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While working on the problem, they identified the skewed incentives when interacting with card issuers. And they launched Union54 not only to solve that problem for themselves but other fintechs. They range from digital banks to post-Series A fintechs and “companies founded on the basis of Union54’s availability.” .
The company also claims to have processed volumes now reaching double digits in millions of dollars. “What’s more, our interactions with customers and potential customers have shown us that the real problem we are tackling isn’t the ease of issuing cards– rather, it’s much broader than we could have imagined.”
We’re thrilled that today’s rapid changes in technology are opening up tremendous new ways to address the problems they face. For example, Martus can now be configured in less than 10 minutes by anyone with basic digital literacy skills. To do so, we definitely need your help. billion poor and unbanked. Martus Desktop 4.5
Nigeria leads the way again with five startups, while Egypt has four, Morocco has two, and Kenya, Ghana, Zambia and South Africa each have one. A wave of disruption of digitizing informal retail stores is sweeping across emerging markets this year, and Chari is joining in on the action. Union54 (Zambia). Amenli (Egypt).
Its offers a “high-yield” savings account, free FX and adjacent digital banking services so customers can save in a stable currency, the dollar, and spend-as-they-go in local currencies. The problem that we think is most pervasive is consumers’ inability to protect the value of their wealth.
Aminu Bakori and Kabir Shittu , founders of Sudo Africa, told TechCrunch that the opportunity to build Sudo was due to a problem they faced while attempting to issue cards at their previous startup: a mobile wallet system allowed users to aggregate existing financial institutions into a single platform and perform transactions.
We needed an energy ladder and a series of products that were all connected in some ways but solve different problems for these 2.2 ” Zola has now become a technology company whose products can solve energy access problems in almost any market, the company said in a statement. billion people,” he said. ” More than 1.5
Pula , a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. Pula is solving this problem by using technology and data. Agriculture insurance has traditionally relied on farm business. million farmers.
Impact Rooms offers well-rounded solutions for startup problems, from ensuring that they are investor-ready and are matched with the right investors, to raising capital. The Impact Rooms team is currently spread across the world with some of its experts in Kenya , Zambia, Ghana, South Africa, Puerto Rico, Australia, US, UK and Switzerland.
New report examines Africa’s growth in the digital economy and VC investment landscape. The startup ecosystem was growing but I could not fail to notice the problem of accelerators. The eCoBba is a platform co-founded by Kiwia to digitize savings groups, tapping their data to extend their range of financial services.
To help tell this story better, (RED) recently took a trip with one of our supporters, Roche, to Zambia to film a series of labs that are conducting life-saving tests and giving patients and doctors critical information in the fight against preventable diseases. The problem is that they just aren’t engaged around global health.
Los Angeles, California: Digital Inclusion. Saint Paul, Minnesota: Digital Dumpster Fire: Tips to Handle Social and Online PR Problems ( Communications Networking Lunch). Bamenda, Cameroon: How to Create Digital Stories. Lusaka, Zambia: Girls in ICT Day (Girls with Disabilities in ICT). Wednesday, April 12, 2017.
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