WorldRemit & Zantel EzyPesa

WorldRemit online money transfer service customers can now send remittances to Zantel EzyPesa accounts. The addition of EzyPesa means that WorldRemit now offers transfers to two of Tanzania’s four Mobile Money services. Customers can also send money to friends and family using Tigo Pesa. Tanzania is one of nine countries in the world where Mobile Money accounts outnumber bank accounts. WorldRemit already sends 25x more transfers to Mobile Money in Tanzania than to banks, even before the launch of EzyPeza.

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Kiwi P2P Lending

Peer to peer lender Harmoney launched its online lending marketplace with $100m lending capital, bringing the world’s fastest growing form of lending to the Kiwi public. Peer to peer lending is an established form of investment, currently growing at more than 200% per annum, and has been described as “banking without the banks[1].” It is an increasingly popular form of crowd funding that is changing the way that people borrow and invest. In the United Kingdom, the UK Government is the largest funder of P2P loans. Harmoney’s fully compliant online platform automates the process of investing and borrowing. The system is fast, easy to use and offers a marketplace in which to transact with Bank Grade Security. A lower cost structure means that savings can be passed on to borrowers and investors.

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Tigo Wekesa

Millicom international telecommunications and media company announced its Tigo operation in Tanzania has launched the world’s first mobile money service which offers users the opportunity to automatically earn a return on their balance direct to their wallet without the need for a separate registration. The service in Tanzania is called Tigo Wekeza (“Tigo Invests”), and will allow over 3.5 million Tigo Pesa users to benefit from quarterly payments based on the balance held in their account. Tigo Pesa users in Tanzania will also have the option to nominate a non-profit beneficiary, in line with their personal cultural belief.

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Gem Bitcoin Platform

Gem Bitcoin startup, launched a Bitcoin platform for developers at TechCrunch Disrupt SF’s Startup Battlefield. Selected as one of 30 companies competing for a chance to win $50,000 and the coveted Disrupt Cup, Gem’s full-stack API now provides developers with a complete solution that eliminates the pain of building Bitcoin security infrastructure into their apps. Founded by Bitcoin, Gem offers a platform for securing Bitcoin and other digital currencies. The importance of protecting Bitcoin balances and transactions is now mandatory in the wake of several recent industry security challenges resulting in the loss or theft of over half a billion dollars’ worth of Bitcoin. Gem’s solution, which can be deployed by developers in minutes, utilizes a three-key multi-signature system and several other integrated bank-grade security features to ensure Bitcoin wallets and funds are always secure and accessible. The combination of multi-signature technology with best-in-class authentication and monitoring systems in one comprehensive platform makes the Gem solution a first for the digital currency world.

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