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Press release: Deetken Impact makes landmark investment in Pro Mujer Mexico to scale its services for women
Pro Mujer, a mission-driven social enterprise focused on empowering women and their families in Latin America, announced today that its subsidiary, Pro Mujer Mexico SOFOM (Sociedad Financiera de Objeto Múltiple), has received $1 million USD in exchange for its issuance of preferred shares to Deetken Impact, a Canadian-based boutique asset management firm.
- Categories
- Investing
- Region
- Latin America
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Press release: Experian: 78 percent of lenders believe alternative credit data improves financial inclusion
First-ever State of Alternative Credit Data report says lenders believe factoring in alternative credit data allows greater access to credit, consumers willing to provide additional information if it increases chances of approval or better terms
- Region
- North America
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Insitor, Oikocredit lead seed round in Kolkata-based Aashiyaan Housing Finance
Journalist Swaminathan Aiyar, Columbia University professor Neeraj Kaushal and others also participated in this round, said Aashiyaan. Boutique investment bank Unitus Capital was the financial advisor to Aashiyaan for this transaction.
- Categories
- Investing
- Region
- South Asia
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Can blockchain turn plastic waste into currency for the poor—and save our oceans?
The Plastic Bank offers a secure and transparent way to monetise ocean-bound plastic with a dual mission of protecting the environment, and banking the unbanked in some of the world’s poorest regions.
- Categories
- Environment, Technology
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Mobile payment firms struggle to dethrone cash in Southeast Asia
Mobile payments are ubiquitous in China; a consumer can spend a day without using cash at all in Beijing or Shanghai, and even some beggars accept mobile payments. But cash remains king in Southeast Asia.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- digital payments, fintech
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Press release: Lidya Raises $6.9 Million in a Series A Round Led by Omidyar Network
Lidya, the digital financial services platform focused on improving access to credit for micro-, small-, and medium-sized enterprises (MSMEs) in Africa, today announced that it has raised $6.9 million in a Series A investment round, one of the largest in Nigerian tech history
- Source
- Press release
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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How This Entrepreneur is Creating Social Impact Through Data
Her research startup has changed the way data is collected and utilized for social schemes and programs by academics, policy makers, private stakeholders and the Indian government.
- Categories
- Uncategorized
- Region
- South Asia
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A defining moment: when will business for good start counting in the US?
Businesses with a mission to deliver environmental and social benefits - from breaking the cycle of re-offending and reducing isolation amongst elderly - while also making a profit, are proving popular worldwide.
- Categories
- Uncategorized
- Region
- North America
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