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Financial services firm IFMR Holdings expanding to target bottom 600 million people in India
Financial inclusion services provider IFMR Holdings, which will complete a decade this year, will embark on a major expansion drive.
- Categories
- Uncategorized
- Region
- South Asia
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UN Sustainability Goals: A Road Map for Impact Investing
Equity investors are increasingly thinking about how their decisions affect society. The United Nations’ Sustainable Development Goals (SDGs) provide a good road map for identifying investments that can make an impact—and generate profits as well.
- Categories
- Impact Assessment, Investing
- Tags
- ESG, impact investing, SDGs
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Kenya’s BitPesa Closes $2.5M Funding Round
Kenyan digital currency payments platform BitPesa has closed a US$2.5 million series A funding round, with a view to expanding its services further across West and Southern Africa, as well as in the UK and Europe.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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Airtel plans Africa stakes sales in bid to reduce debt, stay afloat
The Indian parent company of struggling mobile operator Airtel Kenya is set to sell stakes or merge some of its African units in a bid to stay afloat and reduce its debt burden.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Indonesia’s Largest Private Bank Launches $15 Million Fintech VC Firm
Indonesia’s Bank Central Asia (BCA), the country’s largest private bank, has steamrolled its way into the Fintech space with an investment of 200 billion rupiah (approx. $15 million) in financial technology startups and companies.
- Categories
- Investing
- Region
- South Asia
- Tags
- fintech
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Viewpoint: Shooting Yourself In The Foot With Socially Responsible Investing
Socially responsible investing (SRI). Environmental, Social, and Governance investing (ESG). Impact investing…and so on…
- Categories
- Impact Assessment, Investing
- Tags
- ESG, impact investing
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A New Breed of Startups is Offering Microloans in India
When Deepthi K, a software engineer, came to know of a wedding in her in-law's family 15 days ahead of her salary day, she was in a fix. Neither did she have the money needed for the wedding nor the time to apply for a bank loanand go through a long paperwork process. Pressed for time, she approached a city-based start-up instead and got the entire amount of Rs 3 lakh within two days.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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India’s microfinance industry showing signs of overheating, again
India’s microfinance industry is showing signs of overheating in a possible reminder of the crisis that hit micro lenders in Andhra Pradesh in 2010. According to Crif High Mark Credit Information Services, a credit bureau, around 1.26 million microfinance borrowers had received top-up loans over and above their existing loan amounts as of December end.
- Categories
- Technology
- Region
- South Asia
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