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Dispute Between Nigerian Banks and Telcos Over $260 Million USSD Debt Threatens Financial Inclusion
The clash between Nigeria’s banks and telcos over accumulated debts for USSD services risks disrupting essential mobile money services for millions of Nigerians.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Trébol Secures $3 Million to Help Banks and Lenders in Latin America Automate the Verification Process for Businesses
The funding will help modernize how companies in Latin America are onboarded.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: QED Investors Closes Nearly $1 Billion in New Funds
Fund VIII will Invest in Early Stage Businesses; Growth II for Later-Stage Fintechs.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- fintech, lending, remittances, scale, startups
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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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Press Release: Latin American Fintech Kiwi Raises $80 Million to Provide Underbanked Consumers with Credit Access in the U.S.
Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, announced that it has closed a credit facility and funding round.
- Categories
- Finance, Technology
- Region
- Latin America
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African B2B E-Commerce Startup Sabi Tops $300 Million Valuation in New Funding
Sabi is providing digital commerce infrastructure to Africa’s informal economy.
- Categories
- Finance, Technology
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Asian Development Bank Investing $25 Million in Private Equity Fund to Grow Middle-Market Companies in Southeast Asia
The multilateral lender signed a $25 million equity investment in the private equity fund managed by Singapore-headquartered investment firm Exacta.
- Categories
- Education, Finance, Health Care, Investing
- Region
- South Asia