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Africa and Middle East

BIMA

BIMA provides mobile-delivered insurance in Asia, Africa, and Latin America. Through the insurance model customers can pay for insurance via deduction of prepaid airtime credit.

UAE Exchange

UAE Exchange is headquartered in Abu Dhabi and is one of the leading global remittances, foreign exchange, and payment solutions brands. The services offered include money transfer, foreign exchange, and bill payments.

 

Juvo

Juvo’s mission is to establish financial identities for people worldwide who are creditworthy, yet financially excluded. In partnership with mobile network operators, Juvo’s proprietary Identity Scoring technology uses data science to create an identity-based relationship with anonymous prepaid users.

African Clean Energy

African Clean Energy (ACE) produces solar biomass energy stoves in Lesotho that provides clean cooking with a range of biomass fuels as well as offer solar electricity for mobile phone charging and LED lighting. ACE also helps arrange financing for the stove users through crowdfunding.

Paga Nigeria

Paga is a direct consumer mobile payments service in Nigeria that offers an electronic wallet to users. Its customers can Paga to send cash, purchase airtime credit, pay bills and retailers, and more.

Tala

Tala is a mobile technology startup that provides micro-loans in Kenya, Tanzania, and the Philippines. Tala mobile app uses the mobile data to help assess creditworthiness and deliver credit.

Branch Africa

Branch delivers financial services (credit) to the emerging middle class in Kenya using smartphones. It uses data on the applicant’s phone to create a credit score which is used for credit decision-making.

MicroEnsure – Insurance

Provides small ticket insurance to low income and middle income families in Africa and Asia, covering a range of risks related to health, assets, accidents and political violence. Insurance products are distributed through telco partners and claims can be made easily using text messages.

M-Kopa Solar – Digital Payments

M-Kopa Solar enables affordable solar power for homes in Kenya,Tanzania and Uganda based on a pay-as-you-go model with payments via M-Pesa mobile-money platform. In February 2016, it was recognized as the Best Mobile Innovation for Emerging Markets at the Global Mobile Awards.