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Capital & Deals

The terms, control, reserves, incentives, networks, and follow-on behavior behind the funding announcement.

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A Nokia handset, Kenyan banknotes and M-Pesa agent signage in an archival photograph.
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Mobile wallets and instant transfers: what actually moves your money?

A wallet is an interface; a payment rail moves instructions; settlement is another step. Separating them makes comparisons between London, Lagos and Nairobi more useful.

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