Many cashless society initiatives don’t really solve merchant problems. The solutions that will win in the end will be the ones that can combine payment services with value-added services to help the merchant make more money and the consumer pay in a more effective and rewarding way.
Over the past decade, the push for financial inclusion has united governments, companies, technology entrepreneurs, and nonprofit organizations in dozens of countries on every continent — and with remarkable success. In 2011, only 51 percent of the world’s adults had a formal bank account. By 2017, as the World Bank recently reported in its new Global Findex […]
Ten years ago, the 5 largest publicly traded companies in the world included 2 oil firms and one tech firm. Today, all 5 are tech firms with a combined worth of $3.9 trillion. Of the 20 most valuable firms in the world this year, the combined market cap of the tech firms is 2.5 times […]
Editor’s note: You probably already know that talent accelerator, Andela raised $24 million in a funding round led by Mark Zuckerberg and Priscilla Chan. What you may not know is that media coverage of the funding sparked a controversy on Nigerian Tech Twitter about its founding narrative. This morning though, Iyinoluwa Aboyeji, Andela’s co-founder set the […]
The pitch doesn’t matter, a good business speaks for itself, right? Wrong.
So. Many. Feels.