Fintech Finance

FEBRUARY 26, 2024

Today, Visa (NYSE: V), a leading global payments technology company, and the GSMA Mobile for Development Foundation (GSMA Foundation) announced the launch of the Digital Finance for All (DFA) Initiative, furthering Visa’s decades-long efforts to increase access to the global economy for everyone, everywhere.

Financial Literacy 52

Financial Literacy Finance Financial Inclusion Economy 52

Clearly Payments

MARCH 11, 2024

Cryptocurrency offers a viable alternative for individuals and businesses, especially those underserved by traditional banking systems, to access financial services and participate in the global economy. Moreover, as Canada positions itself as a hub for blockchain and cryptocurrency innovation among the startup community.

Cryptocurrency 83

Cryptocurrency Financial Inclusion Consumer Protection Payments 83

PYMNTS

MAY 2, 2018

They are proportionally comfortable using gig economy services that provide these things, with about a third of millennials working some sort of gig position themselves. We’re finding that this has been an underserved market for a long time. Two-Sided Participation. Millennials love to share. We’ve been expanding rapidly.

Economy 57

Economy Participant On-Demand Underserved 57

Fintech Finance

SEPTEMBER 12, 2024

Offering microloans to underserved populations, Lupiya has played a pioneering role in bridging this gap. But a third of the population remains excluded. There’s also a prevailing gender finance gap, with women struggling to access financial products and services from regulated providers.

Product 98

Product Financial Inclusion Debit Card Digital Payments 98

The Fintech Times

JANUARY 15, 2024

Created in partnership with Create Labs , a social venture offering technology access to underserved communities, the tool aims to limit biases and cater to diverse entrepreneurial needs.

Small Business 59

Small Business Visa AI Underserved 59

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. However, this innovation is not without its challenges and opportunities. 10 Navigating Capital Outflows: Are VCs Still Relevant?

Embedded Finance 105

Embedded Finance APACS Financial Inclusion CBDC 105

PYMNTS

APRIL 26, 2018

In a press release , Mastercard said that updating the agreement inked in 2015 will help financial companies in developing countries participate in the Mastercard network through an IFC program. Mastercard said the new agreement will support a “major” expansion of the program to more participating banks and financial institutions.

Visa 48

Visa Digital Payments Underserved Agreements 48

PYMNTS

JULY 19, 2019

In the gig economy, early payment—not just ease or speed—can be a differentiator. According to Pay Advances: The Gig Economy’s New Normal , employers disbursed $236 billion in full or partial payments before jobs were completed to 43.8 gig economy now comprises 38.7 percent of the gig economy. In contrast, 4.6

Economy 51

Economy Participant Underserved Audit 51

Fintech News

AUGUST 19, 2024

In the past 24 months, the firm has participated in seven deals in Southeast Asia, making it the fourth most active fintech investor during the period, neck and neck with 500 Global, according to Tech in Asia. The firm has raised 19 funds and invested in over 380 startups, with 62 operating in the circular economy.

FinTech 124

FinTech Underserved Technology Cross-Border 124

Fintech News

FEBRUARY 4, 2024

Emerging technologies are critical for wealth management firms as economies faced a dampened investment environment in 2023, with disappointing equity returns and sky-high interest rates. Firms like Fidelity Investments, Wells Fargo , and Morgan Stanley are driving social impact through initiatives targeting minority and underserved groups.

AI 133

AI Returns On-Demand Underserved 133

Fintech News

MARCH 5, 2024

Through this payment linkage launched in December 2023, individuals can pay for goods and services by scanning the Hong Kong FPS QR code or the Thai PromptPay QR Code at participating merchants. However, this innovation is not without its challenges and opportunities. 10 Navigating Capital Outflows: Are VCs Still Relevant?

Embedded Finance 98

Embedded Finance APACS Financial Inclusion CBDC 98

PYMNTS

MARCH 10, 2020

The funding round was led by Battery Ventures and both Redpoint Ventures and Tom Williams participated. We created NorthOne to serve businesses that are often underserved by big banks. From day one to today, our mission has been to make the financial system more inclusive and rebalance the economy from the bottom up.”.

Small Business 54

Small Business Payment APIs and Integration Underserved ATM 54

The Fintech Times

FEBRUARY 19, 2024

How businesses and countries are moving to a cashless societies Michael Brauneis, managing director and global financial services industry leader at Protiviti In an era of technological advancements and evolving consumer preferences, the global economy is witnessing a historic shift towards a cashless society.

