Eureeca Pitch Night: The International Edition  Recap

Posted by Karim Ansari on Jan 2, 2017 9:27:29 AM

  

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Topics: Eureeca news, Alternative finance, Pitching, cabture, investors, entrepreneurs, equity crowdfunding, Malaysia, UAE, pressmans, washplus, Netherlands, major drop

What  mobile money can teach us about alternative finance potential

Posted by Chris Thomas on Mar 30, 2016 8:56:28 AM

A version of this post was originally published in Capital Business magazine.

In 2007, Safaricom, the leading telecommunications operator in Kenya, launched M-Pesa, a mobile payments service aimed at improving access to financial services for the Kenyan population. Due to Kenya’s geographical vastness, poverty, and underdeveloped banking system, some 80% of Kenyans were excluded from the formal financial sector at the time. This entails a lack of access to modern payment instruments and other banking services, to consumer credit and to insurance.  

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Topics: Alternative finance