Vista Partners founder calls for a fintech revolution to help pandemic-hit, minority-owned small businesses – TechCrunch

[ad_1] The head of what is arguably private equity’s most successful technology investment firm — Vista Equity Partners — made a rare appearance on Meet The Press to discuss the steps that the country needs to take to help minority-owned businesses recover from the economic collapse caused by the COVID-19 epidemic. Robert F. Smith is…

Visa connects to M-Pesa, Flutterwave enters e-commerce – TechCrunch

[ad_1] It seems the demand for Safaricom’s M-Pesa payment product never eases. Since its 2007 launch in Kenya, the fintech app has commanded over 70% of the mobile money market in that country. When COVID-19 hit the East African nation of 53 million in March, the Kenyan Central Bank turned to M-Pesa as a public…

In Nigeria PalmPay waives fees and creates ₦100M COVID-19 payout fund – TechCrunch

[ad_1] Africa focused payment startup PalmPay will waive transfer fees in Nigeria and offer direct payouts to customers who have contracted COVID-19 in the West African country. The venture — that launched in 2019 backed by China’s Transsion —  has created the PalmPay Support Fund. The initiative will start with 100 million Naira (≈ $300K)…

Saving, not spending, is the new hotness in fintech – TechCrunch

[ad_1] Hello and welcome again to our common morning have a look at personal corporations, public markets and the grey house in between. Yesterday information broke that Robinhood is on the hunt for new capital at a roughly flat valuation, per pal of the weblog Katie Roof. If you’re a bit confused by the information,…