Financial – Piazza Carlo Giuliani Thu, 29 Sep 2022 11:18:16 +0000 en-US hourly 1 Financial – Piazza Carlo Giuliani 32 32 5 Ways to Fight Shrinkage: Keep Prices Low and Increase Savings Thu, 29 Sep 2022 11:18:16 +0000
(Source: Pexels)

From: John Brown

Many people are familiar with the term “inflation,” which refers to the general increase in the prices of goods and services over time. However, contraction may be a new concept for you. Shrinkflation is the sneaky phenomenon of products shrinking in size while prices stay the same. Companies often do this to save money, leaving consumers feeling ripped off.

If you’re affected by this and need extra cash to keep you afloat until the next payday, applying for a payday loan can help. Various online lending platforms offer fast and hassle-free services loans transferred directly to your bank account.

This article looks at five ways to combat shrinkage and maintain your savings! With a little effort and research, you can protect yourself from the negative impacts of shrinkage.

Buy generic brands

The first way to fight shrinkage is to buy generic brands. Generic brands are often just as good as branded products, but they cost less. You can often find a generic product exactly the same size as the brand name product! This way you can save money without sacrificing quality or quantity.

Calculate unit price

You can also combat shrinkage by calculating the unit price of products. Unit price is the cost of a product per unit of measure (usually per ounce, per pound, etc.). When you know the unit price of a product, you can compare it to other similar products to see which one is better. This is particularly useful when products are shrink-wrapped in different quantities.

Bulk purchase

When you buy in bulk, you can often get a lower unit price than if you bought the same amount of product individually. This can be a great way to save money, especially if you can find a good sale on bulk items.

Use cashback apps

You can also use cashback apps. These apps refund you a percentage of your purchase price in the form of a discount. Some of the most popular cashback apps are Ibotta, Ebates, and Swagbucks. By using these apps, you can recoup some of the money you would otherwise spend on shrinkage.

Take advantage of the sales

The fifth and final way to fight shrinkage is to take advantage of sales. Sale is a great way to get the products you need at a lower price. Time your shopping around sales to save money.

Last words

In conclusion, shrinkage is a serious and sneaky problem, but it doesn’t have to put a dent in your wallet. There are several ways to combat shrink, including the tips listed above. The government can also regulate prices to prevent it. It’s important to remember that shrinkage affects us all and we need to work together to combat it. With vigilance and action, we can protect ourselves from the erosion of the purchasing power of our currency and prevent our hard-earned money from dwindling.

Authors biography :

John is a financial analyst but also a man with different interests. He enjoys writing about money and giving financial advice, but he can also dive into relationships, sports, games and other topics. Lives in New York with his wife and a cat.

]]> Get a cash advance with bad credit Sun, 11 Sep 2022 13:01:00 +0000

Disclaimer: This is sponsored content. All views and opinions are those of the advertiser and do not reflect the same of WFTS.

With the current state of the economy, it’s proving difficult for many Americans to stay afloat financially — let alone maintain a healthy emergency fund. So, when most people have a financial problem, they turn to loans to save the day. But it’s not always easy when you have bad credit.

In most cases, not-so-stellar credit will keep you from getting a quick loan from conventional financial sources. Fortunately, many lenders offer same-day payday loans with guaranteed approval to help these people access credit.

Here are our top 10 picks for same-day payday loans:

  1. WeLoans – Best set for fastest payday loans
  2. iPaydayLoans – Ideal for small payday loans without a credit check
  3. CocoLoan – Ideal for online payday loans with instant approval
  4. Problematic loans in the United States – Ideal for same day payday loans with no credit check
  5. American Installment Loans – Ideal for reliable installment loans with fast approval
  6. Loans for bad credit in UK – Ideal for bad credit payday loans in the UK
  7. Quick Payday Loans – Ideal for payday loans with quick approval
  8. Payday Loans UK – Ideal for UK payday loans no credit check
  9. Get a payday loan – Ideal for multiple payday lenders with same day approval
  10. Easy payday loan – Ideal for easy payday loans with quick approval

WeLoans – Best Bundle for Fastest Payday Loans


WeLoans is an online platform that connects you with direct lenders who offer bad credit payday loans with same day approval. The website makes it easy for customers looking for fast payday loans to identify reputable lenders who would quickly approve loan applications.

The platform has a simplified three-step process to ensure that you get money to your bank account as quickly as possible. First, you must complete and submit a brief online form containing information about yourself and your financial situation. Lenders will then review and provide you with an offer in just minutes. After signing the contract, you will receive your funds the same day or the next day.

WeLoans also uses next-generation encryption technologies to protect all your personal and financial data and prevent data breaches. They also adhere to privacy standards and will not disclose information to unauthorized third parties.


  • Doesn’t check your credit score
  • Available 24/7
  • Easy and fast approval, no waiting time
  • Highly approved by previous customers (97% rating)

The inconvenients

  • Must provide proof of income

Apply Here For Payday Loans No Credit Check With WeLoans Now >>

iPaydayLoans – Best for small online payday loans with no credit check

Best loans for bad credit

Paid content

Paid content

iPaydayLoans is a popular same-day cash advance option that many Americans turn to when looking for quick loans. This site has an excellent reputation for partnering with a long list of direct lenders that offer fast approval for payday loans with no credit check.

iPaydayLoans is the place to go if you are looking for a secure and reliable platform to find lenders who will provide you with payday loans even if you have bad credit. After four simple steps, your funds will be transferred directly to your account and you will have cash ready to meet your emergency.

