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Seven Stages of SME Growth – One Common Problem: The Challenge of Financing Small Businesses Across Their Life Cycle
There’s an endless variety of small and medium-sized enterprises (SMEs) in the world, but these businesses often experience similar problems that arise at similar stages in their growth. Barbara Peitsch, an international economic development consultant at the William Davidson Institute, discusses these stages and their associated challenges, and explores how SMEs can access financing that's appropriate for their level of development.
- Categories
- Finance
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Press Release: Convergence Grantees Mobilize $550 Million Towards Blended Finance for Global Development
The Design Funding program awards grants to design blended finance solutions that attract private capital to global development at scale.
- Source
- Press Release
- Categories
- Finance
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Goldman Sachs, Others Invest $55 Million in London-Based Fintech Startup Jumo
The funding round introduced new investors to join existing investors such as Goldman Sachs, Odey Asset Management and Leapfrog Investments.
- Categories
- Finance
- Tags
- fintech, startups, venture capital
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MTN Adds Vodacom Tanzania to its Cross Border Money Remittance Service
The partnership sees MTN Uganda adding Vodacom Tanzania to the list of telecom partners with whom customers can do mobile money transactions in the East African region.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Vodacom Coining It With M-Pesa
Vodacom’s bet on Africa’s burgeoning fintech market through M-Pesa is paying off.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Innovating for Sustainable Data Collection: Generating ‘Gold Standard’ Survey Data – For 75% Less Cost
Traditional face-to-face surveys are regarded as the gold standard in financial inclusion. But sending surveyors out into excluded communities is expensive, and long surveys can result in cognitive fatigue and lower data quality. Grant Robertson at insight2impact (i2i) discusses a more sustainable approach i2i has developed, which uses a mixed-mode data collection strategy and statistical techniques to generate data of equivalent quality, for far less expense.
- Categories
- Finance
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Malawi Mobile Money Numbers Dive After Account Cull
In its national payments system report the Reserve Bank of Malawi said the number of mobile money accounts in the country fell to 6.2 million by the end of 2019.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Tech Startups Are Flooding Kenya With Apps Offering High-Interest Loans
Tala has made $1 billion in microloans to people in developing countries, all using its app. It says it can reach those who’ve been ignored by banks, because its software generates instant credit ratings from data scraped off prospective borrowers’ phones. The company is part of the financial-inclusion movement, a loose coalition of tech companies, banks, and nongovernmental organizations trying to lift people out of poverty by offering them new ways to gain access to loans and other financial services.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa