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Flipkart Valued at $37.6 Billion in New $3.6 Billion Fundraise
Flipkart said it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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MarketForce Secures $2 Million Pre-series A Round, Plans to Launch in Nigeria and Scale Up RejaReja in East Africa
MarketForce aims to digitize offline transactions and transform how informal retail merchants buy and sell.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa’s Fintech Gold Rush: Why Banks Must Adapt to Survive
These are exciting times in the fintech startup ecosystem in Africa, as direct investment activity is growing at a dizzying pace. But according to Osahon Akpata at Ecobank Group, this influx of capital is also raising challenges for startups and investors – and particularly for traditional banks, which have to adjust to the emergence of these innovative and well-funded new competitors. He discusses the implications of Africa's ongoing fintech revolution for both startups and banks, and explores why partnerships between them can provide a way forward.
- Categories
- Finance, Technology
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Press Release: Heifer International and IBM Work with Coffee and Cocoa Farmers in Honduras to Increase Access to Data and Global Markets
Smallholder coffee and cocoa farmers and their cooperatives in Honduras are harnessing the power of technology to access new markets and make better business decisions.
- Categories
- Agriculture, Technology
- Region
- Latin America
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Press Release: The Gillian & Adrian Schauer Foundation Invest $10 Million in Madiro to Support Transformative Solutions in Global Health
Madiro aims to fuel Healthy Entrepreneurs’ mission to provide basic health services to isolated villages in Uganda, Tanzania, Burundi & Kenya.
- Categories
- Health Care, Technology
- Region
- Global
- Tags
- impact investing
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Drip Capital Partners SBM Bank India on Trade Finance
Drip Capital, a fintech provider of cross-border trade finance, has partnered SBM Bank India to offer trade financing solutions customized for small and medium-sized exporters in India.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Ecobank Group Integrates Express Cash by Semoa to Accelerate Financial Inclusion in Africa
The Ecobank Group has announced enabling mobile money users in Togo to carry out banking faster and easier, across the West African Economic and Monetary Union through a new digital banking service called ‘Express cash by Semoa’.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Philippine Fintech Voyager Raises $167 Million for Digital Banking Push
The fresh capital will give the company behind the PayMaya mobile wallet additional firepower as competition heats up in the country's fintech sector.
- Categories
- Finance, Technology
- Region
- South Asia
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