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Africa Insuretech Rising and Insuretech connect launch international innovation program


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Africa accounts for a quarter of the earth’s population. It has approximately 1.2 billion people with less than 3% coverage of Insurance on the continent. While Insurance penetration is improving and has improved in the past in other parts of the world, Africa still has unique challenges. The current insurance penetration in Africa is less than 3%. South Africa leads with 17%, Kenya has a penetration of about 2.9% and it is followed by Rwanda at 1.7%, Nigeria at about 0.8%, and Tanzania at about 0.7%.
HOW A.I.R IS SOLVING THE PROBLEM
In order to help bring the important benefits of increased insurance coverage to more areas within Africa, AIR with support from Insuretech Connect, is launching an international innovation program called ....

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Are we witnessing the green shoots of a Swiss fintech sub-sector?


Are we witnessing the green shoots of a Swiss fintech sub-sector?
When it comes to greening up the Swiss financial sector, fintech can also play a role. But start-ups need cash. So it’s been suggested that the government part-finance a proposed fund to boost innovation and encourage pension funds and venture capitalists to invest in more green technology.
This content was published on April 16, 2021 - 18:00
April 16, 2021 - 18:00
Matthew Allen
When not covering fintech, cryptocurrencies, blockchain, banks and trade, swissinfo.ch s business correspondent can be found playing cricket on various grounds in Switzerland - including the frozen lake of St Moritz.  ....

European Investment Fund , Green Fintech Network , Secretariat For International Finance , Carbon Delta , State Secretariat , International Finance , Fintech Network , Swiss Greentech , European Investment , Open Finance , Finance General , Economy General , Public Finance , ஐரோப்பிய முதலீடு நிதி , பச்சை ஃபிண்டெக் வலைப்பின்னல் , செயலகம் க்கு சர்வதேச நிதி , கார்பன் டெல்டா , நிலை செயலகம் , சர்வதேச நிதி , ஃபிண்டெக் வலைப்பின்னல் , ஐரோப்பிய முதலீடு , திறந்த நிதி , நிதி ஜநரல் , பொருளாதாரம் ஜநரல் , பொது நிதி ,

Singapore, the garden of innovation – exclusive interview with Varun Mittal


Interview
Singapore, the garden of innovation – exclusive interview with Varun Mittal
Friday 22 January 2021 09:34 CET | Editor: Vlad Macovei | Interview
Varun Mittal, co-founder of
Singapore – The Fintech Nation, reveals what stands behind Singapore’s boom in fintech and regulation
What led to Singapore turning into such an attractive hub for the banking and fintech industry and what unique opportunities can be found here, in the context of further developments in Open Banking in Asia?
Singapore has what we call ‘kiasu’, meaning ‘fear of missing out’. Singaporeans want to recheck everything and be very cautious about not making any mistakes. But we have turned this ‘fear’ into a strength because, in a regulated industry, that ‘fear’ is a positive. Unlike social media apps, where an error leads to a reset, when it comes to fintech regulation you can’t just make a mistake. The acceptance of the law (or the rules) process is v ....

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