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Philippine fintech GCash hires banks for up to $1.5 billion IPO, sources sayThe IPO is expected to take place as early as the second half of 2025 or in 2026, subject to broader market conditions, two of the sources ...- GCash, other Asian e-wallets to expand into South Korea with Ant's Alipay+With South Korea being one of the most popular destinations of Filipinos, we are delighted that our customers will be able to maximize thei...
- Jack Ma’s Ant seeks $200 billion value in landmark dual IPOThe crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and ...
- Direct Cash Transfer scheme: India must learn from Latin America and KenyaNow that the direct cash transfer (DCT) scheme has been accepted for implementation, the challenge is to design a programme that is Indian.
- Delivering subsidies through DCTThree challenges confront Nilekani committee deliberating on delivering subsidies through direct cash transfers.
- Mobile phone is best way to provide bank accessBanking regulators still don’t get it: The best candidate for making access to finance truly universal in a developing country is the mobil...
- SKS Microfinance raises Rs 147 cr via equity saleVikram Akula-promoted SKS Microfinance has recently raised Rs 147 crore through a third round of equity infusion.
- Only profitability model can bring in right capitalWe can’t get enough capital needed by MFIs to reach out to the poor from social investors who are happy with the no-profit, no-loss model, ...
- Banking via mobile phones will alter relationsIt took years to get a new telephone line installed, until recently. In 1990, for every 1,000 people, there were just 10 telephone lines in...
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