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Electric Vehicle Financing Startup RevFin Raises $5 Million in Debt
Revfin last raised $10 million in a Series A funding round in October 2022 from Green Frontier Capital and LC Nueva Investment Partners.
- Categories
- Energy, Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, fintech, startups
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Press Release: Global Financial Inclusion Initiative Expands to Collect Over 1 Million Unique Data Points in 2023
Now in its second year, the 2023 Microfinance Index will survey 30,000+ microfinance clients in 30 countries focusing specifically on clients in Cambodia, India, Indonesia, Uganda, and Ecuador.
- Categories
- Finance, Impact Assessment
- Region
- Global
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Mexican Fintech Stori Secures $50 Million Debt Capital From Community Investment Management
Mexican fintech unicorn Stori has received $50 million in debt capital from Community Investment Management, its second debt facility to the start-up.
- Categories
- Finance, Technology
- Region
- Latin America
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A Report by Bill Gate’s Foundations Shows Nigeria’s Impressive Mobile Money Performance
The Bill & Belinda Gates Foundation helped the GSM Association (GSMA) put up the State of the Industry on Mobile Money Report 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: IFC and Interbank Partner to Boost Trade and Strengthen Trade Finance in Burundi
Interbank Burundi has joined IFC's Global Trade Finance Program (GTFP) to support the growth of trade finance, counter foreign exchange shortages and support regional trade.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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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