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Analysis: Zimbabwe Cracks Down on Currency Dealers on Social Media and Mobile Money Platforms
With the government cracking down on mobile money, the country’s financial woes may just worsen.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Mexican Fintech Konfio Says Now Worth $1.3 Billion With New Capital
Konfio, which helps small businesses secure loans, said the funds will be used to broaden its reach in Latin America’s second-largest economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: The Precarious State of MSMEs: Understanding the Impact of COVID-19 and Opportunities To Support Their Recovery
In May 2020, The Center for Financial Inclusion (CFI), as part of our partnership with Mastercard’s Center for Inclusive Growth, launched a six-wave, longitudinal survey examining the impact of COVID-19 on MSMEs in four countries: Colombia, India, Indonesia, and Nigeria.
- Categories
- Coronavirus, Finance, Impact Assessment
- Tags
- financial inclusion, MSMEs
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Aspire Raises $158 Million Series B To Build a Full-Stack “Financial Operating System” for Southeast Asian Businesses
Aspire also operates in Indonesia and Vietnam and is laying the groundwork, including regulatory, to expand into other Southeast Asian markets,
- Categories
- Finance, Technology
- Region
- South Asia
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Mexico’s Kavak Drives Away With $700 Million in New Funding, Doubling Its Valuation to $8.7 Billion
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced it has raised a massive Series E round that more than doubles the company’s valuation.
- Categories
- Finance, Technology, Transportation
- Region
- Latin America
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Mastercard Launches Strive: a Global Small Business Initiative to Accelerate Economic Recovery
This program builds on lessons learned and a body of work developed as part of Mastercard’s long-term focus on financial inclusion”
- Categories
- Coronavirus, Finance
- Region
- Global
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This Neobank for India’s Small Businesses Just Raised $31 Million Led by Sequoia Capital
FloBiz, focused on small and medium businesses in India, has raised $31 million in a Series B funding round, led by venture capital firm Sequoia Capital India, along with Think Investments.
- Categories
- Finance
- Region
- Asia Pacific
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Dopay Raises $18 Million Series A Round
Dopay, the innovative B2B2C payments platform serving 1.7bn unbanked workers in emerging markets, has closed a US$ 18 million Series A funding round.
- Categories
- Finance, Technology
- Region
- Global