The whole process is done online and all the steps are fully automated to ensure you get your money without much fuss. Once you find a lender and accept the offer, the money will be in your bank account in just a few hours.


  • Great customer service
  • May qualify even with bad credit
  • Transparency and no hidden fees
  • Different types of loans are available

The inconvenients

  • Rates can be high for borrowers with extremely low credit scores.

Get instant payday loans with iPaydayLoans here>>

CocoLoan – Best for Online Payday Loans with Instant Approval

Best loans for bad credit

Paid content

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CocoLoan is another reputable website that connects borrowers with lenders who offer bad credit payday loans. In addition to payday loans, the platform also offers short-term loans, online fast loans, and bad credit loans.

CocoLoans understands that an emergency requires you to find money very quickly. Therefore, it partners with a long list of highly reliable lenders who will ensure that there are no delays in the loan process and that the money reaches you as quickly as possible. The platform has measures in place to ensure that you as a customer are always protected and can easily find a lender without much hassle.

When you apply for a loan through Cocoaloans, you guarantee that your loan will be processed quickly and securely. Your personal data is protected by bank-grade encryption technology which ensures that no data is leaked to hackers or other third parties.


  • Your data and privacy are protected
  • Simple application process
  • Easy to use and intuitive user interface
  • Low credit is also considered

The inconvenients

  • Proof of employment is essential.

Access CocoLoan’s fast payday loans here >>

What are payday loans without online credit checks and how do they work?

Payday Loans No Credit Check are short-term online cash advances that are not based on a credit score. However, it’s not as simple as it sounds, as US lending regulations require all loans to undergo a credit check. When you apply for a payday loan without a credit check, the lender will still need to do a due diligence, but will rely more on your ability to pay.

How We Picked the Best Alternatives to Payday Loans No Credit Check Online

We considered many factors when putting together this list. These are some of the key things we considered;

  • Number of direct lenders on the platform
  • 100% online loan application process
  • Loan conditions
  • Approval rate
  • Process efficiency and effectiveness

Don’t same day payday loans with no credit check really exist?

Due to US lending regulations, same day payday loans without credit check do not exist. The law requires that all loans be subject to a credit check. Also, checking your credit is the only way for lenders to know how much to lend you and what interest rates to charge for the loan. But lenders will rely more on your ability to pay.

Can I apply for a loan even if I am unemployed?

Yes. You can apply for and qualify for a loan even if you are unemployed. However, you must provide a reliable source of income, such as retirement benefits. Whether you are employed or not, lenders need to know that you can afford to repay the loan on time and in full.

Last words

Online payday loans are a great source of quick cash when you’re stuck between a rock and a hard place. They are fast, reliable and available when you need the money most. The above platforms will connect you with various lenders who will consider you for a loan, even with bad credit.

However, keep in mind that the best solution to your financial difficulties is to find ways to better manage the finances you already have so that you have money set aside for rainy days.

The 5 safest loans for bad credit Mon, 29 Aug 2022 17:28:13 +0000

Many people have bad credit for several reasons. These include late payments, delinquent loans, too frequent credit card applications, or filing for bankruptcy. If you have bad credit, it’s easy to get approved for short-term options like payday loans, pawn loans, car title loans, or personal installment loans.

Even people who have bad credit have options for taking out personal loans. For example, if your credit score is 579 or lower, unsecured loans can provide you with quick funding for unexpected expenses. When taking out a personal loan, find out about lenders’ transparent terms, prices and borrowing limits, calculate what you’ll pay in interest, how quickly you’ll have to repay borrowed funds and how quickly you can guarantee the loan.

1. Upgrade

According to personal finance experts like Forbes Finance and Investopedia, Upgrade paves the way for low-credit consumers to secure a reliable personal loan.

The upgrade has a score of 4.3 out of 5 possible points. One of its best features is an automatic payment discount that lowers the interest rate from 5.94% to 35.97% APR.

Minimum credit score:


Time to receive a loan:

Same day financing for approved borrowers

Borrowing limits:

$1,000 to $50,000


  • Allows low credit scores (550)
  • Allows co-applicants
  • Reduced rates offered to eligible co-applicants
  • Easy online application process
  • A pre-qualification that doesn’t hurt your credit score
  • Long maximum repayment terms
  • The lender is available anywhere in the United States

The upgrade lets you borrow as little as $1,000 with a credit score as low as 550, and you can get a lower rate if you apply with a co-applicant and receive loan approval. Plus, the online application process is simple and you can pre-qualify without hurting your credit.

The inconvenients

  • Setup fees can vary from 2.9% to 8.0%
  • Must have excellent credit, enable autopay, and set up direct payments on any existing debt balance to get the lowest APR available
  • Zero rollover options

2. Rocket Loans

If your goal is to get a quick loan to cover a personal crisis, Rocket Loans scores a 4.2 on some finance gurus’ best personal loans for poor credit lists. With same-day financing up to $45,000 after approval and an APR of 6.72% to 29.99% with automatic payment discount, Rocket Loans lives up to its reputation for light speed.

