financial inclusion

Ant Group to Shutter Xiang Hu Bao Mutual Aid Platform
Ant Group to Shutter Xiang Hu Bao Mutual Aid Platform
December 28, 2021  |  International

China’s Ant Group plans to close its Xiang Hu Bao mutual aid platform next month, a move that comes as the country’s government continues its...

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Boston FinTech GiveCard Helps Unhoused Find Homes
Boston FinTech GiveCard Helps Unhoused Find Homes
December 27, 2021  |  Financial Inclusion

“They’ll just use it to buy drugs.” It’s a rationale you’ve likely heard before in discussions of giving money to homeless people. The founders of...

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Kaepernick SPAC Deal With The Change Co. Fizzles
Kaepernick SPAC Deal With The Change Co. Fizzles
December 26, 2021  |  SPAC

Colin Kaepernick’s deal to buy a company with his SPAC, Mission Advancement Corp., has now been killed, The Wall Street Journal (WSJ) writes. The SPAC...

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Investments in Financial Education Empowers FIs and Their Customers
Investments in Financial Education Empowers FIs and Their Customers
December 23, 2021  |  Banking

Financial institutions (FIs) that offer financial education to consumers find that it helps to build trust, Alexis Castorina, head of consumer education for Early Warning®,...

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Cross-Border FinTech Startup TapTap Send Raises $65M
Cross-Border FinTech Startup TapTap Send Raises $65M
December 21, 2021  |  Startups

Cross-border FinTech platform Taptap Send announced Monday (Dec. 20) that it has raised $65 million in a Series B funding round led by Spark Capital....

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Lending Platform LoanWell Secures $3M in Funding
Lending Platform LoanWell Secures $3M in Funding
December 21, 2021  |  Investments

The North Carolina-based lending platform LoanWell has come into some money of its own.  According to a recent Securities and Exchange Commission Filing, the company...

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Family Finance Segment Booms Amid Rising Competition To Serve Cash-Free Kids
Family Finance Segment Booms Amid Rising Competition To Serve Cash-Free Kids
December 21, 2021  |  Financial Inclusion

As a growing number of competitors enter the family finance segment, Brian Dong says this proves that Greenlight was right to move into the space and deliver services to...

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Buy Now, Pay Later Becoming a Pathway to Mainstream Banking in Mexico
Buy Now, Pay Later Becoming a Pathway to Mainstream Banking in Mexico
December 20, 2021  |  Buy Now Pay Later

Aside from the pure convenience they offer, most buy now, pay later (BNPL) operators position themselves as a way for consumers to make a payment...

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Visa: How a Global, Digital Network Can Boost Financial Inclusion
Visa: How a Global, Digital Network Can Boost Financial Inclusion
December 20, 2021  |  Cross Border Commerce

Amid the great digital shift, subsets of financial services remain challenged because of decades-old, friction-filled and fragmented processes. Ruben Salazar, global head of Visa Direct,...

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