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Ghanaian Fintech Fido Closes $30 Million in Series B Funding Round
Fido is exploring mobile technology and different data sources to provide quick micro-loans to individuals and SMEs who can’t access traditional bank credits.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard Selects India for the Global Launch of Its Payment Passkey Service, Accelerating Secure Online Checkout for Millions of Shoppers
Payment passkeys speed up transactions using biometrics, enhancing security and convenience for consumers and businesses.
- Categories
- Finance
- Region
- Asia Pacific
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Africa’s Debt Crisis Has ‘Catastrophic Implications’ for the World
Crushing obligations to foreign creditors that have few precedents have sapped numerous African nations of growth and stoked social instability.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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ANDE, IKEA Foundation Award Grants to Boost Waste and Circular Economy Investment in Kenya and India
Six entrepreneur support organizations in Kenya and India will receive funding from a new Investment Innovation Fund to catalyze investment in waste and circular economy businesses.
- Categories
- Agriculture, Education, Energy, Environment, Finance, Health Care, Impact Assessment, Investing, Social Enterprise, Technology, Telecommunications, Transportation, WASH
- Region
- Global
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Stripe to Soon Allow US Retailers to Sell Directly to Nigerians
Stripe is the biggest private fintech currently valued at $70 billion, according to its latest internal valuation, known as a 409a.
- Categories
- Finance, Technology
- Region
- Global
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Waza Secures $8 Million for B2B Payments Innovation in Emerging Markets
Waza, a B2B emerging markets payment platform, has successfully closed an $8 million funding round comprising both equity and debt.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard Collaborates With Fintech Start-Up, Scale
The partnership looks to accelerate the growth of digital payment solutions in Africa and the Middle East.
- Categories
- Finance, Technology
- Region
- Global
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Press Release: DFC Announces $42 Million Guaranty to the Dominican Republic’s Banreservas, Plans to Open New Regional Office in Santo Domingo in October
The new loan portfolio guaranty to the Dominican Republic’s largest bank will increase small business lending with a particular focus on underrepresented entrepreneurs.
- Categories
- Finance
- Region
- Latin America