Replicating M-Pesa: Mobile and Cloud Technology Spur Innovation in Financial Inclusion
July 15, 2012 Editor 0
Mobile technology and cloud computing are opening doors for low-income individuals and rural communities to financial services. High transaction costs and poor infrastructure have traditionally kept formal banks from serving the BoP. Today, firms like M-Pesaand Ekgaon are paving the way for affordable banking products tailored to the needs of the BoP.
- Movirtu’s Plan for 4 Million ‘Cloud Phone’ Users by 2013
- How Can We Make Cloud Solutions Relevant in the Offline World?
- Time to let loose? Why lawmakers should ease up on mobile banking rules
- Why a unified database of mobile users could mean an economic boom in Africa
- Are Lasers the Key to Cheap, Cloud-Based Internet?
- How a Mobile Airtime Vendor Became Zimbabwe’s Fastest-Growing Bank
Categories: Next Billion
Subscribe to our stories
- Device that recycles vaporized water from power plants wins MIT $100K May 28, 2019
- Why Do Foreign Investors’ Attitudes toward Women Matter? May 28, 2019
- When less is more: coordinating innovation in open versus closed source software development May 28, 2019
- Social entrepreneurship: an emerging market perspective, some fresh evidence from Ghana May 28, 2019
- Influence of personal traits on social entrepreneurship intention: an empirical study related to Tunisia May 28, 2019