Remember that Rocket Loans will need to verify your information and give your bank time to process the funds before you can get your hands on any money.

Minimum credit score:


Estimated time to receive a loan:

Next Day Funding

Borrowing limits:



  • Offers consumer loans with low credit ratings (580)
  • Same day funding if you are approved
  • Wide range of loans

The inconvenients

  • 1% to 6% setup fee
  • Rigid conditions that only offer two options for 36 or 60 months
  • No co-signers or co-applicants allowed
  • Credit score requirement of 580 may weed out some applicants with lower scores
  • No same day financing option
  • Relatively low maximum loan amount of $35,000
  • Relatively high range for ARP
  • 4.75% initial administration fee

3. Before

Before can be a good option if you want consolidate debt with this lender. Avant allows you to consolidate all your loans into a single monthly payment. This is useful if you have trouble keeping up or paying multiple separate loan installments on time. Rated 4.1 by Investopedia for low credit consumers, Avant also offers an APR of 9.95% to 35.99% on personal loans.

Minimum credit score:


Estimated time to receive a loan:

Financing from 1 to 2 days

Borrowing limits:


4. Loan point

If low fees are important to you, check out LendingPoint. With a score of 4.1, this lender charges a 6% origination fee deducted from your overall loan amount, but tends to offer lower fees than other lenders. You can expect a standard range of 9.99% to 35.99% APR. If approved, you should receive the loan funds within one day.

Minimum credit score:


Estimated time to receive a loan:

One day

Borrowing limits:

$2,000 to $35,000


  • Average setup fee of 3.5%
  • Fewer costs
  • One day funding
  • Accepts low credit scores (580)
  • Offers pre-qualification choices
  • No prepayment penalty

The inconvenients

  • Relatively high fixed APR of 21.99%
  • No co-signers or co-borrowers allowed

5. Simple and fast loans

If your credit falls below the 550 to 600 base requirements for some of these loans listed, don’t despair. Simple Quick Loans offers several loan options for eligible borrowers, even those with very low credit scores. They also offer flexible repayment options and a simple application process. Just be ready with your ID.

Minimum credit score:

All scores are welcome

Estimated time to receive a loan:

At the end of the next banking day

Borrowing limits:

$200 to $3,000


  • No penalty for prepayment of the loan
  • Pre-qualification available
  • No warranty

The inconvenients

  • No approval without current account

How to get approved for a personal loan with a low credit score

If you have bad credit, it may restrict your access to safe loans with better terms and lower APR rates. On the other hand, you have a better chance of being approved if you apply with a co-applicant with excellent credit and a good payment history. You can also use autopay and dedicate any additional income to paying down current debt.

Here are 3 best ways to tell if you qualify when applying for a personal loan with low credit.

  • Your recent credit history demonstrates that you have resolved your past credit issues. When lenders look at your credit score, they’re more likely to approve you if your recent history indicates you’ve worked to resolve issues such as delinquent loans, tax liens, or pending bankruptcies. The main objective of the lender is to ensure that any old debt problems will not prevent you from repaying a new loan that they grant.
  • Your income is high and secure enough to repay the loan. Before approving you for a personal loan, most lenders need to know that you have the resources to pay it back. A lender determines this by looking at your debt-to-income ratio. This checks how much debt you owe against how much income you earn. If the ratio is too far off, a lender might not approve you because they view the imbalance as a repayment risk.
  • Taking out a loan will improve your financial future. Ask yourself if taking out a loan will help you reach your financial goals and help you reach a secure situation. For example, you could take out a single fixed rate loan with a lower interest rate to pay off debt with higher interest rates. The last thing you want to do is continue to borrow and get stuck in insurmountable debt.

How to apply for a personal loan with a low credit score

  • Complete an application with the requested information. Most lenders have applications you can submit online in minutes. It’s a great way to check if you’re prequalified without hurting your credit score.
  • Choose a lender that offers same-day or next-day financing if you need fast financing.
  • Examine the lender to make sure it has a good reputation with both government sources, such as the Consumer Complaint Database of the Consumer Financial Protection Bureau.
  • Check loan offers on favorable terms to see if the lender’s offer matches your needs and situation.
  • Then agree to the terms and submit any documentation required by the lender.
  • Once the approval process is complete, you can create an online account to receive the funding once it is processed.

Middle East & Africa Buy Now Pay Later (BNPL) Services Markets, 2022-2027: A Moderately Fragmented Market with Major Players – Payflex, Tamara and Postpay – Thu, 25 Aug 2022 10:50:00 +0000

DUBLIN–(BUSINESS WIRE)–The “Buy Now Pay Later Services Market in the Middle East and Africa – Growth, Trends, Impact of COVID-19 and Forecast (2022-2027)” report has been added to from offer.

The Buy Now Pay Later (BNPL) payments industry in Africa and the Middle East has grown rapidly over the past four quarters, helped by the growing penetration of e-commerce and the impact of the epidemic-induced economic slowdown. of Covid-19.

