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Can Mobile Payments Improve Healthcare Access in Africa?

PYMNTS

Recent news indicates the path of mobile development there: Kenya’s Safaricom has launched a new Bonga platform , a product designed to combine payments, messaging and online social activities. Tax Hurdle? The country’s finance minister recently proposed a tax increase that would fund “ free healthcare for all.”.

Mobile 105
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Voters Want Big Tech Regulation On The Hill, Says Study

PYMNTS

As reported, the data sharing agreements are now part of the ongoing investigation by the Federal Trade Commission (FTC) into whether Facebook violated the terms of a 2011 consent agreement. The passwords had been stored on the social media giant’s servers in plain text — thus, accessible to employees. Taxes And Other Matters.

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Zopa Partners with Equifax, Boosting its Risk Profiling Capabilities

Fintech Labs Insights

” For all the innovative methods for risk profiling – from Big Data to Social Media – the information available from credit reference agencies like Equifax remains as critical for online lenders as it is for offline lenders. A few metrics from Zopa: Over £1 billion lent to U.K. More than 50,000 active lenders.

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11 Lessons From Startup Chapter 11s

CB Insights

Declared Bankruptcy: 2011. By December 2011, it was under $30/kg. By September 2011, Solyndra’s business model had fallen apart. — Ben Kaufman, founder, Quirky. Founded: 2011. The lawsuit hinged on Julep’s promotional free Welcome Box of Julep products, available for just the cost of taxes and shipping.

Apple 78
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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

Zynga, creator of Facebook games Farmville, Mafia Wars, and about a dozen different types of online slot machine games, paid $210M in 2012 for OMGPOP, creators of DrawSomething!, Date: October 2011. Date: August 15, 2011. Zynga and OMGPOP. Date: March 21, 2012. Price: $210M. a viral gaming hit for iOS and Android.

Google 76
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When Corporate Innovation Goes Bad — The 116 Biggest Product Failures Of All Time

CB Insights

BlackBerry PlayBook, BlackBerry (2011). Google+, Google (2011). Google+ isn’t the only social outing on this list from the search giant, but it’s probably the highest-profile disappointment. PS Vita, Sony (2011). Amazon Local, Amazon (2011). Facebook Deals, Facebook (2011). Touchpad, HP (2011).

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From Alibaba to Zynga: 21 Of The Best VC Bets Of All Time And What We Can Learn From Them

CB Insights

” WhatsApp and Sequoia Capital followed a different strategy: Sequoia was the sole investor in WhatsApp’s $8M Series A round in 2011, which valued the company at $78.4M. After an initial $8M investment in WhatsApp’s Series A in April 2011, Sequoia put in an additional $52M in July 2013. Acquisition. Amount invested.

Lending 78