unbanked

Cash is nice — as an option

Cashless transactions are on the rise, but cash payments are still a reality for American cannabis dispensaries and emerging countries – and they come at a cost. Are we ready for the end of cash?

Nigerian digital bank Yep! raises $1.5M pre-seed for its ‘financial super app’ play

Agency banking is big business in Nigeria and sub-Saharan Africa. It involves agents or merchants, who act as human ATMs, offering financial services such as transfers, savings and payouts to the unde

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M

It looks like everyone and their mother is trying to reinvent the Brazilian banking system. Earlier this year we wrote about Nubank’s $400 million Series G, last month there was the PicPay IPO filin

Nigerian fintech of the unbanked Bankly raises $2M led by Vault

Nigeria remains a largely cash-dominated country. There are more than 100 million adult Nigerians, of which more than half have little or no access to financial services.  Today, Bankly, a Nigerian f

Credit startup Migo expands to Brazil on $20M raise and Africa growth

After growing its lending business in West Africa, emerging markets credit startup Migo is expanding to Brazil on a $20 million Series B funding round led by Valor Capital Group. The San Franicso-base

Amazon’s new rewards card targets those with bad credit

Amazon this morning announced the launch of Amazon Credit Builder, a new secured credit card offered in partnership with Synchrony Bank. As the name implies, the card is aimed at those who are looking

Petal raises $30M from Valar to bank the unbanked with credit cards

Credit cards are a relatively new invention that have entered into something of an innovation rut. Reward programs seem stale, mobile apps remain mired in early-2000s UX paradigms and, all too often,

Amazon Cash, the service that lets you use cash to shop Amazon online, arrives at 7-Eleven

Amazon Cash, the service that lets consumers add cash to their Amazon.com balance at brick-and-mortar retailers, is now available at nearly 8,000 7-Eleven convenience stores, the companies announced t

Amazon brings its cash deposit service for the underbanked to the UK

Amazon has added the ability for UK users to pay for products and services on its ecommerce platform using cash. The service, called Amazon Top Up, lets shoppers load between £5 and £250 into their

Amazon launches Amazon Cash, a way to shop its site without a bank card

Amazon this morning announced the launch of Amazon Cash, a new service that allows consumers to add cash to their Amazon.com balance by showing a barcode at a participating retailer, then having the

PayNearMe Raises $10 Million Series D; Launches Self-Serve Platform To Allow Any Business To Accept Remote Cash Payments

Cash-based payments platform <a target="_blank" href="http://www.paynearme.com/">PayNearMe</a> has raised additional financing, the company announced today, in a Series D round led by August Capital

Bringing Banking To Immigrants & Unbanked, m-Via Rebrands As Boom Financial, Closes On $17 Million In Funding

Global mobile money transfer service m-Via is officially rebranding as <a target="_blank" href="http://www.useboom.com/">Boom Financial</a> today as it announces the close of a $17 million round of fu