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Financial Inclusion: African Development Bank Group To Channel $150 Million To SMEs In Africa
The African Development Bank Group has said it will channel $150 million in funding to Small and Medium Enterprises through Financial institutions across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, MSMEs
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Findings From Findex: Mobile Money Is Driving Financial Inclusion for Women, but More Work Needs to Be Done
Mobile money continues to be a driving force, transforming the financial inclusion landscape in low- and middle-income countries (LMICs).
- Categories
- Finance, Technology
- Region
- Global
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Yulu Secures US $9 Million in Financing from US International Development Finance Corp
According to the company, 75 million+ green deliveries have been made using Yulu EVs till date, and the company has helped save 15000 metric tons of CO2 emissions.
- Categories
- Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, transportation
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Quona Capital Announces $332 Million Fintech Venture Fund to Accelerate Financial Inclusion Investments in Emerging Markets
Quona’s Fund III had its final close at $332 million, exceeding initial target of $250 million, as the firm continues to invest in Latin America, India, Southeast Asia, Africa and MENA.
- Categories
- Finance, Technology
- Region
- Global
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Mexican E-Commerce Aggregator Quinio Raises $40 Million in Equity and Debt
Quinio acquires, operates, and builds e-commerce brands created by local entrepreneurs that have growth potential.
- Categories
- Finance, Technology
- Region
- Latin America
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A Hidden Driver of Financial Inclusion: Why Enabling Regulation is Essential to Fintech Success in Emerging Markets
Fintech innovation is jumpstarting financial inclusion around the world, driven in part by enabling regulation which allows providers to experiment with new approaches. But as Monica Brand Engel, Ganesh Rengaswamy and Jonathan Whittle at Quona Capital explain, it can be difficult for regulators to simultaneously fuel innovation, adapt to new technologies and government mandates, and protect customers. They explore what the fintech sector can learn from successful regulatory approaches in countries like Brazil and India.
- Categories
- Finance, Technology, Telecommunications
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Yassir Raises $150 Million Series B to Ramp Up Africa and Global Expansion
Yassir, a San Francisco-based Algerian super-app offering on-demand services and financial services, will use the funding to power its expansion across Africa and the rest of the world.
- Region
- Global
- Tags
- startups
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Mexican Fintech Kapital Receives $100 Million Investment and Expands to Colombia
The Mexican fintech Kapital has arrived in Colombia to facilitate access to credit for entrepreneurs and small and medium-sized businesses.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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