Buy Now, Pay Later (BNPL) services have grown in popularity among e-commerce businesses and their customers over the past few years. The repercussions of Covid-19 triggered these phenomena, and it looks like the Buy Now Pay Later (BNPL) platform industry will continue to thrive even after the outbreak. The reasons are simple: BNPL is a convenient and less expensive option to get fast loans for online purchases.

The COVID-19 outbreak has increased the use of BNPL platforms in the MEA area as remote working and social distancing has enabled BNPL service providers to build a large customer base. The pandemic has increased the attractiveness of the BNPL since it offers more flexible financing alternatives and low interest rates, especially in the Middle East.

Therefore, customers who encountered financial difficulties during the pandemics can still shop online. BNPL providers, on the other hand, can derive significant revenue from an increasing number of customers who pay low or no interest rates and from merchants who are compensated for using the BNPL payment method to attract more of buyers.

The Middle East and Africa market has already witnessed phenomenal growth, but due to the unexpected outbreak of COVID-19, the market will see more growth in 2022. There are several reasons for the sudden interest for BNPL, but they are clearly linked to the rapid development of e-commerce.

In addition, the increasing adoption of mobile banking solutions by users and the growing awareness of BNPL as a payment alternative have paved the way for an expanded offering in the MEA region. Finally, the COVID-19 outbreak has created a “perfect storm,” moving more businesses online, improving consumer confidence in online shopping, and increasing the need for personal cash flow management, less for some customers.

Main market trends

E-commerce growth in the Middle East and Africa is accelerating

People were concerned about shopping online and entering financial information on third-party websites before COVID. In the Middle East, cash on delivery (COD) helped solve this problem, but it also introduced new barriers to expansion. BNPL contributes to the solution. It allows shoppers to “test before you buy” and relieves retailers of the collection burden.

BNPL companies like Tamara have done a great job of building trust and reassuring buyers of BNPL’s security. There is said to be an almost 10% to 30% increase in conversion and a 30% to 85% increase in average order value in the Middle East and Africa.

Growing Gen Z population in the region will increase demand for BNPL services

Additionally, half of MEA’s citizens are under the age of 30 – the largest youth population in the world. Young people in the Middle East and Africa face affordability, especially if paid monthly. BNPL has succeeded by allowing millennials and Gen Zers to buy low-cost everyday goods like clothes and food while they wait for their paycheck.

BNPL offers consumers a short-term credit alternative that does not require them to build up balances or undergo credit checks. The amount of the transaction is simultaneously limited. People are migrating from credit cards to BNPL in droves. It is not a credit service that consumers must apply for; rather, it is a commodity offered on demand.

Competitive landscape

The buy now pay later market in the Middle East and Africa is moderately fragmented, with some major players like Payflex, Tamara and Postpay operating in the market.

Major market players are spending heavily on R&D to improve the technological features of buy now pay later systems. Several strategic endeavors have been explored by industry players, including the provision of various product lines, joint ventures, mergers, acquisitions, and partnerships.

These strategies help companies and industry participants establish a greater presence in the MEA region. Buy now, pay later.

Main topics covered:





4.1 Market Overview

4.2 Market Drivers

4.3 Market Constraints

4.4 Overview of Major Forces Shaping the Market

4.5 Overview of Buy Now Pay Later Market Trends and Consumer Preferences

4.6 Porter’s Five Forces Analysis

4.7 Overview of Government Regulations in the Market

4.8 Impact of COVID-19 on the market


5.1 Per channel

5.1.1 Online

5.1.2 POS

5.2 By business size

5.2.1 Large companies

5.2.2 Small and medium enterprises

5.3 By end user

5.3.1 Consumer electronics

5.3.2 Fashion and clothing

5.3.3 Healthcare

5.3.4 Leisure and Entertainment

5.3.5 Retail

5.3.6 Others


6.1 Overview of Market Competition

6.2 Company Profiles

6.2.1 Payflex

6.2.2 Tamara

6.2.3 Spotti

6.2.4 Tigray

6.2.5 Post-payment

6.2.6 Shahri

6.2.7 Later Lipa

6.2.8 Symp

6.2.9 Chari

6.2.10 Thanks UCash


For more information on this report, visit

]]> Emirates Cricket Board chairman unveils Abu Dhabi Asian Cup trophy and more Sat, 20 Aug 2022 14:35:43 +0000

The tournament is set to start on August 27 in the United Arab Emirates.

2022 Asian Cup Trophy (Photo Source: Sri Lanka Cricket)

The 2022 Asian Cup is the 15th edition of the competition, which is due to start on August 27 in the United Arab Emirates (United Arab Emirates). The trophy was unveiled in Abu Dhabi on Saturday August 19 by Sheikh Nahayan Mabarak Al Nahayan, Minister for Tolerance and Coexistence and Chairman of the Emirates Cricket Board.

Others present at the trophy unveiling ceremony included Shammi Silva, Sri Lanka Cricket President Mubashshir Usmani, Emirates Cricket Board General Secretary Subhan Ahmed, Emirates Cricket Board Advisor Prabhakaran Thanraj, Asia Cricket Council Head of Events and Commerce, and Thusith Perera, Chief Financial and Operations Officer of the Asian Cricket Council.

