innovation fund challenge

March 5, 2015

4 things that surprised us about using mobile money for school fee payments

Sometimes it seems like everyone is talking about mobile money. Last week Jim Kim said that he sees mobile money as a path to give financial access to all by 2020 and to end extreme poverty by 2030. Bill and Melinda Gates boldly bet that mobile money will help the poor transform their lives in the next 15 years. We responded with a piece on how NGOs like BRAC are ensuring that mobile money helps those who need it most.
March 12, 2014

Wanted: Mobile money ideas

Mobile money is creating new ways to work with the poor and help them manage their money. Already in four countries, there are more mobile money accounts than bank accounts.  Innovative development approaches are appearing around the world.  Bangladesh is the fastest growing mobile money market in the world, and organisations like Oxfam, FHI 360, Chars Livelihood Programme and others are experimenting with it.