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Philippines Based Digital Financial Services Firm Ayannah Merges With Indian Payments Company Equity Capital Advisors
Philippines based Ayannah, an online financial services provider, and India’s payments firm Equity Capital Advisors (ECAPS) have merged their operations in order to provide cost-effective and more accessible financial services to South Asia and Southeast Asia’s growing middle-class population.
- Categories
- Coronavirus, Finance
- Region
- South Asia
- Tags
- fintech, insurance, remittances
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BRAC Survey Finds 95 Percent in Bangladesh Suffer Losses in Income Due to COVID-19
Brac in a latest survey said that the lockdown and social distancing measures announced to contain the spread of the COVID-19 pandemic has forced 95% people across the country to suffer a loss in their income.
- Categories
- Coronavirus, Finance
- Region
- Asia Pacific
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Viewpoint: Yes, There Are Growth Investment Opportunities During Market Volatility
While equities, credit and interest rates race toward a recession, long-term investors have a compelling entry point into the businesses reshaping the global economy.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Halal Fintech Startup Wahed Closes $25m Led by Saudi Aramco’s Investment Arm
New York-based fintech startup Wahed (meaning “One” in Arabic) describes itself as a digital Islamic investment platform and as the world’s first “halal robo adviser.” It has now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of oil giant Saudi Aramco.
- Categories
- Finance
- Tags
- fintech
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Renewable Energy Startup Using Blockchain Raises $3 Million in Funding
Blockchain-based renewable energy startup SunExchange has raised $3 million in a recent funding round to expand its services. The funding highlights the increasing demand in South Africa and the region for solar power and alternative investment options.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Viewpoint: Financial Inclusion Will Be Vital in a Post-Pandemic World
The world will never be the same as Covid-19 has created a springboard for the fourth industrial revolution
- Categories
- Coronavirus, Education, Finance
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Coronavirus May Cost Africa $4.8 Billion in Crop Exports
The coronavirus pandemic could cost Africa as much as $4.8 billion in lost agricultural exports and affect the livelihoods of 10 million farmers, McKinsey & Co. said.
- Categories
- Agriculture, Coronavirus, Finance, Health Care
- Region
- Sub-Saharan Africa
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Blue Finance and Ocean Outcomes Become First Grant Recipients of Convergence’s Asia Natural Capital Window
With funding from the RS Group for its Asia Natural Capital Design Funding Window, Convergence awards Blue Finance and Ocean Outcomes (O2) design-stage grants for blended finance solutions targeting Sustainable Development Goal 14–Life below Water.
- Categories
- Environment, Finance