The tournament was previously scheduled to take place in Sri Lanka. It was then moved to the Middle East due to the economic crisis in Sri Lanka. It will take place at two venues: Dubai International Cricket Stadium, which will host nine matches including the final, and Sharjah Cricket Stadium, which will host four matches.

The United Arab Emirates also hosted the previous edition in 2018 as well as the T20 World Cup last year. And India will participate in the 2022 Asian Cup as defending champions. India also won the contest in 2016 and seven times in total. Sri Lanka has won the title five times and Pakistan has won it twice.

There will be six teams split into two groups at the 2022 Asian Cup. India, Pakistan and the qualifier (yet to be determined) are in Group A, and Afghanistan, Bangladesh and Sri Lanka are in Group B. The qualifying rounds will take place before the start of the tournament in Oman, and the The final will take place on September 11.

Here are the squads for each team in the Asian Cup 2022:

India: Rohit Sharma (c), KL Rahul, Virat Kohli, Suryakumar Yadav, Rishabh Pant, Deepak Hooda, Dinesh Karthik, Hardik Pandya, Ravindra Jadeja, Ravichandran Ashwin, Yuzvendra Chahal, Ravi Bishnoi, Bhuvneshwar Kumar, Arshdeep Singh, Avesh Khan

Pakistan: Babar Azam (c), Mohammad Rizwan, Shadab Khan, Asif Ali, Fakhar Zaman, Haider Ali, Iftikhar Ahmed, Khushdil Shah, Mohammad Nawaz, Mohammad Wasim Jr, Naseem Shah, Shaheen Shah Afridi, Shahnawaz Dahani, Usman Qadir, Haris Rauf

Afghanistan: Mohammad Nabi (c), Najibullah Zadran, Afsar Zazai, Azmatullah Omarzai, Farid Ahmad Malik, Fazalhaq Farooqi, Hazratullah Zazai, Ibrahim Zadran, Karim Janat, Mujeeb ur Rahman, Samiullah Shinwari, Najibullah Zadran, Naveen ul Haq, Noor Ahmad, Rahmanullah Gurbaz , Rashid Khan, Hashmatullah Shahidi

Bangladesh: Shakib Al Hasan (c), Nurul Hasan Sohan, Anamul Haque, Mushfiqur Rahim, Afif Hossain, Mosaddek Hossain, Mahmudullah, Mahedi Hasan, Mohammad Saifuddin, Hasan Mahmud, Mustafizur Rahman, Nasum Ahmed, Sabbir Rahman, Mehidy Hasan Miraz, Ebadot Hossain, Parvez Hossain Emon, Taskin Ahmed

Sri Lanka: Dasun Shanaka (c), Pathum Nissanka, Dhanushaka Gunathilaka, Kusal Mendis, Charith Asalanka, Bhanuka Rajapaksha, Ashen Bandara, Dhananjaya de Silva, Wanidu Hasaranga, Mahesh Theekshana, Jeffery Vandersay, Kasun Rajitha, Praveen Jayawickrema, Dushmantha Chameera, Binura Fernando, Chamika Karunaratne, Matheesha Pathirana, Dinesh Chandimal, Nuwanindu Fernando, Dilshan Madushanka

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How social impact start-ups are solving Covid-19 challenges in Brazil Tue, 16 Aug 2022 10:15:10 +0000 Professor Monteiro’s case study, “Digital transformation in Latin America: leap forward and social impact”presents several examples of how digital transformation has enabled disruptive educational technologies (edtech), financial technologies and health technologies to solve socio-environmental problems in Latin America.


By integrating technology to expand audiences and improve quality, online education bypasses the traditional classroom methods used in the developed world. Edtech offers solutions to the region’s education challenges and is also gaining global recognition. It has the potential to reach people in remote areas without resources like schools and teachers at all stages of education.

An example is Agenda Edu. A social impact company, the cross-platform communication and engagement management works as a nexus uniting schools, students and tutors. The start-up is one of Top 100 most innovative edtechs in Latin America.

During the pandemic, Agenda Edu has helped Brazilian schools and educators maintain the link with students and families to ensure the continuity of the educational journey. Google searches for the startup increased by 266% over the period. The start-up co-founded the “digital education movement“, offering free solutions to public and private schools. He has also organized online events to help educators and families adapt to the new reality. He promotes the use of technology in education as a means to reduce social exclusion.In the post-pandemic scenario, there is a need to rethink the orientation of education.


Fintech, in this case, is a facilitator of financial inclusion and a tool in the fight against poverty. Because the informal sector uses cash in daily transactions, it is a vector of contamination in times of pandemic. Those with limited access to financial services – the underbanked – depend on cash or checks, which makes them vulnerable to theft and fraud. For example, banks charge high fees for cash deposits, check cashing, money orders, and wire transfers. Fintech, on the other hand, offers the underbanked a ticket to financial inclusion and access to financial tools and services at a reasonable cost.

