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Nalezeno "unbanked": 98

Consensus Pitchfest 2023: Finance for the Unbanked

21.4.2023
The Consensus Pitchfest 2023 gives a platform to firms that are leading game-changing innovations in crypto, creating more space for financial inclusion and empowerment globally

Sempo Delivers Cash Aid for the Unbanked in Crisis

17.4.2023
Digital money is becoming the go-to vehicle for serving people in humanitarian crises. But when disaster victims have no smartphones or bank accounts, aid organizations have to distribute cash more creatively. That’s why Sempo is one of CoinDesk’s Projects to Watch 2023

‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO

5.4.2023
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more...

Egyptian Fintech MNT-Halan Secures $400 Million in Funding, Valuation Rises to Over $1 Billion

4.2.2023
Egyptian fintech MNT-Halan announced on Feb. 1 that it had raised over $340 million via debt and equity and it expects to raise an additional $60 million from leading international investors. The latest funding round sees MNT-Halan’s valuation rise to over $1 billion which reportedly makes...

Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe

30.1.2023
PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white-label crypto card issuance and program management service for Web3 companies has partnered with Mastercard, to accelerate DeFi card issuance in Europe. Mastercard and Unbanked have already established a footprint...

MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries

13.1.2023
The report concentrates on real-world research from low- and middle-income countries and untangles questions of inclusiveness, trust and functionality

Nigeria’s Rising Inflation and Foreign Exchange Shortages Fueling Devaluation Speculation — IMF Mission

20.11.2022
According to the International Monetary Fund (IMF)’s mission concluding statement, Nigeria’s rising inflation rate as well as the continuing shortage of foreign currency are fueling the naira devaluation speculations. To achieve a unified naira exchange rate, the global lender said...

Southeast Asia and DeFi’s Big Bet on the Unbanked

7.11.2022
With 70% of the Southeast Asian population under/unbanked, DeFi solutions have positioned themselves as catalysts for financial transformation

We need to move a lot faster on Global South Bitcoin adoption: Paxful CEO

2.11.2022
“The global South is where we should be looking” for Bitcoin adoption, Paxful CEO Ray Youssef told Cointelegraph in an interview at the gym

Report: Zimbabwe Tertiary Learning Institution Developing Central Bank Digital Currency

12.10.2022
Harare Institute of Technology, a Zimbabwean higher learning institution, is reportedly developing a central bank digital currency (CBDC). Quinton Kanhukamwe, the institution’s vice chancellor, said the digital currency is expected to help eliminate vices such as currency manipulation...

Vietnam’s crypto adoption: Factors driving growth in Southeast Asia

27.9.2022
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend

Report: Nigerian Central Bank Targets Tenfold Increase in Number of CBDC Users, Governor Says Use of Cash Will ‘Dissipate to Zero’

23.8.2022
Despite the apparent slow embrace of the e-naira digital currency by Nigerians, the Central Bank of Nigeria governor has said his institution is targeting a tenfold increase in the number of users of the digital currency in the next twelve months. The governor predicted that the use of cash will...

Nigeria aims for millions of new eNaira users as it increases features, targets unbanked

18.8.2022
Nigerian Central Bank governor Godwin Emefiele told attendees at the eNaira Hackathon that technical upgrades will add to the attractiveness and accessibility of the CBDC

Latest Global Findex Survey: Share of Adult Population with a Bank Account Now 76% — 1.4 Billion Adults Still Unbanked

16.7.2022
Between 2011 and 2021, the share of the world’s adult population that had bank accounts rose from 51% to 76%, the findings of the latest World Bank Global Financial Index survey have shown. About 1.4 billion adults are, however, still unbanked, not having the money or the identification...

How DAOs Open Doors for the Unbanked

30.6.2022
It’s a new, borderless world, and DAOs hold the key to economic opportunity for billions of people, including the world’s 1.7 billion unbanked adults

Co-Founder of Africa Focused Fintech: Traditional Banks Not Optimized to Serve the Unbanked

2.6.2022
For years, traditional financial institutions in different parts of the world have been attempting to narrow the financial exclusion gap by extending their services to the unbanked population. Yet for many reasons, these institutions still cannot avail their products and services to everyone that...

Why the Crypto Industry in Indonesia Is Set to Leapfrog Competing Markets

27.5.2022
With over 270 million people, Indonesia is the fourth-most populous country in the world and its economy is one of the largest markets in Asia. It also has a large unbanked population, a receptive regulatory environment and additional factors making it stand out for crypto adoption. In the latest...