emerging markets

Messenger Lite launches on iOS, but only in Turkey

A few days ago, Facebook quietly introduced a “Lite” version of its Facebook app for iOS devices, but only in a single market, Turkey. The app had been previously available only on Android

Paystack, with ambitions to become the Stripe of Africa, raises $8M from Visa, Tencent… and Stripe itself

Africa has been one of the least-developed regions globally when it comes to technology and being on the less advanced side of the so-called digital divide. But with a huge population and a set of nat

Twitter Lite expands to 21 more countries, adds push notifications

Twitter announced today its Twitter Lite app is expanding to 21 more countries, which makes the data-saving app available to more than 45 countries in total. The app was introduced last year with the

Google’s Datally app adds more ways to limit mobile data usage

In November, Google introduced Datally, a data-saving app largely aimed at emerging markets where users often rely on prepaid SIM cards, and don’t have access to all-you-can-eat unlimited data p

Google’s data-friendly app YouTube Go expands to over 130 countries, now supports higher quality videos

YouTube Go, a mobile version of YouTube built for emerging markets with features like offline viewing and nearby sharing, is today expanding to over 130 countries worldwide. This wider rollout will ma

Bima raises $97M from Allianz for microinsurance aimed at emerging markets

On the heels of Lemonade raising $120 million from Softbank for its new “peer-to-peer” spin on insurance services, another company aimed at disrupting the insurance market is announcing a

Trocafone raises $15 million to expand its used electronics marketplace in emerging markets

Trocafone, the online marketplace for used electronics, has raised $15 million in new financing to expand its reach beyond Brazil and Argentina into other emerging markets. The company, which raised $

Remitly is raising up to $115M led by Naspers’ PayU to double down on remittances

International remittances continues to be one of the biggest financial services in developing countries, with $450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone,

Twitter is testing a Twitter Lite Android app, first in the Philippines

Twitter today has nearly four times as many monthly active users outside the U.S. as it does in its home market — 260 million versus 68 million — and this week it quietly launched a new ap

Google is reportedly releasing a localized mobile payment service in India

Google is increasing its focus on India with plans to introduce a localized digital payment service as soon as next week, according to a report from India-based news site The Ken. The publication clai

LinkedIn Lite launches as an Android app in India, coming to 60+ countries soon

LinkedIn, the social network for the working world with more than 500 million members, is taking its next step in its bid to court more users in emerging markets. The company has released an Android a

Google’s new experiment, Triangle, lets you block individual apps from using mobile data

Google recently began testing a new tool for helping people better manage the mobile data used by their smartphones. The new Android app, called Triangle, is currently being tested in the Philippines,

Kreditech raises €110M from Naspers’ PayU in strategic financing partnership

Kreditech, the German startup backed by Peter Thiel, Rakuten and the IFC that creates credit ratings and provides finance to people who may not otherwise have credit histories, has raised another ro

Netflix rival Iflix reveals its first original content series for emerging markets

Fresh from raising $90 million from investors in March, Iflix, a Netflix-like service for emerging markets, has announced its first slate of original content. The Malaysia-headquartered business cla

Google expands its initiative to provide free Wi-Fi hotspots in emerging markets

Google today announced a collection of updates aimed at helping get 'the next billion' internet users in India and emerging markets online. One of the more subtle yet interesting components to that pu

Google launches data-friendly YouTube app for India and other emerging markets

Google has introduced a new version of YouTube that is dedicated to users in emerging markets.

McKinsey says digital finance adoption could add trillions to high growth economies

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Nigerian logistics startup Kobo360 raises $6M, expands i

Gartner: Android’s smartphone marketshare hit 86.2% in Q2

What growth there is left in the smartphone market continues to center on emerging markets where consumers are upgrading from feature phones.

Emerging markets’ challenge to Silicon Valley

Silicon Valley leads the global technology innovation markets with the credentials and an ecosystem that is second to none. We have had contact with many of the leading technology accelerators operati

Golden Gate Ventures closes new $60 million fund for Southeast Asia

Singapore-based Golden Gate Ventures has closed a new $60 million fund for Southeast Asia's rapidly-growing startup ecosystem.
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