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Mexican Fintech Stori Secures $50 Million Debt Capital From Community Investment Management
Mexican fintech unicorn Stori has received $50 million in debt capital from Community Investment Management, its second debt facility to the start-up.
- Categories
- Finance, Technology
- Region
- Latin America
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A Report by Bill Gate’s Foundations Shows Nigeria’s Impressive Mobile Money Performance
The Bill & Belinda Gates Foundation helped the GSM Association (GSMA) put up the State of the Industry on Mobile Money Report 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: IFC and Interbank Partner to Boost Trade and Strengthen Trade Finance in Burundi
Interbank Burundi has joined IFC's Global Trade Finance Program (GTFP) to support the growth of trade finance, counter foreign exchange shortages and support regional trade.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Dispute Between Nigerian Banks and Telcos Over $260 Million USSD Debt Threatens Financial Inclusion
The clash between Nigeria’s banks and telcos over accumulated debts for USSD services risks disrupting essential mobile money services for millions of Nigerians.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Trébol Secures $3 Million to Help Banks and Lenders in Latin America Automate the Verification Process for Businesses
The funding will help modernize how companies in Latin America are onboarded.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: QED Investors Closes Nearly $1 Billion in New Funds
Fund VIII will Invest in Early Stage Businesses; Growth II for Later-Stage Fintechs.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- fintech, lending, remittances, scale, startups
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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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