Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Trade-offs Impact en las Americas New Revivalists
Local and Inclusive Climate Finance Catalytic Capital Capital on the Frontier Best Practices Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Locavesting Entrepreneurship Gender Smart Return on Inclusion Good Jobs Creative economy Opportunity Zones Investing in place Housing New Schooled Well Being People on the Move Faith and investing Inclusive Fintech
Clean Energy Farmer Finance Soil Wealth Conservation Finance Financing Fish
Innovative Finance
Personal Finance Impact Management
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Thank mobile money if the world meets the 2030 Sustainable Development Goals

Touted as a path to financial inclusion, mobile money directly touches at least 11 of the 17 Sustainable Development Goals, says GSMA, a global association of mobile phone operators, in its 10-year State of the Industry Report on Mobile Money. “A decade from now, everyone, including the world’s poor, should be able to send money to

Elevar and Accion double down on CreditMantri to help Indian borrowers

The Chennai-based online credit management venture CreditMantri is close to closing a $7.6 million Series B round from its existing investors. Accion’s investment is through its Frontier Inclusion Fund, reflecting CreditMantri’s graduation from Accion’s Venture Lab, which helped seed the company’s $2.5 million raise in 2015. Elevar Equity, IDG Ventures India and Newid Capital also participated.

World Bank commits $130 million for digital payments in Pakistan

The World Bank is backing projects in Pakistan to build access to credit and digital payment infrastructure for households and small businesses. The move is part of the government’s 2015 National Financial Inclusion Strategy. Only 10 percent of Pakistani households have a bank account; one-third of adults are borrowers, but only three percent get credit

MoneyGram acquisition helps Alibaba Group go global, but will it lower remittance fees?

Globally, more than $580 billion is remitted by migrants to their home countries, 75 percent to developing countries. Alibaba Group’s acquisition of MoneyGram — the second-largest money transfer service worldwide — may help bring the expensive transfers world into the era of mobile and online money. The acquisition gives Alibaba’s online payments processor, Ant Financial, access to MoneyGram’s 200-plus international

Direct cash transfers show promise as anti-poverty tool

The evidence base is growing for the effectiveness of giving cash directly to the poor. A new report from Britain’s Independent Commission on Aid Impact (ICAI) found the U.K.’s cash transfer programs delivered “increasing incomes and consumption levels for the poorest households, with modest but positive effects on savings, asset accumulation and debt reduction.” In East

Move over microfinance. Mobile money is touted as the new magic bullet

Nearly four in every 10 dollars from impact funds targeting emerging markets in 2015 went to microfinance, but access to small amounts of credit hasn’t been the panacea for poverty that was promised. Fuller access to a variety of financial services enabled through mobile phones, is the future, says Kusi Hornberger, a vice president at

What do you get when you cross Bitcoin and MPesa?

Kenya’s BitPesa raised $2.5 million in financing from Silicon Valley investor Tim Draper’s Draper VC, Greycroft Partners, and numerous existing investors. MPesa, of course, is Kenya’s wildly successful mobile money service. BitPesa can make financial transactions, particularly international remittances, cheaper and more accessible by using bitcoins, which the service then exchanges into local currencies for deposit