Kenyan Fintech Startup Kotani Pay Receives $2 Million Pre-Seed Funding - The Kenyan fintech startup Kotani Pay has raised $2 million in a pre-seed funding ... - https://news.bitcoin.com/kenyan-fintech-startup-kotani-pay-receives-2-million-pre-seed-funding/ #crossborderremittances #financialinclusion #digitalassets #felixmacharia #kotanipay #unbanked #africa
#africa #unbanked #kotanipay #felixmacharia #digitalassets #financialinclusion #crossborderremittances
How the digital world is failing the non tech-savvy.
How the digital world is failing the non tech-savvy.
Banking the #unbanked: focusing on commercial banks misses an opportunity. #Banks won't provide financial incentives such as lottery schemes for the poor to use banks. But another sector could - and should.
My new Coppola Comment post (paywall/free trial)
https://coppolacomment.substack.com/p/banking-the-unbanked-focusing-on
Wired: Fintech Unicorn Revolut Needs a Plan B https://www.wired.com/story/fintech-unicorn-revolut-needs-a-plan-b/ #Tech #wired #TechNews #IT #Technology via @morganeogerbc #Business/BlockchainandCryptocurrency #cryptocurrency #Regulation #Business #Unbanked #Finance
#Tech #wired #technews #it #technology #business #cryptocurrency #regulation #unbanked #finance
Fintech Unicorn Revolut Needs a Plan B - The company wants a UK banking license to move beyond payments and crypto. Regulators are... - https://www.wired.com/story/fintech-unicorn-revolut-needs-a-plan-b/ #business/blockchainandcryptocurrency #business #unbanked
âExhausted all optionsâ â Unbanked to close after being left hanging by investor - Unbanked is yet another crypto firm to wind down this month, joining Bot... - https://cointelegraph.com/news/unbanked-to-wind-down-citing-regulatory-enviroment #cryptoregulation #cryptoexchange #bottlepay #unbanked #coinloan #teserra #crypto #hotbit #nft
#nft #hotbit #crypto #teserra #coinloan #unbanked #bottlepay #cryptoexchange #cryptoregulation
âOver-Collateralization Can Help Mitigate the Risk of Stablecoin Depeggingâ â Pendulum CTO - Despite being touted as a game-changing innovation, the decentralized finance (def... - https://news.bitcoin.com/over-collateralization-can-help-mitigate-the-risk-of-stablecoin-depegging-pendulum-cto/ #centralbankdigitalcurrencies #automatedmarketmaker #decentralizedfinance #financialinclusion #forexmarket #blockchain #regulation #stablecoin #interview #on-ramps #pendulum #unbanked #depeg #cbdc
#cbdc #depeg #unbanked #pendulum #on #interview #stablecoin #regulation #blockchain #forexmarket #financialinclusion #decentralizedfinance #automatedmarketmaker #centralbankdigitalcurrencies
RT @CashEssentials
According to the @FDICgov, nearly 4.5% of #US #households were #unbanked in 2021. The #UnitedStates has no #federal #statute mandating the #acceptance of #cash in #retailpayments.
READ: https://cashessentials.org/u-s-unbanked-households-and-cashless-bans/ | @econobitch #Americas #payments #financialinclusion
#us #households #unbanked #UnitedStates #federal #statute #acceptance #cash #retailpayments #Americas #payments #financialinclusion
At the #DMV today, I observed a number of elderly people attempting to renew their drivers license were denied #RealID because they lacked sufficient address verification - a bank statement or utility bill. I saw the same issue repeated for young applicants, too. It irritates me that politicians have created an #ableist gate that excludes the #unbanked and #unhoused from access to federal facilities and public transit.
#dmv #realid #ableist #unbanked #Unhoused
@elan @tedivm The biggest regression is the elimination of cash; the #warOnCash. AFAICT #Klarna is cashless; unlike the #SafePay card, there is no way to buy a card at a supermarket using cash. So #unbanked ppl are excluded. I would love to open a Klarna acct linked to a temporary bank acct which I then close, rack up a Klarna debt & say to Klarna âwhere can I pay be debt in legal tender?â
#waroncash #klarna #safepay #unbanked
RT @bitcoinwithjake
For @BitcoinIslandPH, orange-pilling is not a hard sell - 60% of #Philippines adults are #unbanked, and the countries largest export is workers who send vast amounts of remittance back home.
