Google has taken down hundreds of loan apps from the Play Store in Kenya since its new policy, which requires digital lenders in the East African country to submit proof of license, went into effect in January.
Payday, a neobank issuing global (USD, EUR & GBP) accounts to Africans, has raised $3 million. The platform intends to use the money to fuel its “future of work” initiative through borderless payment alternatives in major currencies.
To save brands from entering emerging markets blindly, Rwazi, a market intelligence startup, is out to bridge this gap by providing market insights backed by data collected directly from consumers.
GrowthLoop will use TransUnion identity data to improve U.S. consumer match rates on client files sent to advertising media such as Facebook and Google Ads. The data should also help clients to find matches among records within their files, building more accurate customer profiles. GrowthLoop calls itself a “composable CDP”, meaning it works with data assembled in external data warehouses.