One of the fintechs created to alleviate poverty is a Brazil-based peer-to-peer lender IOUU. Its mission is to revolutionize and reinvent the credit industry by connecting small businesses to investors. Nano-entrepreneurs, micro-entrepreneurs and SMEs need the fast, low-interest loans available on the platform. Loan interest rates are up to eight times lower than traditional banks. Investors benefit from a return above that of the established market.

Faced with the challenges of Covid-19, IOUU has launched a new campaign, offering more favorable conditions to small entrepreneurs looking for financing. The platform has also enabled small businesses to enter into transactions with their customers, thereby strengthening local consumption and industry.


Health has always been one of the most important challenges in Brazil. eHealth start-ups contribute to the creation of sustainable health systems. Faced with the shortcomings of traditional health care in terms of access and quality, especially for the most disadvantaged, the social impact start-up Dr Consulta was launched in 2011.

Originally, the platform offered high-quality primary health services through a network of medical centers in working-class neighborhoods. He switched to telemedicine in the pandemic.

The Need for Social Impact Businesses

The Brazilian public sector provided support during the crisis. He strengthened the Bolsa Familia (a social protection network capable of reaching the poorest), relaxed labor laws to maintain jobs and provided emergency assistance to informal workers and SMEs. But social impact start-ups, with their agility, are essential to deal with the effects of Covid-19 on vulnerable populations. Their post-pandemic role certainly remains fundamental in terms of recovery, the resumption of economic activity and the creation of new paths.

Brazil’s growing trend of investing in impact businesses has been $131 million between 2016 and 2017. However, entrepreneurs still struggle to secure funds and resources. The pandemic is a wake-up call that gives us the opportunity to think about what kind of business we want. It is up to us to heed the warning of UN Secretary General António Guterres“We can return to the world as it was before or decisively deal with the issues that make us all unnecessarily vulnerable to crisis.”

Fabien-Salum is Professor of Strategy and Innovation Management at Fundação Dom Cabral. He is also the coordinator of the Strategic Reference Center sponsored by Grant Thornton Brazil.

Karina Coleta is visiting professor and associate researcher at the Fundação Dom Cabral.

Philip Monteiro is Senior Affiliate Professor of Strategy at INSEAD. He is also Academic Director of the Global Talent Competitiveness Index. He is the program director of INSEAD partner program with the Fundação Dom Cabral, Advanced Management Program (PGA).

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EarlySalary in talks to raise $100 million in funding from TPG, Norwest Sat, 13 Aug 2022 17:03:33 +0000

Funding Alert

  • ByStartup Story | August 13, 2022

Indian digital lending fintech SalaryBefore is in talks to raise $110 million in a funding round led by private equity firm TPG. They said the official announcement of the investment is expected in the coming days.

New Reserve Bank of India (RBI) guidelines on digital lending, which re-emphasize regulated businesses and give an edge to fintechs with an active NBFC (non-bank financial company) license, coincide with the latest collection of funds for Pune-based company EarlySalary.

The proposed deal “will value EarlySalary at approximately $300 million post-investment,”

Following the banking regulator’s announcement earlier this week on August 12, due to the RBI’s preference for regulated entities, fintechs would be forced to strengthen their NBFCs and work to better capitalize them in order to participate and compete. exercise more control over the risk-taking process.

EarlySalary Funding

In addition, the regulated body is required to collect all fees due to a lending service provider directly from the borrower. This demonstrated that the RBI is interested in regulated organizations that can control these loan disbursements. According to a person familiar with how the business works, “EarlySalary was able to capitalize well on their NBFC. The new round will help raise more money for them.

About EarlySalary

The Pune-based startup was founded in 2015 by Ashish Goyal and Akshay Mehrotra, EarlySalary is a one-stop solution for all your instant cash needs. India’s first payday advance application enables employees to receive direct and fast loans from the company of up to Rs 5 lakh, which are deposited into the borrower’s bank account. These loans often have terms of three to 24 months.

Track Boot History

Are these the soon-horns of Italy? | Thames Thu, 04 Aug 2022 13:00:43 +0000

After a slow start compared to its European peers, Italian technology has started to catch up.

In 2021, there was a notable increase in venture capital investment in startups across the country: it reached an all-time high of $1.4 billion, more than double the previous year, according to Dealroom.

For context, it’s still less than 10% of the money that went to France or Germany. But just over halfway through 2022, Italy has already racked up $1 billion in investments.

International investors told Sifted they visited Milan in search of the country’s hottest startups, and the economic capital will also host the Tech Chill conference for the first time in September.

The surest sign of all? Italy finally cashed in her first unicorn company since the dotcom boom when to buy now, pay later fintech Scalapay reached a valuation of $1 billion in February. Today, a growing club of fast-growing startups is attracting the attention of international investors and approaching ten-figure price tags.

We used data from the intelligence team of Sifted and Dealroom to compile a list of Italian startups that could be the country’s next stars. Each company was founded in 2010 or later, raised its most recent funding rounds since the start of 2020, and has a valuation of 100 million euros or more.

So who are the rising Italian tech startups? And who could be next to hit a $1 billion valuation?


