As the size and number of blockchain networks grow, the need for value exchange across blockchains is becoming evident. Unfortunately, most chains remain primarily disconnected from one another — like islands with separate economies and communities, unable to exchange value or information with the world outside. That siloed nature goes against the idea of decentralization. Not only that, but the lack of interaction also gets in the way of the advancement of technology by putting limits on innovation, free trade, and economic growth. You find that the applications meant for one network only work within that network, meaning that they…

Many parts of the world, including Western Europe and North America, have seen a constant increase in living standards in the last two centuries. Looking at the GDP alone, one can see the changes that have taken place in the developed world. For example, between 1820 and 1998, the GDP in the US went up by a factor of 22. Countries in Western Europe, including the United Kingdom and Finland, reported just as significant increases. Unfortunately, the growth has not been as significant in other parts of the world, resulting in substantial human costs.

It is not uncommon for well-to-do…

The L-Pesa App — #1 path to financial inclusion

Over the years, there is one app that has stood out for offering excellent and progressive financial services. This app is the L-Pesa app, a brilliant service that is meeting financial needs for thousands of individuals in various countries. Everyone can access the services of L-Pesa. All that is needed is a mobile phone and meeting the basic criteria when subscribing to the service. L-Pesa offers financial services, with the aim of removing barriers that make it a challenge to benefit from structured finance. L-Pesa is focused on financial inclusion for all.

To make this a reality, L-Pesa offers a…

NEW YORK, April 28, 2021 /PRNewswire/ — Frontier International Holdings, an innovative international FinTech company, is expanding its L-Pesa micro lending program to the Indian market.

The Commercial Fintech Company, has unveiled plans for listing on Nasdaq First North in Stockholm during the autumn 2021.

Frontier has developed a proprietary technology that provides microcredit to customers via mobile money accounts on their mobile phones. It is currently operating under the L-Pesa brand name in four countries (Kenya, Tanzania, Uganda, and India) with a registered base of over 600,000 customers which keeps growing.

Frontier Funding Group’s CEO Ron Ezra Tuval said…

The L-Pesa Risk Free $1 Starter Loan

L-Pesa Micro Finance, East Africa’s leading mobile financial inclusion services provider, has formed a strategic partnership with MTN Uganda — a part of the MTN Group, the world’s largest mobile payment platform.

L-Pesa Micro Finance is the leading mobile financial inclusion services provider operating in East Africa with over 500,000 customers in Kenya, Tanzania, and Uganda. This partnership with MTN Group aims to drive greater financial inclusion; making financial services accessible to OVER 10,000,000 MTN subscribers in Uganda promoting financial inclusion for the unbanked and underbanked communities in Uganda.

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L-Pesa & MTN -Financial Inclusion through MOMO

The future is mobile. L-Pesa is a mobile money service that has years of experience offering modern money solutions to people around the globe. Through this service, lives have been elevated and financial inclusion is building societies. With L-Pesa, it is possible to get access to microloans with just a swipe. All that is needed is some basic qualifying information, and the customer is open to a world of financial growth.

To further provide this service to more people around the world, L-Pesa has made a bold move and partnered with MOMO. With the cooperation MOMO, the mobile money service…

The L-Pesa Line of Credit

Finance has evolved in this new decade. Where just ten years ago, gaining access to financial services was limited to a select few, today everyone can benefit from financial services. Modern finance services are just a swipe away with L-Pesa services. Using mobile technology for access, L-Pesa ensures financial inclusion, through providing a line of credit to individuals from all walks of life. There are a myriad of other services provided by L-Pesa including microloan services, cryptocurrency, savings and much more.

The line of credit is the most favored of L-Pesa service offerings. It allows…

L-Pesa is a progressive finance service that is transforming financial inclusion around the world. Through L-Pesa it is possible for anyone with a mobile device to access microfinance services, through loans.

If you are above 18 and have a registered mobile phone line, you are legible to access L-Pesa services. To access an L-Pesa loan, you need to pass to qualify. A background check is carried out, and this involves a 6-month history check with your mobile banking partners. You need to have had at least 10 transactions done through mobile banking.

The application process is incredibly straightforward. You can…

Photo by Annie Spratt on Unsplash

L-Pesa has had a fantastic impact on financial inclusion over the last few years. To understand how far it has moved finance forward, it is worth looking back. Picture the financial landscape just one decade ago within a small village anywhere in the world. If someone wanted access to credit, it was highly possible that there were no formal financial institutions around them. Furthermore, it was not possible to access funds using a mobile phone. The options that remained included savings associations or shylocks. …

“Financial inclusion is where individuals and businesses have access to useful and affordable financial products and services that meet their needs that are delivered in a responsible and sustainable way. Financial inclusion is defined as the availability and equality of opportunities to access financial services.” Available on Google Play Store June 2019.

L-Pesa Micro Finance

"Clearly, poor communities are ready to adopt new technologies that improve their economic opportunities or their quality of life."

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