NoTraffic raises $50 million in Series B funding to digitize mobility

Mobility tech start-up NoTraffic has announced the successful completion of a $50 million Series B funding round for its platform, which aims to digitize the backbone of transportation and streamline the next generation of traffic mobility.  The latest funding round will enable the company to accelerate its growth momentum by increasing production, research and development, […]

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On Gig Platforms, Women Workers Face Triple Barriers to Inclusion | Blog

Gig platforms continue to transform the global workforce, and women’s work is no exception. Doordash, a delivery platform in the U.S., recently announced that 58% of its delivery workers, known as Dashers, are women. In emerging markets like India too, women are entering the fray, with 10% of the estimated 14.5 million platform workers in India […]

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Why Don’t Fintechs Have a Larger Share of Peru’s MSE Credit Market? | Blog

CGAP has found segmenting the market to be a helpful tool in understanding how to close financing gaps for MSEs. By carrying out a market sizing study in 2021, CGAP also established the status of access to finance for MSEs and the size of the credit market across four different geographies, including Peru. What stood […]

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Maturing India Stack Drives Digital Financial Inclusion of Gig Workers | Blog

Platform-based financial services for gig workers have been on the rise in many emerging markets, including India, where there is increasing diversity in the types of products being offered by platforms and fintechs to platform workers. India’s robust digital public infrastructure (DPI), called India Stack which includes its United Payments Interface (UPI) and Aadhaar (India’s […]

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Israel Bonds – 72 years of successful and meaningful investment

In today’s uncertain economic climate, individuals seek strong investments that yield a significant return with minimal risk. Israel Bonds – which is currently offering rates above 5% – is not only an ideal investment but is a meaningful expression of conviction in the future of the State of Israel and its citizens. What are Israel […]

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Climate Resilience Through Financial Services: Farzana’s Story | Blog

Before Cyclone Aila, which tore through southwest Bangladesh in 2009, Farzana and her family farmed a small tranche of land in the Khulna Division in the delta of Bangladesh, where they made an income growing rice, mangos, and lemons. The storm significantly impacted agricultural land and communities, and Farzana and her family were no exception. […]

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Digital Credit in Côte d’Ivoire: A Double-Edged Service | Blog

Digital credit has been on the scene in Cote d’Ivoire since 2018, but until last year, little was known about how digital credit is used in the country and what risks it presents to users. In 2022, as part of the WAEMU DFS Consumer Protection Lab, CGAP conducted a nationally representative phone survey with digital […]

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Types of Life Insurance That Generate Immediate Cash Value

Life insurance provides financial protection to individuals and their loved ones in the event of unexpected circumstances. One key aspect to consider when choosing a life insurance policy is whether it generates immediate cash value. In this article, we will explore different types of life insurance policies and discuss which ones offer the benefit of […]

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Government budget cuts hold Israel’s tech companies back

Chief Innovation Scientist and chair of the Israel Innovation Authority Ami Appelbaum has stated that with the funding they received in the latest state budget, the IIA will have difficulty supporting start-up companies. Appelbaum finishes his position at the end of the year, but warns about the ability of the IIA to support local hi-tech. […]

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