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AT Capital and Life.SREDA Leads Series B Round for Lenddo
Lenddo, the world’s leader in using non-traditional data for credit scoring and online verification, today announced it has closed a Series B investment to further support the company’s accelerated growth and meet global demand. The investment was led by new investors AT Capital and Life.SREDA, with participation from existing investors Omidyar Network, Blumberg Capital and Golden Gate Ventures.
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- credit scoring
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Investors Unwittingly Support Unethical Industries
More than two thirds of investors do not know whether the activities of industries or companies they are investing in are ethical.
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- impact investing
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5 African Microfinance Startups to Watch
The African finance sector shot into the global limelight with the success of mobile money system M-PESA, which is heralded as proof of the continent’s capacity to lead the world in innovation in the payments space. Since then, the innovation has continued, and today a raft of mobile payments companies are active across the continent. Here Disrupt Africa showcases five of the top African m-finance startups to watch.
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- Sub-Saharan Africa
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- microfinance
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India’s First Live Crowdfunding Event Hosted in Kolkata
The country’s first live crowd funding event was witnessed at Kolkata on a cruise on river Ganga last evening.
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- South Asia
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- crowdfunding
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Zimpost Extends Money Transferring Service to Nigeria
Harare- Zimbabwe’s postal and courier company, Zimpost has extended its money transfer service to Nigeria with immediate effect to allow the sending and receiving of money among citizens from the two African states, the postal company’s communications officer Anna Munembe has said.
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- Sub-Saharan Africa
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India’s Mobile Wallet Market Likely to Cross $11B Mark By 2022
Owing to increasing penetration of smartphones as well as tablets, India has emerged as one of the fastest growing mobile wallet markets in the Asia Pacific region. 6Wresearch, a global market research and consulting firm, said in a report that India's Mobile Wallet Market is projected to reach $11.5 billion by 2022.
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- Uncategorized
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- South Asia
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- digital payments
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Fintech Spotlight: Citi at the Crossroads of Fintech Disruption
his fall, Citi is currently organizing the fourth class of its Fintech Accelerator Program in Israel. The program is one of many fintech related events being sponsored by Citi and is part of an active year for the bank assisting the fintech startup scene. Beyond their accelerators, Citi has also presented a mobile challenge to spur innovation in mobile banking, with participants from across the globe. Among their coming events are global Fintech Expos being held within their Innovation Labs.
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Airtel, Tigo to Launch a Mobile Money Interoperability Pilot in Rwanda
Airtel Rwanda and Tigo Rwanda, a subsidiary of Millicom, have announced a partnership to pilot interoperability between their two mobile money transfer service platforms.
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- Uncategorized
- Region
- Sub-Saharan Africa
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