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As Stax celebrates its first anniversary, we caught up with its CEO and co-founder, Ben Lyon, to discuss the startup's commitment to providing offline mobile banking services, its growth aspirations, and upcoming features on its app.
Nine out of 10 mobile transactions in sub-Saharan Africa flow through USSD. In this edition of The Next Wave, we discuss why USSD needs more disruption despite its prevalence on the continent.
A recent study by Caribou Data and the Partnership for Finance in a Digital Africa found that 92% of small and medium enterprises in Kenya use social commerce
Using platforms like Facebook, Instagram, and WhatsApp, people buy and sell products and services as well as directly communicate with each other.
Over 45% of women in LIC without a national ID Although, the country is not alone in this category, the requirements for Know Your Customer (KYC) in Nigeria employed by organisations and government institutions are said to be tough. x According to a report titled: “Payment system design and the financial inclusion gender gap,” prepared by Caribou Digital in collaboration with DFS Lab, Caribou Data, and funded by the Bill and Melinda Gates Foundation, it noted that the gender gap in financial inclusion is stubborn. The report said between 2011 and 201...