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NowNow Raises $13 Million in Seed Funding to Expand Services Across Africa
The company says that the funding will help it introduce new products that will further enhance its already existing consumer banking, agency banking, and merchant payment solutions.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Colombian Fintech Start-Up Plurall Bags $20 Million Debt Funding
Plurall, a Latin American fintech start-up aiming to provide financial services for entrepreneurs, has raised $20 million in debt financing.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- financial inclusion, fintech, MSMEs, startups
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Analysis: Francophone Africa’s First Unicorn Is Disrupting the Region’s Mobile Money Market. But Can It Last?
Wave’s rise has burst open the mobile money landscape in the West African country by fueling competition with existing players.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: An Economic Perfect Storm Is Battering Emerging Markets. Debt Crises Loom
The U.S. dollar strengthened to a 20-year high against a collection of foreign currencies this week, spelling more trouble for heavily indebted smaller nations around the world.
- Categories
- Finance
- Region
- Global
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R2 Closes $15 Million Series A Round to Provide Frictionless Credit to Small Businesses
87% of credit demand by small businesses in Latin America is unmet, and R2’s goal is to change this reality through an embedded lending infrastructure.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Payment Service Banks: A Game-Changer for Financial Inclusion in Nigeria
Payment service banks are modelled on India’s Payment Banks, with a vision to similarly provide platforms for facilitating high-volume, low-value transactions in remittance, micro-savings, and withdrawals, in a secure technology-driven environment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Data-Driven Experiences Critical to Bank Success as Industry Reaches ‘Inflection Point’ in Race for SME Customers
The race for SME (small and medium enterprise) customer primacy has reached a critical inflection point, according to a new guide from London-based Pollinate.
- Categories
- Finance
- Region
- Global
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Nigeria, Indonesia, Five Others Home to Half of World’s Unbanked Population
World Bank’s 2021 Global Findex report said about 1.4 billion adults are still unbanked, and do not have an account at a financial institution or with a mobile money provider.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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