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PalmPay and Jumia Join Forces to Revolutionize Nigeria’s Digital Payment Ecosystem
Jumia has integrated PalmPay, enabling users to pay seamlessly with their PalmPay wallet, enhancing transaction reliability and promoting digital payments across Africa. To celebrate this collaboration, they are launching a Christmas campaign from December 11 to 30, where customers using PalmPay can win cash rewards. This partnership offers seamless transactions, increased convenience, and encourages cashless transactions. Sofia Zab, Chief Marketing Officer of PalmPay, highlighted their commitment to improving the online shopping experience, while Jumia’s CEO, Sunil Natraj, emphasized their focus on providing reliable and secure shopping, enhancing access to affordable goods through digital payments.
Unlocking Sustainable Finance: The Urgent Need for Consistent Policy Frameworks
Nina Seega, director of sustainable finance at the University of Cambridge Institute for Sustainability Leadership, discussed sustainable finance and biodiversity in an interview with FinextraTV. She highlighted key achievements, including the establishment of a subsidiary for indigenous rights and effective participation mechanisms for local communities. However, Seega emphasized ongoing challenges for emerging markets, such as the need for clear guidelines and financial resources to support National Biodiversity Strategy and Action Plans (NBSAPs). She advocated for a unified strategy involving ambitious targets and collaboration among financial institutions to successfully integrate biodiversity and climate action with finance.
eToro Unveils Exciting Stock Lending Program for UK and Europe Investors
eToro has launched a stock lending programme for users in the UK and Europe, allowing them to earn passive income by lending whole unit stock positions. This feature excludes CFDs and fractional shares, rounding eligible stocks down to whole shares. Users can lend stocks, which are backed by collateral, and still receive dividends and sell their stocks anytime. Initially available to eToro Club members, the programme will roll out to various tiers, starting with Platinum users. The initiative, in partnership with EquiLend and BNY Mellon, aims to democratize stock lending for retail investors, enhancing their earning potential.
Unlocking Financial Inclusion: Why Fintechs Must Prioritize Accessibility
Recent EU legislation emphasizes the need for businesses to improve digital accessibility for individuals with disabilities, mandating that websites, apps, and digital interfaces be fully accessible. The ‘I Matter Too’ campaign by Nexer highlights the challenges faced by disabled users and encourages fintech companies to embed accessibility into their strategies. Key messages stress that digital accessibility is a fundamental right and compliance with the European Accessibility Act is just a starting point. Experts advocate for businesses to act now, as enhancing accessibility not only meets legal requirements but also improves customer satisfaction, brand loyalty, and corporate reputation.