Spring 21 Capstone 640pm

How to Send Money with SimbaPayThere are several options that one can use to send money to and from Kenya with SimbaPay. By partnering with various financial institutions in the country, SimbaPay has eased international money transfers.Option 1: Using the SimbaPay appAll you need to do is to download the SimbaPay app either on Google Play or App Store. Input the needed details including the amount you intend to send and the recipient’s information. You can choose to pay via a debit card or by a bank account transfer.

It will show that the M-PESA application was utilized for the cultivation of livelihood strategies

thndr is Egypt's mobile first investment platform with 0% commission, no account minimum, access to real time news, market data and easy account setup and funding processes.

M-PESA is a very popular service among Kenyans as it serves to increase money circulation in the economy by offering a fast and secure mode of transferring money, making payments and also borrowing and repaying loans.

FarmDrive, a Kenyan enterprise, connects unbanked and underserved smallholder farmers to credit, while helping financial institutions cost-effectively increase their agricultural loan portfolios.

Millions of people in developing countries depend on microloans to raise the funds to grow a business or just stay afloat in hard times. And thanks to digital platforms, smartphones and free-moving global capital, growing numbers of people in the rich world are using their money to lift others out of poverty.

But the reality is often a lot messier – something that may not initially be obvious to the lender. In fact, like Cabusog and Lendwithcare, borrowers and crowdfunding sites connect via local partner microfinance institutions (MFIs) who do the essential work of assessing creditworthiness and administering loans. To pay for that, most MFIs charge interest to borrowers, often at wildly varying rates.

Kiva is the slickest of the microfunding websites, offering a mind-bogglingly glossy catalogue of projects sorted into different categories, countries and attributes, all illustrated with backstories and pictures.

The company is keen to work with companies specialising in the financial technology (fintech) solutions field, to contribute to the development of the Egyptian capital market sector. The most prominent of these partnerships includes a contract with the Egyptian Company for Information Dissemination (EGID). The latter company has been the approved authority for distributing information to EGX listed companies in the country for more than 20 years. “By using technology and introducing an easy-to-use application, we hope to remove all barriers users face, whether by making the account opening process easier or reducing costs,” said Saif Amr, co-founder of Thndr. He added, “We help companies by facilitating dealing in the Egyptian Stock Exchange, but we intend to offer other investment options soon to suit all segments.”

How to Use SnapScan: 1. Download. The SnapScan app can be downloaded onto your iPhone or Android device. Open the app and link your card details (SnapScan works with any South African Bank).In less than 5 minutes, you’re good to go! 2. Order. Go to the Le Creuset website and place an order for your desired items. At checkout, select SnapScan as a payment method. This can be used in conjunction with other payment methods such as eBucks, credit card or EFT, as well as Le Creuset Gift Vouchers. 3. Snap. Open the app to scan the SnapCode displayed at checkout on the Le Creuset website. 4.Pay. Confirm payment with your 4-digit PIN

Le Creuset is proud to offer SnapScan as a convenient new payment solution. With this easy checkout option, you only have to load your card details once, when you download the SnapScan app. With your information already securely encrypted on your phone, you don’t need to enter them on the website again. And if you’re paying from your phone, it’s as easy as clicking a button!

The announcement was made at the 2017 LendIt USA Conference in New York. The three investment transactions include Series C financing round in Trumid, an electronic trading platform for the bond market; Series B financing round in WeConvene, an online corporate access management ERP provider for capital markets; and Seed Round financing round in WorldCover, an innovative peer-to-peer insurance network.

Mobile money transfer: ‘Ethiopia hasn’t shut the door to M-Pesa’

In April, while the Kenyan telecoms giant Safaricom was in talks with the Ethiopian authorities to launch its M-Pesa app, the country’s central bank, the National Bank of Ethiopia, decided to only allow locally-owned non-financial institutions to offer mobile money services.

So, we didn’t shut the door to M-Pesa. Instead, we’ve asked them to partner with an Ethiopian bank.

