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Financepeer Bags $31 Million in Funding From QED, Aavishkaar Capital
The company had raised $3 million in 2020 from MS Fincap, Danube, Aar Em Ventures, Angelbay Holdings, JITO Angel Network, and HEM Angels.
- Region
- Asia Pacific
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Press Release: Fintech Kinara Capital Secures USD $50 Million in Equity, Led by Nuveen
Fresh Equity Round comes from Nuveen’s Global Impact Fund and Triple Jump’s ASN Microkredietfonds
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, fintech, MSMEs
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African Development Bank Earmarks €10 Million Equity Investment to Drive Africa Tech Startups
The investment will help Cathay-AfricInvest Innovation Fund meet its target of securing €110m to invest in over 20 early-stage ventures across sub-Saharan Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Bank Lowers Growth Outlook, Eyes $170 Billion Emergency Funding
Problems pushed the World Bank to target a new emergency financing window of $170 billion for the world’s lowest-income nations.
- Categories
- Coronavirus, Finance
- Region
- Global
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Protecting Clients in a Crisis: Five Lessons BRAC Learned While Re-Engineering its Microlending Strategy During COVID-19
COVID-19 has had a harsh impact on small businesses and the people who depend on them – and this impact has also affected their lending institutions. As Sahed Shams Azad at BRAC Microfinance explains, pandemic-related business closures have prevented many borrowers from making repayments, disrupting their lives – and BRAC Microfinance's nearly billion-dollar monthly lending cycle. He explores the dramatic adjustments the organization has made to its operations in response to this crisis, and how it has protected its clients' best interests throughout the process.
- Categories
- Coronavirus, Finance
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BGFA Finances $2.5 Million for the Distribution of Oolu’s Solar Kits
The solar home systems provider will use the funds to expand its operations in rural areas of Burkina Faso.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Ualá Founder Raises US $30 Million for Latin American Venture Capital Fund
Founder of Argentine fintech Ualá, Pierpaolo Barbieri, launches venture capital firm with US$30 million from a roster of investors.
- Region
- Latin America
- Tags
- fintech, startups, venture capital
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IMF Approves $45 Billion Fund to Support Economic Resilience in Poor and Middle-Income Countries
The Resilience and Sustainability Trust will 'amplify the impact' of the $650 billion special drawing rights allocation implemented last August.
- Categories
- Finance
- Region
- Global