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Nigerian Fintech Startup Pivo Raises Funding from Microtraction
Nigerian startup Pivo, a credit-focused financial services company for SME players in the supply chain, has raised an undisclosed amount of funding from early-stage VC firm Microtraction.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Fairplay Closes $35 Million in Equity, Debt to Provide Revenue-Based Financing to Entrepreneurs in Latin America
Mexican revenue-based investment startup Fairplay secured $35 million in Series A funding to invest in the online marketing campaigns of direct-to-consumer e-commerce brands and marketplace sellers in Latin America.
- Categories
- Finance, Technology
- Region
- Latin America
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IFC and We-Fi Help Tackle Gender Financing Gap Through IFC ScaleX
To help tackle the financing gap that women entrepreneurs still face, particularly in emerging markets, IFC and the Women Entrepreneurs Finance Initiative (We-Fi) launched today a new call for applications for IFC ScaleX.
- Region
- Global
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Revenue-Based Financing Platform a55 Receives USD$16.3 Million Series B Investment Led by Movile to Accelerate Growth
a55, a leading revenue-based financing platform in Latin America, has received USD$16.3 million Series B investment led by Movile, a long-term investor and accelerator for LatAm tech companies.
- Categories
- Finance
- Region
- Latin America
- Tags
- blockchain, data, financial inclusion, fintech
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Tugende Raises $17 Million in Debt to Expand Vehicle, Equipment Financing for MSMEs in Kenya, Uganda
Tugende, a financial technology (fintech) firm specializing in vehicle finance in Uganda and Kenya, recently raised USD 17 million in debt funding.
- Categories
- Finance, Transportation
- Region
- Sub-Saharan Africa
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Kenyan Fintech Startup Paylend Raises $2 Million Seed Funding
Kenyan fintech startup Paylend has raised US$2 million in seed funding to expand operations at home and launch in Tanzania, Zambia and Nigeria.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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Nigerian Mobility-Tech Startup MAX Bags $31 Million in Series B Round, Set To Expand Across Africa, Build EV Infrastructure
Nigerian mobility tech startup Metro Africa Xpress Inc. (MAX) is planning to enter more markets across Africa as it races toward formalizing the continent’s transportation sector after securing $31 million in Series B funding.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Paylend, a Kenyan FinTech Company Raises $2 Million Seed Investment From Next Chymia Consulting HK Limited
Paylend, a Kenyan FinTech startup focused on providing access to finance and digitizing MSMEs in Kenya have today announced that it has raised a $2 million dollars seed investment from Next Chymia Consulting HK Limited.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa