Huddlestock and Acuity bring mobile trading to Sri Lanka
Offering the ability to “crowd-trade and access investment ideas”.
Financial Inclusion
eCurrency Mint and Rizal to launch digital cash in Philippines
Plan to make it available by Q2 this year.
Juvo gets Samsung investment for smartphone boost
Samsung will bring Juvo access to billions of underbanked prepaid users across the globe.
London Assembly calls for change for short changed youth
Wants a bank account for every young Londoner.
Executive profile: Solana Cozzo, Mastercard
It’s a good thing Solana (“Sol”) Cozzo is high energy. When she’s not literally running or chasing after 3-year-old twins, she’s running Mastercard’s North American prepaid and inclusive growth business. It’s hard work when you consider that “the cardable opportunity is about seven times the current market,” she says.
Barcode Payments Spread across Africa with M-vendr, PiP iT
M-vendr, a U.K.-based tech company with a POS pay-in system across 12 African nations, has signed an agreement with international cash payments platform PiP iT to integrate the latter’s barcodes across its network of 45,000 merchant locations.
Mastercard, Commonwealth Bank Work for Financial Inclusion in Indonesia
Commonwealth Bank and Mastercard are working together to improve financial inclusion for Indonesian women with a focus on business owners.
Abu Dhabi Launches its First Fintech Innovation Challenge for Startups
Abu Dhabi Global Market and KPMG are launching the first Fintech Abu Dhabi Innovation Challenge—a five-week program for “innovative and mature startups across the globe,” with a chance to win $15,000 in prize money.
Ant Financial Forms JV with CIMB Subsidiary for Digital Financial Services
In another step to expand its global footprint and promote financial inclusion, Ant Financial Services Group on July 24 announced it’s entering into an equity joint venture with CIMB Group Holdings Berhad subsidiary Touch ‘n Go Sdn Bhd (TNG). The JV will introduce a “world-class mobile platform for payments and other financial services,” the companies said.
