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Angel Investing 2.0 – Will Angel Investing Go Online in India?
The last one year has seen a huge surge in angel investing in the Indian startup ecosystem. As a platform that has now become the largest marketplace for startup funding; we have been witnessing how the ecosystem has evolved over the last 18 months. In early 2013 when LetsVenture was founded, startup funding was traditionally done through offline networks and fundraise was challenging; our intent was to make fundraising faster and efficient for the founders.
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- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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How Do You Know You’re Really Reaching the Poor?: Tips for microfinance providers considering digital services
Though many microfinance institutions operate in impoverished areas, they often have little or no objective poverty data on the clients they’ve reached. Pride Microfinance wanted to avoid this problem when it rolled out its digital financial services programs this year, so it worked with Grameen Foundation to measure its social impact. The lessons it learned can be valuable to other MFIs considering going digital.
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- Uncategorized
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Bitcoin Microfinance Can ‘Reach Anyone with a Cell Phone Who Wants a Friggin’ Loan’
How bitcoin — or other cryptocurrencies — along with microfinance and mobile technology could form a new platform that would make it easier to dole out loans and charity.
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- Uncategorized
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- lending, microfinance
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India’s Jan Dhan financial inclusion drive hits customer service barrier
Creating new accounts is not enough. Banks’ behaviour towards low income clients is a major roadblock
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- Uncategorized
- Region
- South Asia
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Nigeria’s GTBank Introduces New “Short Code” Channel for Mobile Money Transfers
Guaranty Trust Bank Plc (GTBank) said it is applying a breakthrough innovation to enable funds transfer on the mobile phone for the first time in Nigeria for the bank’s customers.
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- Uncategorized
- Region
- Sub-Saharan Africa
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Ripple scores $28 million funding round
Digital currency outfit Ripple Labs has closed a $28 million Series A funding round that includes IDG Capital Partners and the venture arms of CME Group and global data storage company Seagate Technology.
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- Uncategorized
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PRESS RELEASE: Lafarge launches ‘Housing Microfinance Academy’ in India
Lafarge, a leader in building materials, launched the Indian chapter of 'Housing Microfinance Academy' in Mumbai earlier this week.
- Categories
- Finance, Uncategorized
- Tags
- housing, microfinance
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Study: Less Than Half of Foundations Use Impact Investing
The survey found that 41 percent of respondents said their foundations currently use impact investing, 6 percent plan to in the future, and 20 percent don’t plan to.
- Categories
- Uncategorized
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