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Brazilian Fintech CloudWalk Reports $320.5 Million in Revenue and $22.3 Million in Profits in 2023 as it Prepares for U.S. Launch
Brazilian fintech pioneer and creator of the InfinitePay brand, today announced that it achieved total revenue of $320.5 million in 2023, a 41% increase year-over-year.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: MicroVest Launches New Framework for Portfolio Impact Management
MicroVest is a registered investment adviser specializing in the allocation of private debt to financial institutions that finance underserved micro-, small, and medium-sized enterprises (MSMEs) in emerging markets.
- Categories
- Finance
- Region
- Global
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MTN Aims to Double its Mobile Money Lending in Uganda to Shs1 Trillion This Year
MTN says it will this year double mobile money lending from Shs550b to more than Shs1 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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How African Companies Are Solving the Continent’s Solar Finance Problem
While solar adoption is soaring in wealthier regions, it remains startlingly low in Africa. As of 2022, only about 13 gigawatts of solar capacity had been installed across the entire continent.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Report: New Data Show Massive, Wider-than-Expected Global Gender Gap
The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report shows.
- Categories
- Finance
- Region
- Global
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As Nobel Laureate Yunus Skirts Jail in Bangladesh, Fears for His Future
The pioneer of microfinance now faces scores of legal charges, but his supporters say they're part of a campaign of political intimidation and harassment.
- Categories
- Finance, Social Enterprise
- Region
- Asia Pacific
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Nigerian Startup Bfree Secures $3 Million Funding to Facilitate Ethical Debt Recovery for Lenders
Bfree, a Nigerian startup specializing in debt collection, was established with the aim of automating and instituting ethical processes for debt recovery.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- lending
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Mastercard and MTN Group Fintech Partner to Drive Acceleration of Mobile Money Ecosystem in Africa Across 13 Markets
The partnership is set to launch a prepaid virtual card tailored for MTN’s MoMo customers, granting them access to over 100 million acceptance points worldwide.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa