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Stori Raises $32.5 Million in a Lightspeed-led Series B to Build Mexico’s Credit Card for the Masses
While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant method of payment, with an estimated 86% of all payments being in the form of cash.
- Categories
- Finance, Technology
- Region
- Latin America
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Women in Rural Rajasthan Plug the Last- Mile Gap Between Consumers and Sellers
Frontier Markets is technologically enabling rural women to use their social network and social capital in the village to book orders
- Categories
- Technology
- Region
- Asia Pacific
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Viewpoint: How Blockchain-Powered Fintech Services Can Improve Financial Inclusion
Until now not many new financial services make it genuinely easy for new users to use fintech products, especially those that involve blockchain or cryptocurrency.
- Categories
- Technology
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[Updated] Erudifi Raises US $5 Million Series A to Grow Its ‘Study Now, Pay Later’ Model in Indonesia, Philippines
[Updated] Erudifi Raises Us$5m Series a to Grow Its 'Study Now, Pay Later' Model in Indonesia, Philippines
- Categories
- Education, Technology
- Region
- South Asia
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Vedantu Acquires Instasolv, a Doubt-Solving App – the Latest in Buzzing EdTech Acquisitions in India
Indian online tutoring startup Vedantu has acquired Instasolv, a doubt-solving app – marking its first acquisition in the buzzing educational technology space. While the details of the deal remain undisclosed, Vedantu had also invested $2 million in Instasolv in July 2020.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- edtech
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Volta Energy Technologies Raises Over $90 Million of a Targeted $150 Million Fund to Back Energy Storage Startups
As the transition away from internal combustion engines and hydrocarbon fuels begins in earnest, companies are scrambling to drive down costs and improve performance of battery technologies that will be necessary to power millions of electric cars and store massive amounts of renewable energy that still needs to be developed.
- Categories
- Energy, Technology
- Tags
- startups
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With Over 1.3 Million Users, Nigerian-Based Fintech FairMoney Wants to Replicate Growth in India
There are more than 1.7 billion underbanked people globally, the majority of which are from emerging markets. For them, accessing loans can be difficult, which is a problem fintechs try to solve. One way they do this is by promoting financial inclusion by underwriting credit via a proprietary algorithm.
- Categories
- Finance, Technology
- Tags
- fintech
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Analysis: Could AI Ease Food Security Fears?
Dr Liangxiu Han discusses how we might harness big data and machine learning/AI to boost global food security in these uncertain times of climate change.
- Categories
- Agriculture, Technology
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