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Myanmar’s Digital Transformation: Fintech, Wave Money, and Financial Inclusion

The Fintech Times

Despite its political unrest and economic challenges, Myanmar has shown significant progress in the fintech sector, bringing financial services to underserved populations. In 2016, the Central Bank of Myanmar (CBM) issued regulations for mobile financial services (MFS), creating a safe regulatory framework.

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Nigeria Turns To FinTechs To Boost Financial Inclusion

PYMNTS

In an effort to expand access to financial institutions (FIs), the Central Bank of Nigeria is planning to license more payment providers, Bloomberg reported on Saturday (Nov. The goal is to improve Nigeria’s financial inclusion rate by 20 percent, bringing it to 80 percent by the end of 2020.

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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability.

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Somalia Launches First Nationwide Instant Payment System Powered by BPC

Fintech Finance

Championed by the Central Bank of Somalia (CBS), the initiative marks a major step in modernising Somalia’s payment infrastructure, promoting financial inclusion and enhancing economic stability.

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How is Senegal Leveraging Fintech to Overcome Major Inclusion and Economic Challenges?

The Fintech Times

Senegal is one of many countries across the Middle East and Africa trying to diversify its economy and future-proof itself by hosting financial inclusion by employing fintech solutions. However, Senegal remains a developing economy with significant challenges in financial inclusion , particularly in rural areas.

FinTech 59
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The Rise of Fintech in Cambodia: Driving Growth and Financial Inclusion

The Fintech Times

Cambodia is leveraging fintech innovations and strategic reforms to boost economic growth, financial inclusion and international partnerships, positioning itself as a key player in the Southeast Asian digital economy. Despite these advancements, about 30 per cent of the adult population remains underserved in financial services.

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Inside Africa’s Fastest Growing Fintech: How Moniepoint is Supporting the Underbanked in Nigeria

The Fintech Times

Financial inclusion and access to credit continue to be a hurdle for businesses especially SMEs and individuals in Nigeria. Moniepoints success in broadening access to the financial system has resulted in millions of businesses accessing the system for the first time. Widening financial inclusion creates a snowball effect.

FinTech 59