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Mexican Fintech Kapital Receives $100 Million Investment and Expands to Colombia
The Mexican fintech Kapital has arrived in Colombia to facilitate access to credit for entrepreneurs and small and medium-sized businesses.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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Can Access to Smartphones Bridge the Digital Divide in Sub-Saharan Africa?
Research shows that mobile phones can be a useful tool in the fight against poverty, increasing both household income and consumption. But according to Amani M’Bale at the Bill & Melinda Gates Foundation and Graham A.N. Wright at MicroSave (MSC), to reach that potential, it’s important that these phones are able to bridge the digital divide, becoming accessible to, and used by, the underserved people they can benefit the most. They share several factors that can increase — or limit — the usage of smartphones and other mobile devices in sub-Saharan Africa.
- Categories
- Finance
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Press Release: Grameen Foundation Names Zubaida Bai President and CEO: Bai and New Board Members to Lead Grameen Foundation Into Its Second Quarter-Century
A compassionate leader, Bai has spent time in the poorest places in the world, co-creating products, and services.
- Categories
- Finance, Health Care, Technology
- Region
- Global
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NeoGrowth Raises $20 Million From US International Development Finance Corp
NeoGrowth said it has raised $20 million from the United States International Development Finance Corporation.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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EMGA Secures $20 Million Debt Finance for Costa Rica’s Banco Improsa
Emerging Markets Global Advisory LLP (EMGA) has secured US$20M to finance micro, small and medium-sized enterprises (MSMEs).
- Categories
- Finance
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The Benefits – And Downsides – of ‘Buy Now, Pay Later’: Is it Enhancing or Hindering Financial Inclusion?
Buy now, pay later (BNPL) schemes offer consumers immediate possession of goods, which they pay for over time via (usually interest-free) installments. According to Sarah Corley at the Alliance of Digital Finance Associations and Lotte Schou Zibell at the Asian Development Bank, BNPL can expand financial inclusion and access to consumer goods in emerging economies – but by offering easier access to credit, it also presents some pitfalls. They discuss the growth of BNPL, its benefits and risks, and some key practices that can maximize its positive impacts while avoiding potential downsides.
- Categories
- Finance, Technology
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Kuda Bank Acquires Over 4.6 Million Customers, Reveals Expansion Plans to UK, Ghana
“Credit remains important to us as a bank, but we are becoming more cautious in that product segment. We still give loans but not as before.”
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- banking, finance, financial services, loans, technology
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Analysis: How Corporate Social Responsibility Can Turbocharge Index Funds
One of the biggest trends to emerge in the stock market in the last 20 years is the concentration of assets held by institutional investors.
- Categories
- Finance
- Region
- Global
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