Financial Inclusion 59

Financial Inclusion Online and Mobile Banking Digital Currency Economy 59

Clearly Payments

FEBRUARY 12, 2024

This article aims to explore the impact that Visa and Mastercard has on the payment industry, examining their influence on innovation, regulation, consumer behavior, and the broader economy. Bank of America launched the BankAmericard in 1958, widely considered the first credit card available to consumers, which eventually evolved into Visa.

Visa 90

Visa Payments Payment Networks Online and Mobile Banking 90

PYMNTS

MAY 1, 2020

Pandemic crisis or not, Brennan says his interactions with applicants and program alumni are grounded in good business ideas, marketplace reality, life experiences and a desire to give back to underserved communities. Its accelerator is a year-long program offered twice a year at no cost to participants.

Underserved 59

Underserved Participant Economy Continuity 59

PYMNTS

AUGUST 12, 2019

Existing investors Fullerton Financial Holdings, Bertelsmann India Investments and India Quotient participated in the round. Micro and small businesses represent a vibrant yet underserved segment of the Indian economy. Indian startup Lendingkart has announced that it raised $30 million as part of a Series D financing round.

Underserved 43

Underserved Small Business Participant B2B 43

PYMNTS

SEPTEMBER 18, 2020

Stem’s target client base, said Rabkin Lewis, consists of “not just the artists, but also their management teams, the labels that work with and all the various collaborators, songwriters, producers … all of them are part of a population of creators that we see as being underserved by financial tools and technologies.”.

Digital Payments 125

Digital Payments Payments Venmo Underserved 125

Fintech News

MAY 20, 2024

Participants will also hear about actionable strategies for enhancing productivity and cross-selling using data-driven financial insights, along with practical examples and case studies on monetizing transaction data.

FinTech 133

FinTech Embedded Finance BNPL AI 133

Fintech News

OCTOBER 16, 2024

Building on its success in 2023, which attracted over 66,000 participants from 150 countries, SFF 2024 will feature a distinguished lineup of global central bankers, regulators, industry leaders, entrepreneurs, investors, innovators, and influencers.

FinTech 109

FinTech Cross-Border Payments AI Innovation 109

PYMNTS

JUNE 14, 2018

For those people more than anyone else, said Brisker, a cash alternative is needed – one that can enable them to start participating in the formal economy, with or without a formal bank account. Mezu wants to start by giving underserved people a gateway into the formal economy right at home in the U.S., First stop?

Privacy 47

Privacy P2P Venmo Non-Bank 47

CB Insights

FEBRUARY 13, 2020

Growing the internet economy. Stripe Payouts and Stripe Issuing facilitate the movement of money with instant cashouts for gig economy workers and virtual card issuance, respectively. Stripe is focused on capturing a growing share of future payments volume in an increasingly internet-based economy. Virtual card issuance.

Payment APIs and Integration 98

Payment APIs and Integration Online and Mobile Banking Payments Push-to-Card 98

CB Insights

OCTOBER 10, 2018

What these startups share is the goal of creating customer-centric banking products that target underserved individuals and businesses. Investors are ramping up investment: In the first 10 months of 2018, this cohort has seen investors participate in 53 investments worth $1.72B, representing 57% of the $3B raised in the last 5 years.

Online and Mobile Banking 78

Online and Mobile Banking Debit Card Credit Cards Non-Bank 78

The Fintech Times

JULY 28, 2024

. “SteelWave Digital can further bridge the financial accessibility gap by expanding its strategic partnerships with global liquidity providers to enhance capital flows into underserved markets. He adds how it is important this goal keeps customers at the heart of any of innovation.

FinTech 92

FinTech Financial Inclusion Online and Mobile Banking Financial Literacy 92

CB Insights

SEPTEMBER 26, 2018

Successful participants will become “innovation champions” who can be called into other divisions within AARP to help foster ideas and early-stage growth. One successful pilot included a partnership with Walgreens that improved convenience for patients participating in clinical trials in “unconventional locations.”

Innovation 73

Innovation Participant Research Product 73

Fintech News

DECEMBER 20, 2023

Moving forward, MAS aims for Gprnt to expand its capabilities to serve the more sophisticated data needs of larger multi-national entities and other regional economies. SME finance and financial access Across every economy, MSMEs are playing a crucial role by contributing significantly to economic output and employment.

FinTech 105

FinTech Cross-Border CBDC Central Bank 105

Fintech News

APRIL 3, 2024

Data from the World Bank’s Global Findex Database reveal that, in 2021, men were 6% points more likely than women to use digital payments, a gender gap that had remained consistent across developing economies since 2014 in part because of the broader gender gap in access to digital services.

Financial Inclusion 124

Financial Inclusion FinTech Financial Literacy Non-Bank 124

Fintech News

JULY 23, 2024

The company provides flexible capital access to small and medium-sized enterprises (SMEs) with competitive interest rates and flexible options in loan tenors, payment models, and collateral participation. It also invests in community initiatives, equipping underserved communities with future-ready skills and promoting food resilience.

FinTech 130

FinTech Online and Mobile Banking Multi-Currency Non-Bank 130

CB Insights

DECEMBER 5, 2017

In 2015, Assurant participated in a $7.7M new sharing economy platforms). Hiscox has made small investments in LevelFunded Health , a health insurance agency for the SMB market, as well as Bunker, a contract-related insurance marketplace for freelance economy businesses. Number of investments: 4. Number of investments: 4.

Underwriting 28

Underwriting Cybersecurity Innovation Risk 28

CB Insights

JULY 16, 2017

new sharing economy platforms). Hiscox has made small investments in LevelFunded Health , a health insurance agency for the SMB market, as well as Bunker, a contract-related insurance marketplace for freelance economy businesses. Number of investments: 7. Liberty Mutual Strategic Ventures. Number of investments: 6. in funding.

Underwriting 28

Underwriting Cybersecurity Risk Innovation 28

Fintech Finance

MARCH 22, 2024

Remittances play a key role in strengthening financial inclusion in the region, boosting economies, and alleviating poverty –often serving as an essential source of income for people in low- and middle-income communities. A financial exclusion gap also still exists affecting underserved or unbanked communities.

Visa 52

Visa Cross-Border Cross-Border Payments Financial Inclusion 52

PYMNTS

JUNE 22, 2020

The nonprofit Opportunity Fund — which makes loans to small businesses owned by low- and moderate-income immigrants, women and other underserved clientele — started 2020 fairly optimistically. We have to remember that before COVID, particularly the underserved small businesses, they were not flush with cash,” she said.

Small Business 98

Small Business Underserved Participant Governance 98

Fintech News

MARCH 26, 2024

The World Bank flagged in October 2023 that the region’s burgeoning economies would decelerate to 4.5% It operates with the goal of building a credit ladder for the underserved population in India, aiming to serve over 550 million individuals. #9

FinTech 102

FinTech APACS Payment APIs and Integration Multi-Currency 102

Fintech Finance

APRIL 2, 2024

The startup that wins at the CEMEA finale will participate in the global finale — competing against winners from Europe, Asia-Pacific, Latin America, and North America — at the TechCrunch Disrupt event in San Francisco on October 29, 2024. ” The program first launched in the US in 2015 and quickly expanded into a global program.

Innovation 52

Innovation FinTech Cross-Border Payments Central Bank 52

PYMNTS

FEBRUARY 13, 2020

The gig economy continues to expand in the U.S. and elsewhere: As PYMNTS’ inaugural Gig Economy Tracker notes, gig workers are expected to make up half of the U.S. workforce by 2028, and already 16 million individuals are participating in the gig economy. Drawing the Line. even without an open banking mandate.

Small Business 61

Small Business Payment APIs and Integration Economy Finance 61

PYMNTS

JULY 29, 2020

It’s a merging of capabilities with three primary goals: 1) to build new commerce experiences; 2) to expand financial participation in the digital ecosystem globally; and 3) to drive startup innovation to push those goals forward worldwide. There’s often a dearth of information available to do that, Webster said.

Innovation 71

Innovation Visa Micro-Entry Financial Inclusion 71

PYMNTS

APRIL 26, 2018

“I think what we are trying to do is not try to compete or replace what’s going on with banks, but work with the financial system to fill in the gaps in the current system, so that everyone can afford the opportunities that the digital economy is extending,” he explained. And that journey, he noted, is happening outside the U.S.

Financial Inclusion 51

Financial Inclusion PayPal Underserved Push-to-Card 51

PYMNTS

JANUARY 16, 2020

PayPal has participated in the GivingTuesday movement since it began in 2012. It ties directly, Paasche said, to PayPal’s commitment to the democratization of financial services worldwide — both for consumers and merchants and particularly in underserved communities. million,” Paasche told PYMNTS.

PayPal 53

PayPal Process Underserved Economy 53