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Aspire Raises $158 Million Series B To Build a Full-Stack “Financial Operating System” for Southeast Asian Businesses
Aspire also operates in Indonesia and Vietnam and is laying the groundwork, including regulatory, to expand into other Southeast Asian markets,
- Categories
- Finance, Technology
- Region
- South Asia
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Mexico’s Kavak Drives Away With $700 Million in New Funding, Doubling Its Valuation to $8.7 Billion
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced it has raised a massive Series E round that more than doubles the company’s valuation.
- Categories
- Finance, Technology, Transportation
- Region
- Latin America
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Dopay Raises $18 Million Series A Round
Dopay, the innovative B2B2C payments platform serving 1.7bn unbanked workers in emerging markets, has closed a US$ 18 million Series A funding round.
- Categories
- Finance, Technology
- Region
- Global
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Analysis: How the Cloud Is Helping Drive Financial Inclusion in India
By using a secure cloud infrastructure, digital banking providers can look to reduce infrastructure complexity and improve their security posture. In the process, they will be able to free up in-house IT teams to use their talent for higher-value tasks.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Filling the Water Access Funding Gap: Three Lessons to Maximize the Impact of Innovative Finance
More than two billion people still live without access to safe drinking water, but global funding to meet their water needs is severely lacking. As Lauren Cuscuna of Safe Water Network explains, innovative financing mechanisms can help fill the gap – but blended finance transactions in the water sector are lower than in other industries. She shares three key lessons Safe Water Network has learned while implementing innovative financing approaches to meet the long-term needs of the local water enterprises it works with in Ghana and India.
- Categories
- Finance, Impact Assessment, Technology, WASH
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Sequoia Heritage, Stripe and Others Invest $200 Million in African Fintech Wave at $1.7 Billion Valuation
Wave, a U.S. and Senegal-based mobile money provider has received the largest Series A in Africa by a long shot, and is geared toward taking on telecom-led mobile money.
- Categories
- Finance, Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: Meeting the Crypto Regulatory Challenge
Cryptocurrency adoption has soared during the COVID-19 pandemic, as everyone from private investors and public companies to underbanked individuals realised the benefits of digital currencies.
- Categories
- Finance, Technology
- Region
- Global
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FV Bank Raises $8 Million Series A Funding
Headquartered in Puerto Rico, FV Bank will utilize the funding to launch a digital asset custody solution, a debit card along with international expansion.
- Categories
- Finance, Technology
- Region
- Latin America