Vodacom’s joint M-Pesa/Safaricom platform boosts monthly transactions to $20bn

This is the outcome of free peer-to-peer M-Pesa transactions, a feature introduced at the onset of COVID-19, the South African network operator said in its latest update to the market on its interim results for the six months that ended on 30 September 2020.

The M-Pesa initiative supported rapid platform growth and customer adoption of digital channels “to the point where the M-Pesa ecosystem now processes $20.5bn a month in transactions across our international markets, including Safaricom, and contributed R8bn in revenue in the period.”

M-Pesa permet aux détenteurs de mobiles d’effectuer toutes sortes d’achats en un claquement de doigts. Qu’il s’agisse de régler ses factures d’électricité, de rembourser ses frais de scolarité, de réserver des billets d’avions ou tickets de bus ou encore de faire ses emplettes alimentaires, M-Pesa est aujourd’hui devenu un acteur économique incontournable au Kenya depuis sa création en 2007

M-Pesa, joyau de l’opérateur national kényan Safaricom (détenu à 40% par Vodafone), regarde maintenant vers les marchés du Nord, et notamment vers l’Europe de l’Est, à commencer par la Roumanie : pays où la grande majorité de la population est connectée (possède au moins un téléphone mobile) mais pas totalement bancarisée.

Susie Lonie and Nick Hughes are the people responsible for Kenya's M-Pesa mobile money transfer system. It allows people without bank accounts to transfer money quickly, easily and safely using their mobile phones, and has radically altered developing world economies. There are now nearly 100 similar systems in the developing world.The pair recently picked up an Economist Innovation award for the service.The BBC's Fiona Graham spoke to them about launching M-Pesa, how businesses have benefited from the service, and dowries.

Latest News on M-Pesa | Cointelegraph

M-Pesa is Kenyan mobile, phone-based payment service provider for the mobile companies’ customers. M-Pesa is a money transfer service that, additionally, provides financing and micro-financing operations. The company was launched in 2007 by the two largest mobile network operators in Kenya and Tanzania. In 2013, M-Pesa in Africa became available for money transfers in Bitcoin, which are very popular among Kenyan and other African countries’ citizens due to their national currencies’ hyperinflation. Initially, M-Pesa was developed for Kenyan and other African citizens who don’t have access to ATMs or bank accounts to send or receive money, but the service has now reached Afghanistan and some European countries.

Voda-Idea explores M&A for Vodafone M-Pesa

MUMBAI: Vodafone M-Pesa Ltd. (VMPL), the payments wallet owned by Vodafone Idea, is considering merging its business with an associate company or a third party, but in the interim, has applied to the Reserve Bank of India (RBI) for extension of its prepaid payment instrument (PPI) license.

The moves are prompted by the fact that Vodafone Idea - created by the merger of Vodafone India and Idea Group – holds 100% of Vodafone M-Pesa Ltd. (VMPL) besides 49% shareholding in Aditya Birla Idea Payments Bank Limited (ABIPBL).

FinTech companies such as PayPal, Visa, Square, Mastercard and others are expanding cryptocurrency (crypto) and blockchain capabilities but several factors could limit widespread acceptance in the near term, says Fitch Ratings. We expect strategic crypto investments to have a limited near-term effect on credit profiles, given modest capital deployed and the long ramp time. However, adding crypto capabilities opens up incremental revenue streams for these companies, even if the return on investment over time and compliance risks are uncertain.

The $6 million investment will help Fawry, a local company, extend its network of payment terminals across Egypt, a country heavily reliant on cumbersome cash transactions. That is expected to help consumers pay bills and make it easier for businesses to receive payments, stoking commerce and economic growth.

The investment is also designed to help restore investor confidence in Egypt and create jobs in its burgeoning high-tech sector.

Fawry Shareholders Approve To Sell 1000 Shares In Fawry Dahab Electronic Services To Banque Misr

Fawry for Banking Technology and Electronic Payment SAE Extraordinary Shareholders Meeting

Fawry offers digital payments to companies and individuals in Egypt Fawry handles around 2.1 million transactions daily and collected 40 billion Egyptian pounds last year