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Banco Santander, DEG, IDB Invest, Itaú BBA Loan $150 Million to Banco Pan to Boost Digital Financing of Vehicles, Microenterprise, Consumption in Brazil
IDB Invest is leading a loan package totaling USD $150 million for Banco Pan SA, a Brazilian commercial bank, with the aim of increasing access to digital financial services for people with low incomes.
- Categories
- Finance
- Region
- Global
- Tags
- digital finance
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Apollo Hybrid Value to Invest $125 Million in Hero FinCorp, One of India’s Fastest Growing Non-Bank Financial Companies
Apollo announced that funds within its Hybrid Value strategy have committed to invest $125 million in Hero FinCorp Limited.
- Region
- Asia Pacific
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SatSure Raises $5 Million in Pre-Series A round from Baring PE India, ADB Ventures, Others
Bengaluru-based SatSure will use the capital towards expanding its footprint in Southeast Asia and accelerating its product development, including launching its proprietary payloads to Low Earth Orbit.
- Categories
- Finance
- Region
- South Asia
-
Cassava, Nigeria’s Insurtech, Raises $4 Million for Affordable Insurance to Nigerians, Africans
Nigeria’s first full-fledged digital insurance company, Casava, has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Nestcoin Raises $6.45 Million in Pre-Seed Capital to Accelerate Crypto and web3 Adoption in Frontier Markets
Nestcoin, a company building, operating, and investing in web3 applications, announces that it has raised $6.45 million in pre-seed capital.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
-
Marathon Ventures Injects More Capital Into Colombia’s Startup Ecosystem
One of the investors seeing promise in this Colombia is Marathon Ventures, which closed its first fund of $26 million, touted as one of the country’s largest funds to date.
- Categories
- Finance
- Region
- Latin America
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Tiger Global and Greycroft Back Nigerian Investment App Bamboo in $15 Million Round
The average Nigerian only has a handful of ways to save and invest. Building a portfolio of stocks, particularly U.S. stocks, is one way they can hedge against inflation and currency devaluation.
- Region
- Sub-Saharan Africa
-
Founders Fund Backs Vest, a Startup Out to Give Latin Americans a Bridge to Investing in the US Stock Market
Latin Americans seeking the ability to invest in companies trading on the Nasdaq and New York Stock Exchange now have a new option in Vest, a startup that has launched a mobile-first brokerage app with zero-commission trading in the Americas.
- Region
- Latin America
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