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Indifi Secures $5 Million Debt Funding From IndusInd Bank
Gurugram-based online lending platform Indifi Technologies—enabling credit for small businesses—on Monday announced $5 million debt financing from IndusInd Bank Ltd, with a guaranty from US International Development Finance Corporation (DFC).
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing, MSMEs
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Fund Worth $25-Million Launches for Early-Stage African Tech Startups
Savannah Fund, a technology seed fund focused on investing in early-stage startups across sub-Saharan Africa has announced the launch of a $25-million fund.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Flutterwave Has Raised $170 Million With a Bid to Connect Africa’s Digital Payment Landscape
Flutterwave, an Africa-focused payment technology company, has raised $170 million in a Series C round, positioning itself to further connect and capitalize on the continent’s thriving yet highly fragmented digital payment landscape.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments
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Google, Microsoft Invest Millions to Empower African Women
Tech giants Microsoft and Google have invested millions of rand to establish initiatives to help create pathways to prosperity for women and girls across Africa.
- Categories
- Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Indonesian Farmers Go Digital
Indonesian farmers will be able to harness the power of data to improve their farming practices under a deal signed by the national government and Microsoft.
- Categories
- Agriculture, Technology
- Region
- South Asia
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Bolt Receives a €20 Million Investment From IFC to Increase Access to Mobility Services in Emerging Markets
Bolt is partnering with IFC, a member of the World Bank Group, to promote access to on-demand mobility services in emerging economies.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- transportation
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Analysis: In Nairobi, Female Coders Are Flipping the Silicon Valley Trope on Its Head
In the popular history of Kenya’s technology industry, women are at the center.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech
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Minu, a Mexico City-Based, Pay-on-Demand Startup, Lands a $14 Million Series A
Many of the startups raising capital in Mexico are focused on financial inclusion, aiming to level the playing field in a country that is largely unbanked and has a burgeoning middle class.
- Categories
- Finance, Technology
- Region
- Latin America