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Analysis: Nigeria’s Microfinance Banking Dream on Brink of Failure
The most widely-accepted recent labour force data gives a rough idea of how a vibrant micro business environment could help to deal with the country’s unemployment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MyZoi Raises $14 Million to Bolster Financial Inclusion Among Low-Income Migrant Workers
myZoi aims to use the funds raised to expand its inclusive and differentiated proposition for the underbanked and their families.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Ugandan Fintech Asaak Acquires Flexclub Mexico as It Expands to Latin America
Asaak joins Nigeria’s Paga as one of the few African tech companies to expand to Latin America.
- Categories
- Finance, Technology
- Region
- Global
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Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Anchor Closes $2.4 Million to Scale Banking-As-A-Service for African Businesses
Anchor charges users for accessing the platform, but also takes a cut of every billable transaction.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Devolut Raises USD $600,000 in Pre-Seed Round to Optimize Returns in Latin American E-Commerce
The round had the participation of Seedstars International Ventures, FJ Labs, Far Out VC, Pareto 20, and Forum VC.
- Categories
- Finance, Technology
- Region
- Latin America
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BII and FMO Unveil $40 Million Commitment to Dashen Bank, Supporting Ethiopia’s Financial Sector
The innovative facility enables a progressive local bank to expand lending to exporters.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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MFast Gets Backing from Wavemaker Partners to Increase Financial Services Access in Vietnam
MFast announced it has raised $6 million in its Series A funding round, led by Wavemaker Partners.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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