They're having so much success they're planning their next destination!
Unbanked and Mastercard Team Up to Accelerate Crypto Card Adoption Within Web3 Organizations in Europe - PRESS RELEASE. Today it was announced that Unbanked, the leading provider of white... - https://news.bitcoin.com/unbanked-and-mastercard-team-up-to-accelerate-crypto-card-adoption-within-web3-organizations-in-europe/ #litecoinfoundation #pressrelease #litecoincard #mastercard #litecoin #unbanked
#unbanked #litecoin #mastercard #litecoincard #pressrelease #litecoinfoundation
"The Faroe tax system (TAKS) shares a lot of similarities with #Denmark, which is the Faroesâ principal trade partner and, as it happens, helped the autonomous territory develop their code. Simplicity is an overarching principleâso is shifting the burden of compliance and calculation to a centralized state and away from individual taxpayers."
Reject #Crypto and Look to the Faroe Islands to Help the #Unbanked | https://news.bloombergtax.com/daily-tax-report/reject-crypto-and-look-to-the-faroe-islands-to-help-the-unbanked
#denmark #crypto #unbanked #law #lawfedi
MIT, Maiden Labs examine CBDC inclusiveness issues in report from 4 countries - The report concentrates on real-world research from low- and midd... - https://cointelegraph.com/news/mit-maiden-labs-examine-cbdc-inclusiveness-issues-in-report-from-four-countries #unbanked #cbdc
Interests, in no particular order, include: #Labor #Unions, #GIS, #Geospatial, #Python, #FOSS, #DataScience, #EO, #FountainPens, #Journaling, #SocialJustice, #HousingJustice, #FinTech, #Inequality, #Unbanked, #polyamory, #allies...
Housing first.
Supporting #Ukraine is the only option. Expansionism, theft, sheer unbridled racism, and attempting to utterly stamp out other cultures cannot be permitted.
Feel free to say hi!
#labor #unions #GIS #geospatial #python #foss #datascience #eo #fountainpens #journaling #socialjustice #housingjustice #fintech #inequality #unbanked #polyamory #allies #Ukraine
#Introductions post retake 2/2 Interests, in no particular order, include: #Labor #Unions, #GIS, #Geospatial, #Python, #FOSS, #DataScience, #EO, #FountainPens, #Journaling, #SocialJustice, #HousingJustice, #FinTech, #Inequality, #Unbanked, #polyamory, #allies...
Housing first.
Supporting #Ukraine is the only option. Expansionism, theft, sheer unbridled racism, and attempting to utterly stamp out other cultures cannot be permitted.
Feel free to introduce yourself!
#introductions #labor #unions #GIS #geospatial #python #foss #datascience #eo #fountainpens #journaling #socialjustice #housingjustice #fintech #inequality #unbanked #polyamory #allies #Ukraine
Empowch is committed to building a strong community on a global scale and this new year, we are still aiming to digitize the 12 trillion USD informal #casheconomy and promote #financialinclusion for the over one billion #unbanked adults around the world.
Join us for more about us and ways to help empower the unbanked worldwide! đ
#casheconomy #financialinclusion #unbanked
11% of #Mississippi residents are #unbanked. 4.5% is the national average of unbanked people. https://www.pbs.org/newshour/show/millions-of-unbanked-americans-lack-adequate-access-to-financial-services #cryptocurrency
#mississippi #unbanked #cryptocurrency
@phyn Let's look at the claims one by one:
1ď¸âŁ "#Bitcoin has enabled financial participation for more people than banks (in the not so developed countries)."
I have heard this claim often (typically as "banking the #unbanked"), but the reasons for people being unbanked do not seem to lie in the lack of available banking, but the lack of available funds.
E.g., here's the take of @cybeardjm, on location in Benin. Let me know if you have different sources. https://www.didiermary.fr/bitcoin-will-save-africa/