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Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance
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Analysis: Can Africa’s Remittances Be Put to Long-Term Work?
How can African governments harness remittances to support infrastructural development and other long-term projects?
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyan Fintech Power Lands $3 Million Seed Funding
Power allows workers to take control of their financial health by making a holistic set of financial services available to employees.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial health, fintech
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Tazapay, a Leading Fintech Company, has Raised USD $16.9 Million in Its Series A Funding Round
Cross-border payments startup Tazapay has raised $16.9 million in a funding round led by Sequoia Capital Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- e-commerce, edtech, fintech
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Oikocredit Invests $5 Million in Yellow to Support Growth of Solar Home Systems in Africa
funding will enable Yellow to strengthen its operations in four countries in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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QUASH.ai Receives $3.7 Million Investment to Expand Reach in Latin America
The new capital will enable QUASH to expand its reach and provide its services to over 1,000 financial institutions in the next three years.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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Nigerian Clean Tech Startup, SunFi, Raises $2.325 Million in Seed Funding
SunFi is an energy financial technology platform that connects people who want solar to payment plans that match their needs.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, solar, startups
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Partech Africa II Reaches First Close at Whopping $262 Million
The fund will provide $1 million to $15 million initial tickets from seed to growth to support entrepreneurs who use a combination of technology and operations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa