash is withdrawn.

The crowdfunding industry has emerged in the past few years as one of the most promising alternative financing options. Lending and donating operations accounted for 81% of the crowdfunding industry's $34.4 billion total funding volume in 2015. Kiva Zip, a prosocial program, created an online platform that provides 0% interest peer-to-peer loans and has features in common with lending and donating crowdfunding platforms.

The mobile payment industry in South Africa is expected to record a CAGR of 12.9% to reach US$ 29,424.3 million by 2025. The mobile wallet payment segment in value terms increased at a CAGR of 12.6% during 2018-2025.This report provides a comprehensive view on mobile payment / mobile wallet market size and growth dynamics, industry dynamics, retail spending, consumer attitude and behaviour, and competitive landscape in South Africa. The report focuses on data-centric analysis of mobile payment market dynamics to help companies understand business and investment opportunities along with risks.

The mobile payment industry in South Africa is expected to record a CAGR of 12.9% to reach US$ 29,424.3 million by 2025. The mobile wallet payment segment in value terms increased at a CAGR of 12.6% during 2018-2025.This report provides a comprehensive view on mobile payment / mobile wallet market size and growth dynamics, industry dynamics, retail spending, consumer attitude and behaviour, and competitive landscape in South Africa. The report focuses on data-centric analysis of mobile payment market dynamics to help companies understand business and investment opportunities along with risks. It details growth dynamics in 45+ market segments (600+ KPIs) across mobile commerce, mobile P2P transfer (domestic and international remittance), mobile lending, and a range of other payment avenues in South Africa.

So the service seemed like a win-win-win, and to an outside observer, its dual operations in the United States and Kenya appeared to be progressing smoothly. Kiva Zip’s senior director, Jonny Price, sounded upbeat when he wrote on NextBillion in April, “We’re excited by (Zip’s) potential to revolutionize the way that small business owners in America, and the wider world, are able to access microcredit.” Meanwhile, over the past four years, the platform enabled more than 8,000 lenders to make almost 10,000 microloans totalling a reported $1.8 million to more than 6,500 borrowers in Kenya alone.

We briefly examine some literature that challenges the received view on the overall value of microfinance and consider some implications for Kiva and conclude by noting that in the current market, Kiva will need to draw on its corporate history of innovation if it hopes to maintain its position of leadership in the face of new organizations like Acumen Fund and One Acre Fund that take different routes to the same goal of reducing poverty.

The overall benefits for businesses and customers include: Safety and security: Customers can pay via their mobile phone and retailers can rest assured knowing that extensive security measures are in place. Speed: It’s fast, as customers simply need to scan the display code at a till point. Convenience: There is no need to carry cash around and paying via SnapScan offers a frictionless experience. Cashless: As customers won’t be using cash, it is easier for businesses to authenticate and formalise transactions. SnapScan is a mobile payments solution with a variety of payment options available for retailers.

The former chief executive and co-founder of nonprofit lending platform Kiva.org, Matt Flannery, on Wednesday revealed his latest initiative Branch International Inc., which he calls “a mobile-based microfinance institution for the world.” Branch raised $1.4 million in equity seed funding from Formation 8 and the Khosla Impact Fund. In many ways, Branch operates like a bank in the cloud, one that is accessible not through local “branch” offices, but through a user’s smartphone. It provides small amounts of credit--up to $20--to Android users in Africa, specifically Kenya today, but doesn’t take deposits.

Researchers have also noted the potential of M-Pesa to affect savings. Morawcyznski and Pickens (2009) observe that users often keep a balance on their M-Pesa accounts, thereby using the system as a rudimentary bank account despite the fact that the system does not provide interest.

STARTUP WATCH- E-commerce company Capiter plans to invest EGP 500 mn next year to expand its geographical presence and the network of its SME clients, CEO and founding partner Mahmoud Nouh said, according to Al Mal. The Cairo-based company, which was founded in May 2019, operates an app that connects small and medium companies to suppliers.

Nigeria’s leading digital financial services company, Carbon in an effort to improve the experience of its customers, has launched Carbon Express – A keyboard extension that allows customers to access Carbon services from within whatever app they are using.

Hood is designed to rest assure your mind by collecting a big cloud of data that keeps track of your car’s mileage, gas usage, performance, and its engine health to save your money, time and energy . also, Hood informs you of every little detail about your cars; drivers’ driving habits The device also keeps track of each driver’s driving score to keep you aware of possible bad driving habits

Hood provides a device for users’ cars that is synced with Hood’s mobile application. The app informs the user when an error is detected and whether it is minor or requires immediate attention. Users can also check and clear the code of the engine light, track their trip history, locate the nearest car shop, keep their gas expenses in check, monetize the car’s movement and have a big cloud of data

“I’m excited for our next phase. This backing will help us build a better business and break new ground. The strong vote of confidence, along with the world-class tech talent we now have in the business, means we can achieve exceptional outcomes for our partners and customers.” Andrew Watkins-Ball, CEO, JUMO.