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World’s First Mobility FinTech Moove Raises $105 Million in Series A2 Round to Scale Its Revenue-Based Financing Model Globally
Moove is democratizing vehicle ownership across Africa by providing mobility entrepreneurs access to revenue-based financing in markets with low access to credit.
- Categories
- Finance, Technology, Transportation
- Region
- Global
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Indonesia’s Wagely Nets Additional $8.3 Million in Oversubscribed Pre-Series A Funding
Wagely, an Indonesia-based earned wage access (EWA) platform, said Tuesday it has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, scale
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This African Neobank Just Raised $18.5 Million to Expand Financial Access for SMEs in Kenya, Uganda
4G Capital, a notable African neobank with headquarters in Mauritius, announced today that it has finalised a Series C funding round of $18.5 million.
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Financial Inclusion that Works for Women: The European Microfinance Award 2022
Lending to women clients has been at the center of microfinance since its modern inception. And as Joana Afonso, Gabriela Erice, Sam Mendelson and Daniel Rozas at the European Microfinance Platform point out, there has undoubtedly been progress in promoting women’s financial inclusion. But they argue that a myopic focus on outreach too often undermines the sector's understanding of the specific barriers women face. They discuss how the 2022 European Microfinance Award's focus on “Financial Inclusion that Works for Women" aims to encourage more effective gender strategies.
- Categories
- Finance
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Baobab+ Launches Pay-As-You-Go Solar in Nigeria
Baobab+, the leader in rural electrification in West Africa and Madagascar, has launched its Pay-As-You-Go solar power service in Nigeria.
- Region
- Sub-Saharan Africa
- Tags
- off-grid energy, solar
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Viewpoint: Russia’s Invasion of Ukraine: What Does It Mean for Africa?
The invasion has done profound damage to Russia’s relations with the West, which will be difficult to reverse as long as Putin and like-minded people around him are in power. Africa should brace itself for the challenging years ahead.
- Categories
- Agriculture, Energy, Environment, Finance, Health Care, Investing, Technology
- Region
- Europe & Eurasia
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Visa Partners With Fintech Tribal in Latin America to Expand Small Business Offerings
Visa Inc (V.N), the world's largest payment processor, will partner with payment and financing firm Tribal to expand its offerings for small and medium-sized businesses in Latin America and the Caribbean.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- blockchain, fintech
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Stax Gets $2.2M for Its App That Lets Africans Make Transactions via Automated USSD Codes
Stax, a startup that allows Africans to buy airtime, send and request money, and transfer funds between accounts via automated USSD codes, has raised a $2.2 million seed extension round.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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