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Nigeria’s Mono Raises Millions to Power the Internet Economy in Africa
Three months later, the startup has a different mission: to power the internet economy in Africa. It has closed $2 million in seed investment toward that goal.
- Region
- Sub-Saharan Africa
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Impact Investing in Financial Inclusion in Southeast Asia: Four Key Considerations for Investors and Enterprises
Southeast Asian nations are seeing movement toward greater financial inclusion, but this growth, fueled mostly by digital innovations, is not enough to meet customer needs, say Komal Sahu and Danielle Todesco of AVPN. They share four key considerations that investors and enterprises can take into account to promote interoperability, financial literacy and product accessibility while boosting financial access in the region.
- Categories
- Finance, Investing, Social Enterprise
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Indonesia’s Transfez Raises Seed Funding to Venture Into B2B Money Remittance Sector
Transfez allows users to transfer money across 50 countries in 26 currencies at a cost that is 'up to 10x cheaper than banks'
- Categories
- Finance, Technology
- Region
- South Asia
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Press Release: DFC and FMO Launch $75 Million Co-Financing Facility to Boost COVID-19 Response in Developing Countries
Collaboration will bring much-needed liquidity to businesses in developing countries impacted by the pandemic
- Categories
- Coronavirus, Finance, Health Care
- Region
- Global
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African Fintech Startups Still Face Major Funding Gaps
The number of early-stage deals among African fintech startups is increasing, but the average size of the deals remains low compared to that of other regions, and funding gaps persist at the early stages, according to a new report on the industry in emerging markets.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Indonesia’s Internet Start-Ups Gojek and Tokopedia Announce Merger
Indonesia ride-hailing and payments firm Gojek on Monday announced its merger with e-commerce player Tokopedia to form the GoTo Group.
- Categories
- Finance, Technology
- Region
- South Asia
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Mastercard, Mercado Libre, Common Cents Lab, and IDB Join Forces to Improve Financial Resilience Among Entrepreneurs and Gig Workers
While the pandemic has upended our personal finance habits, small changes in our routine can make a big difference.
- Categories
- Coronavirus, Finance
- Region
- Global
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Analysis: How Digital Payment Systems Can Boost Bangladesh’s Push to Meet the SDGs
As we grapple with the challenges presented by the pandemic, Bangladesh continues to clock impressive growth and is in fact an outlier in the global economic scenario.
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
- Tags
- digital payments, fintech, SDGs