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Press Release: Indonesian Lending Startup JULO Raises $10M Series A2
“Access to affordable personal loans on a short-term basis is often the difference between a family being able to pay for its daily needs like education, or not,” said Adrianus, co-founder and CEO of JULO. “At JULO, we use proprietary credit scoring technology to put money in the hands of people who need it to pay for education, home improvements, or working capital -- all at affordable rates.”
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Viewpoint: Can ‘Climate Finance’ Fund a Transition to a Low-Carbon Economy?
UN Climate Action Summit hopes to catalyse the private sector to lead global shift away from fossil fuels to renewables.
- Categories
- Environment, Finance
- Tags
- climate change
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Digital Lending Apps Are Coming Under Scrutiny in East Africa for Predatory Practices
The latest challenge comes from Google, which has updated its app store developer policies to curb predatory lending practices.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Financial Advisors Lag Behind Clients on Impact Investing
Financial advisors who don’t bring up impact investing options are “leaving opportunities on the table to better engage clients,” Gelfand says, particularly millennials.
- Tags
- impact investing
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Viewpoint: Libra Is an Opportunity to Leapfrog Chinese Fintech to Achieve Cashless Economy
Penetration into offshore markets could accomplish a long-coveted Communist Party goal — replacing the international prominence of the dollar with a yuan-based alternative. If widely adopted, Libra — whose backers include Visa, Mastercard and Paypal — could shut those doors forever.
- Categories
- Finance
- Tags
- cryptocurrency, fintech
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Press Release: BBVA and Pestana Hotel Group Issue the World’s First Green Bond in the Hotel Industry
BBVA and Pestana Hotel Group have reached a new milestone in the sustainable finance market, issuing the world’s first green bond in the hotel industry, according to the International Capital Markets Association’s (ICMA) Green Bond Principles.
- Region
- Europe & Eurasia
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Consortium Releases Technology-Enabled Sustainable Supply Chain Finance Model
The aim of the model is to drive more transparency in global supply chains and encourage sustainable production processes through supply chain finance.
- Categories
- Finance, Technology
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FairMoney Raises $11 Million in Series a Investment Round to Reshape Nigeria’s Mobile Banking and Institutionalise to Ghana, Kenya, and Egypt
FairMoney, a Paris-based fintech startup, is planning to institutionalise operations in Ghana, Kenya and Egypt.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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