Giorgio Tinacci, CEO and founder of Casavo

What: A proptech that buys properties and renovates them to resell them for a profit
HQ: Milano
Funding to date: $241 million
Last assessment: $500 million (soft estimate based on founder’s interview)

Founded in 2018, Casavo has experienced accelerated growth over the past two years. It has gained popularity in southern Europe – particularly Italy and Spain – where there are large pools of properties that haven’t changed hands for years and often require renovation.

That’s Casavo’s main goal: it operates on a rather unusual model that sees it offering free appraisals to owners looking to sell, using its technology to generate an offer within two days, then buying it and by renovating it to sell it for a profit.

The company tripled its user base in 2021 and expects “triple-digit growth” in 2022. So far, it has sold around 3,200 properties and executed €1 billion in transactions.

This raised a Series D of €400 million round of financing, consisting of 100 million euros in equity and 300 million euros in debt, last month to extend to all of Europe, starting with France. Hold on tight for a looming valuation boost that could see its valuation edge edge closer to $1bn – CEO Giorgio Tinacci told Sifted the round is so oversubscribed he is already looking at an extension within months coming. This is no small feat in the fundraising environment of 2022.


An image of a moped and delivery man from Italian grocery delivery startup Everli

What: Start of grocery delivery
HQ: Milano
Funding to date: $149 million
Last assessment: $469 million (dealing room estimate)

A slightly older member of this list, Everli online grocery platform was founded in 2014 – but the pandemic was an inflection point for the startup’s growth.

CEO Federico Sargenti previously told Sifted: “The pandemic has been a real tsunami. The number of requests was doubling every day and we had to move at phenomenal speed across a whole host of borders, from technology to logistics. »

Everli allows users to place direct-to-home delivery orders at supermarkets like Carrefour, Lidl and Conad in 135 cities in Italy, France, Poland and the Czech Republic, through a network of independent “personal shoppers”. It was called “one to watch” by investors in the pages of Sifted a twiceand recently announced a €22 million extension to its Series C funding round from Italian VC United Ventures.

He will use this new money to accelerate his plans for international expansion, with Germany and Romania on the cards first.


George Ottathycal, CEO of Prima
George Ottathycal, CEO of Prima

What: An insurance intermediary selling car insurance online
HQ: Milano
Funding to date: $110 million
Last assessment: $330 million (business room estimate)

Prima has built its own technology stack and data analytics tools so it can digitally underwrite consumer car insurance. She sold her first policy in 2015 and has since gained 2.2 million customers.

It also increased rapidly. Its main market is Italy, but it has also expanded into Europe and has offices in the UK and Spain. According to data from LinkedIn, its employee headcount at these sites stands at 698, after growing 57% last year.

Prima did all of this without raising funds for four years. His last venture capital boost came in 2018 when he raised €100 million from Goldman Sachs and Blackstone. Another relaunch could therefore soon be considered…


The co-founders of Satispay, Alberto Dalmasso, Samuele Pinta and Dario Brignone
The co-founders of Satispay, Alberto Dalmasso, Samuele Pinta and Dario Brignone

What: Mobile payments for individuals and businesses
HQ: Milano
Funding to date: $171 million
Last assessment: $248 million (at November 2020)

Another relatively old member of this list, Satispay was founded in 2013 and launched its payment systems in 2015. It has become Italy’s largest mobile payments provider, used by over 160,000 merchants, including Esselunga, Carrefour, Boggi, Eataly and Benetton. Its headquarters are in Milan and it has expanded across Europe with offices in Luxembourg and Berlin so far.

Rather than using debit and credit card networks, Satispay is a bank account-enabled platform that offers in-store and online payments as well as peer-to-peer payments, savings and, thanks to a recent partnership with Italian rising star Young Platform, cryptocurrency trading.

Its last fundraising dates back to November 2020: a €93m Series C round that included participation from Jack Dorsey’s payments company Block (at the time called Square) as well as Chinese company Tencent Holdings. In other words, that was a while ago – we’ll have our eyes peeled for an increase in the near future.


Federico Sforza and Roberto Nicastro, co-founders of Aidexa
Federico Sforza and Roberto Nicastro, co-founders of Aidexa

What: challenger bank
HQ: Milano
Funding to date: $49.5 million
Last assessment: $198–297 million (dealing room estimates)

Banca Aidexa is an Italian neobank, founded in 2020, which focuses on individual traders and businesses up to €5 million – the backbone of the Italian economy. It has a full ECB banking license and was founded by finance heavyweights Roberto Nicastro (also a senior adviser to Cerberus Capital) and Federico Sforza (previously an executive at Nexi and ING). It also has a rare co-founderCOO Elena Adorno.

Aidexa provides rapid loans to SMEs within 48 hours using open banking. Founded during the pandemic when many SMEs were forced to close, it distributed more than 80 million euros in loans in 2021 and collected 60 million euros in deposits, according to his latest results. It now has more than 2,000 Italian SMEs in its loan portfolio and plans to double its workforce from 50 to 100 by the end of 2022.


An image of a Cortilla delivery driver carrying a box full of fruit

What: Shopping delivery
HQ: Torino
Funding to date: $77.5 million
Last assessment: $187 million (business room estimates)

Cortilia offers home grocery deliveries, but with an emphasis on local and eco-friendly suppliers. It previously operated in the northern Italian regions of Lombardy, Emilia-Romagna, Piedmont, Veneto and Liguria, but plans to expand further south to Rome using a new extension series C of 20 million euros.

