Fintech Tala Raises $145M to Launch Crypto Product for Emerging Markets
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Tala Blog Post:
"More than 6 million customers across #Mexico 🇲🇽, the Philippines 🇵🇭, Kenya 🇰🇪 and India 🇮🇳 use Tala."
"Over 680,000 access points and mobile agents to cash out and repay."
#Bitcoin :bitcoin: #Tala #EmergingMarkets #MobileMoney #CICO #CashInCashOut #USDC #Stablecoin #Stellar #Circle #Crypto
How offline agent networks are driving Africa's digital development
https://afridigest.substack.com/p/how-offline-agent-networks-are-driving
"On a continent where up to 90% of retail transactions are still cash-based, cash-in and cash-out (CICO) has historically been the dominant function of DFS agent networks whether led by MNOs like Safaricom, by banks, or by various fintech providers."
#Bitcoin :bitcoin: #MobileMoney #Agent #AgentNetwork #Cash #CashInCashOut #CICO #DigitalFinancialServices #DFS #Africa 🌍 @Afridigest #EAjene #EmekaAjene
RT @MartinSjog@Twitter.com
Just discovered that one can buy and sell bitcoin for cash on the street in Abidjan in multiple places, mainly in the not so wealthy neighbourhoods:
https://twitter.com/MartinSjog/status/1422645737641418755
On #Fedi, follow @MartinSjog
#Bitcoin :bitcoin: #CashInCashOut #CICO #Teller #Agent #Trader #RetailAgent #MobileMoney #PointOfSale #IvoryCoast :flag-🇨🇮 #BurkinaFaso 🇧🇫 #Africa 🌍 #MartinSjog
Akoin TAN Agents activating entrepreneurs in Mwale City and beyond
"TAN helps bring together store merchants and entrepreneurs in Africa who make a market for Akoin, Bitcoin, U.S. Dollars, the BitMinutes tokens, and local currencies."
#Bitcoin :bitcoin: #Mwale #MwaleCity #MMTC #Butere #Kakamega #Kenya #Africa #EastAfrica #Akoin #Akon #BitMinutes #TrustedTAN #TrustedAgentNetwork #CashInCashOut #CICO #Exchange #AgentNetwork #MobileMoney #MPesa #Market #Convert #Cash
Mobile cash transactions hit record Sh5.2trn on phone payment reliefs
"An amount equivalent to] half of the country’s estimated GDP."
"The monthly volume of person-to-person transactions increased by 87 per cent between February and October 2020.”
"Safaricom controls 98.8 percent of the mobile money market."
#Kenya #MobileMoney #Safaricom #mPesa #Airtel #Telkom #P2P #Mobile #Money #Agent #CBK #Velocity #GDP #LipaNaMPesa #MerchantPayments #CashInCashOut #CICO #Cash
RT Pesa_Africa:
My MPESA agent friends are now calling to ask about how to get into the business of dealing bitcoins and cryptocurrencies. I am quite pleased, Mpesa agents are well suited for the business of exchanging cryptocurrencies and local currencies
#Bitcoin :bitcoin: #mPesa #Agent #AgentNetwork #CashInCashOut #CICO #Kenya #KES #BTCKES #KSh $BTC $KES $BTCKES
Read the Twitter thread:
https://twitter.com/pesa_africa/status/1351786081474252800
