Blog

Posts tagged with Fintech

What can Nigeria learn from China’s digital economy? Insights on big data, mobile payments, and what China’s model means for financial inclusion in Nigeria

FiDA Partnership China Blog Series

This blog is authored by Ashley Lewis, Investment Officer, West Africa and South Africa, Accion Venture Lab with support from Tunde Kehinde, co-founder of Accion Venture Lab portfolio company Lidya.

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Can your personality get you a credit score?

Maha Khan

Imagine you have just completed a job and are owed money. Your client offers you a delayed payment option where instead of receiving $14,000 today, you will receive $20,000 in six months. Which option do you take?

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Using psychometric assessments in financial services

Maha Khan

This case study explores one company’s experience developing psychometric tests as an alternative method for credit scoring and a microfinance institution's experience implementing it.

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WeChat, You Chat, We All Chat: the importance of social media and entertainment for digital finance

Jessica Osborn

This blog was co-authored by Jessica Osborn and Annabel Schiff, both Senior Manager, Partners for the FiDA Partnership

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Eight things we learned in China driving Fintech fortune

Jessica Osborn

In May, the FiDA Partnership took 26 leaders from Africa’s digital finance industry to China to learn about their unprecedented FinTech boom. The week was immersive and intense, designed to allow participants to escape the boardroom and experience Chinese digital life firsthand on the streets of Beijing, in the mom-and-pop stores of Hangzhou, and the on factory floors of Guangdong. In this blog, we reflect on the key lessons.

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Eye in the sky, maize on the ground

Maha Khan

Richard is a smallholder maize farmer in Western Kenya. He used to borrow money from his family or friends to buy essential inputs to grow maize—seed, fertilizer, and equipment—because he couldn’t access a formal loan from a bank. Most banks consider him a high risk client because of his low-income and lack of credit history. Recently though, Richard obtained a $50 loan for his farming business. By processing and analyzing satellite imagery on his farmland and cropping cycle, in combination with other alternative data, a lending organization was able to assess his creditworthiness.

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Launching into space: using satellite imagery in financial services

Maha Khan

Two agriculture FinTechs integrated satellite imagery into their business models and product offerings, illustrating the promise and limitations of big data in financial services.

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Virtue and value in mobile operator big data

Marissa Dean

This guest blog was jointly authored by Marissa Dean (FiDA) and Jake Kendall. Jake Kendall is the Director of the Digital Financial Services Lab (DFS Lab), ​an early-stage accelerator delivering innovative fintech solutions to the developing world.

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Can big data shape financial services in East Africa?

Marissa Dean

Every minute of every day millions of users in Africa create digital data. This new data is creating opportunities for alternative “big data” to catalyze an expansion of financial services to low-income and hard to reach populations. FiDA’s Snapshot 9, “Best Practices in Big Data Analytics” and FiDA’s Focus Note, “Can Big Data Shape Financial

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Can big data shape financial services in East Africa?

Marissa Dean

We share how FinTechs, telcos, and banks in East Africa are leveraging their extensive datasets and what the marketplace for this information looks like.

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