It raised the funds in June from Five Seasons Ventures, Red Circle Investments, Indaco Venture Partners and Primo Ventures.

CEO Marco Porcaro previously told Sifted that the company’s business has boomed during the pandemic, in part due to the benefits it has brought to struggling businesses and quarantined consumers.

Cortilia has built its own AI-based algorithm that matches deliveries to user preferences and delivery times, which helps prevent food waste and also helps sellers selling on the platform to better track supplies. .

More than 250 small and medium producers sell their food on Cortilia, and the company has 70 employees.


Michele Grazioli, co-founder and president of Vedrai

What: AI-powered business forecasts
HQ: Milano
Funding to date: $49.5 million
Last assessment: $176–264 million (dealing room estimates)

Vedrai has developed AI-powered software that provides business forecasts to SMBs by analyzing millions of market variables alongside their business data – a useful tool for CFOs right now.

Founded in 2020, Vedrai raised €40 million in its second round of funding in April from Italian asset manager Azimut, which it plans to use to develop its technology and expand further in Europe.

Vedrai currently has just over 80 employees, nearly half of whom were hired within the past six months, according to LinkedIn data.

Amy O’Brien is Sifted’s fintech reporter. She tweets from @Amy_EOBrien and writes our fintech newsletter You can register here.

Sukuma Business ne dfcu’ SME New Offer Mon, 01 Aug 2022 07:00:00 +0000

28e July 2022. Micro, small and medium enterprises (SMEs) in Uganda stand to benefit as dfcu Bank launches a brand new offer aimed at giving them the possibility of taking advantage of banking services while operating an account that meets their business needs at their convenience.

Named ‘Sukuma Business ne dfcu‘ calls on SMEs in all regions – Central, Metro, East, West and North of Uganda – to open personal and corporate current accounts and enjoy immense benefits such as no fees on deposits UGX, dedicated investment bankers, reduced fees on monthly installments and transfer fees, access to fast and easy-to-use loans (TODs) as well as 24/7 access to their business accounts via smart distributors, Quick Banking and Agent Banking.

According to Ronald Kasasa, Head of Corporate Banking, dfcu Bank has been at the forefront of business transformation in Uganda by providing affordable and flexible financing solutions.

“Whether you are running a business in Uganda as an individual or a company, we have designed a very affordable product for the common man; offering convenient banking services while enhancing your business experience. Currently, 9 million entrepreneurs run the SME segment across Uganda; dfcu is committed to ensuring that we give them the opportunity to strive and succeed. ‘Sukuma Business do dfcu‘ is that opportunity,” he said.

According to the Uganda Investment Authority, SMEs are Uganda’s growth engine, spread across all sectors with 49% in the service sector, 33% in commerce and 10% in manufacturing.

They remain the main drivers for promoting innovation, wealth creation and job creation in Uganda and yet they continue to face challenges including poor access to capital.

Thanks to the ‘Sukuma Business ne dfcu‘, customers with personal or corporate checking accounts will be able to make fast payments and transfers and maintain an audit trail for quick credit facility assessments.

The dfcu The personal current account is an excellent choice for a customer whose transactions are generally of the professional type.

It is designed to help them get the most out of their money by ensuring it is readily available when they need it and is available in multiple currencies with an opening deposit of 50,000 UGX, 100 USD, 100 GBP or 100 EUR.

The dfcu The Business Current Account offers specific advantages to medium and large entities that want to grow their business while enjoying access to financial solutions that meet specific business needs.

It is available in UGX and USD currencies and requires an opening deposit of just 100,000 UGX or 100 USD.

Both accounts have no minimum amount and no account management fees.

To open an account and participate in ‘Sukuma Business ne dfcucustomers just have to go to their dfcu bank branch or contact their account manager.

Mumbai Cyber ​​Police Arrest 14 in Quick Online Mortgage Racket | Mumbai Information – India Instances Fri, 29 Jul 2022 10:13:10 +0000

Police said the defendants were arrested in Bengaluru, Andhra Pradesh, Gurgaon, Mumbai and Uttarakhand.

MUMBAI: Mumbai cyber police have arrested 14 people who were part of a racket involved in harassing people through mobile phones providing quick loans, an official said on Friday.
Cyber ​​police froze 350 financial institution accounts, including Rs 14 crore, and crypto forex price $2.17 lakh, Co-Commissioner (Crime) Suhas Warke said.
The fraud and harassment escalated when a grievance was filed in May last year and following an investigation the arrests were made in the past two weeks, the official said.
While used for quick loans for mobile phone purposes, all personal information of the applicants would go to the company of the accused persons, which they then used to harass people who did not repay the loans, a- he declared.
The defendant allegedly processed obscene images of the victims who failed to repay the loans or failed to pay the interest charges and distributed them to family and friends, the official said.
The defendants were arrested in Bengaluru (Karnataka), Andhra Pradesh, Gurgaon, Mumbai and Uttarakhand, he said, adding that further investigation is underway.


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