45 Results
Anna Kuzmina Expert at Fintech
“M-PESA”: that is a name in global fintech history that can never be erased. Not that anybody would want to. Forever it will be the perfect example of a viable financial ecosystem based on rules unthinkable before. A living masterpiece that was created by a mosaic of unique circumstances, choices and risks taken at a particular time and place, an
19 October 2018 /payments Fintech
Guess what would be the most popular way to make payments in mobile Africa, in highly developed East Africa, in the upcoming West Africa? Don’t kid yourself, it is still cash. But the thing is that there are very few countries of the world where cash would not be the king. It is the question of what drives the digital payments that eat that cash a...
17 October 2018 /payments Fintech
More than 1 billion people live in the Sub-Saharan Africa, 40% of population under the age of 16, and there are only 250 million smartphones. The capacity for growth is huge — both MENA, Latin America, and the rest of the developing world have higher mobile penetration than Africa. Source: GSMA, Sub-Saharan Africa Mobile Economy, 2018Source: GSMA
15 October 2018 Fintech
Trips to China are routine to me, but this hot August of 2018 was something special. Never before did I have such a feeling of hopelessness and despair, as when I found myself without money, transport and ability to order food. My first encounter with cruel WeChat Pay antifraud system happened in the very first day when using Didi from WeChat wen...
10 October 2018 /payments Asia Financial Services
What happened in China makes now the whole world pay very close attention. First, back in 2004 when Alipay appeared on Taobao as an escrow system, slowly evolved as a seller accreditation, partnered with all major Chinese banks, offered daily payments, and accounted for 200 e-wallets and 10 million app installs — no one raised a brow. Second, it w...
08 October 2018 /payments Fintech
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