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World Bank issues first-ever poverty bond, gets $1.5 billion
The World Bank’s International Development Association (IDA) launched the world’s first poverty bond this week, a debt offering representatives say is designed to lift up the poor, and global investors literally couldn’t get enough.
- Categories
- Investing
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Press release: Evidence for competitive financial performance of impact investing through private debt highlighted by new study
A new report by the Global Impact Investing Network (GIIN) and Symbiotics, which analyzes the performance of impact investing through private debt, finds that private debt funds seeking positive impact can offer very stable returns across various risk-return strategies.
- Categories
- Investing
- Tags
- impact investing
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Press release: Bamboo Capital Partners exits from Mibanco, Latin America’s largest microfinance provider
Bamboo’s investment in Mibanco via its Financial Inclusion Fund I (FIF I) is Bamboo’s most significant investment to date. Following the investment, which made Bamboo the largest minority shareholder, the firm held a seat at Mibanco’s board where it provided strategic input and guidance throughout the investment period.
- Source
- Press release
- Categories
- Investing
- Region
- Latin America
- Tags
- microfinance
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China’s VC firm LUN Partners leads $4.5m Series B in fintech firm MFS Africa
The funding round makes MFS Africa, operator of the largest digital payments network in Africa, the first African fintech company to receive funding from a China-based VC, according to a statement released on Wednesday.
- Region
- Sub-Saharan Africa
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Viewpoint: Why agricultural businesses are engines of sustainable growth
Agricultural businesses are uniquely situated to advance progress across multiple SDGs, from zero hunger to gender equality. And they are in dire need of investment.
- Categories
- Agriculture, Investing
- Tags
- global development, SDGs
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Press release: Mobile Lender Tala Announces India Expansion, Fueled by USD 65m in New Financing
The U.S.-based financial technology company has delivered credit to nearly 1.3 million customers and originated more than $300 million globally.
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The ultra-rich want to make money through good causes — but there aren’t enough options, UBS says
The super wealthy want more out of their investments these days. In addition to financial returns, they want their money to drive positive changes in the world, but the options for achieving both concurrently is lacking, according to a UBS expert.
- Categories
- Investing
- Tags
- ESG, impact investing
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Delhi-based fintech startup Affordplan raises Series B round
Affordplan, a Delhi-based fintech startup that makes healthcare services accessible through planned savings for non-emergency treatments, has raised fresh capital in its Series B round from a clutch of investors.
- Region
- South Asia
- Tags
- fintech, startups, venture capital