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Mastercard’s Farmpass Reaches One Million Smallholders in India
Mastercard today announced that it has reached the milestone of benefiting over one million smallholder farmers in India through Farm Pass.
- Categories
- Agriculture, Social Enterprise, Technology
- Region
- Asia Pacific
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Lok Capital Logs First Close of Its Fourth Fund at $90 Million
The fourth fund will invest in financial services, including fintech, health-tech, food and agri-tech, and climate tech.
- Categories
- Agriculture, Education, Finance, Health Care, Investing, Technology
- Region
- Asia Pacific
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KYC is a Journey, Not a Destination: The Value of Know-Your-Customer Innovation for African Tech Startups
Identity theft is increasingly common in Africa, and the problem is likely to get worse. According to Lanre Ogungbe at Identitypass, digital access is expanding rapidly on the continent, and tech startups are under pressure to create frictionless signup processes for new users, which sometimes comes at the expense of better security. He argues that this has created an urgent need for better Know Your Customer (KYC) processes, and explores why tech startups should view KYC not as a regulatory obligation, but rather as an opportunity for innovation that can improve their products, protect their customers and increase their business success.
- Categories
- Finance, Technology
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Catalyst Fund Announces $2 Million Investment Into 10 Startups Accelerating Africa’s Adaptation and Resilience to Climate Change
Catalyst Fund announced a $2 million investment into 10 startups building solutions to improve the resilience of climate-vulnerable communities in Africa.
- Categories
- Environment, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- climate change, impact investing, MSMEs, scale, startups
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Edtech Startup Toddle Raises $17 Million From Sequoia Capital India, Others
This comes as B2C K-12 online edtech startups in India have been suffering post-pandemic with demand falling, while those operating in the B2B edtech segments witnessed tailwinds of growth with schools more open to adopting innovation.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- edtech
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Ghanian E-logistics Startup Jetstream gets $13 Million for African Expansion
An e-logistics platform for African exporters and importers has secured US$13 million in debt and equity finance to support its growth.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Simba Telecom to Invest $1 Million in New Year Investment Plans to Boost Its Market Presence
The investment will allow Simba Group to reach wider geographical zones and ultimately improve speed to market.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Developing Nations Aren’t Ready for EVs—Unless They Are Made in China
Auto manufacturers such as Great Wall Motor are making inroads in Southeast Asia, and a fight for Europe market share looms.
- Categories
- Energy, Technology, Transportation
- Region
- Global
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