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Mastercard, Juvo Team up To Help Underbanked Build Credit in LATAM, Caribbean
Mastercard is teaming up with FinTech startup Juvo to help the “underbanked” in Latin America and the Caribbean to build credit histories so they can engage in a wider range of financial services.
- Region
- Latin America
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After Fintech, Jumia Is Betting on Spinning off Its Logistics Arm To Deliver Profits
When it first launched in Nigeria in 2012, Jumia quickly realized just how much work was needed to build a logistics service that could enable its e-commerce ambitions across the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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How Future Africa Invested $1 Million Across 9 African Startups in Q3 2020
Future Africa, a platform that provides capital, coaching, and community for African innovators, just announced that it invested a total of $1 million in nine African startups in the third quarter of this year.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, impact investing, startups
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Grab Leads Series B Round of up To $100 Million in Indonesian Fintech Linkaja
Indonesia’s fintech app LinkAja announced that it has raised up to US$100 million in a series B round led by Southeast Asian super app Grab.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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Analysis: Keeping an Eye on Fintech in the Philippines
According to the Bangko Sentral ng Pilipinas (BSP) Financial Inclusion Survey, only 29 percent of all adults were banked as of 2019. This means 51.2 million Filipinos remain unbanked.
- Categories
- Finance, Technology
- Region
- South Asia
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Viewpoint: Fintech in Africa: Reshaping the Financial Sector
Across many countries in Africa, fintech is improving financial inclusion and stimulating innovation and productivity in major sectors, such as the small and medium-sized enterprises (SME) sector and the agriculture sector, the backbone of the region's economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Angaza Raises $13.5 Million in Series B Financing
Fintech innovator receives funding as it crosses milestone of impacting 12 million lives globally.
- Categories
- Energy, Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Fintech Startup TeamApt Now Operates Nigeria’s Largest Non-Bank Mobile Money Platform
Moniepoint, the mobile money platform launched last year by Nigerian fintech startup TeamApt, has become the largest non-bank mobile money service in the country, processing 13 million transactions monthly.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa