Lauded as one of Africa’s greatest innovations, M-Pesa has revolutionized consumer spending in Kenya by introducing consumers to safe and reliable banking at a low cost.
12 years into business, Alipay has grown into the world's most valuable fintech services provider and the unquestionable leader of China’s online payment market. In 2014, Alipay processed 140 million transactions per day, while the banking system in China handled 170 million non-cash transactions on average every day (this includes bills, cards and electronic transfers). What did Alipay do to disrupt and win the payment market?
Whoever wins in mobile wins the market for the next decade. This is a generally held belief by internet companies in China. With many potential fights to pick up, mobile payment has become the battleground. Tencent, one of China’s biggest […]
The peer-to-peer money transfer app has changed the way we think about cash and how to spend it.
Off Grid Electric is utilizing pay-as-you-go energy model to reshape the economic landscape of one of the most underserved populations in the world.
M-Pesa has become the payment method of choice in Kenya. With a simple SMS text, those who traditionally lacked access to financial institutions can now easily send and receive money.