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Press Release: Global Community Steps up With $93 Billion Support Package To Boost Resilient Recovery in World’s Poorest Countries
The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19 crisis and build a greener, more resilient, and inclusive future.
- Categories
- Coronavirus, Finance
- Region
- Global
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Family Bank Commits $53.1 Million to Finance Agribusiness
Family Bank has announced that it will release Ksh. 6 billion to be extended as affordable credit to agribusinesses across 17 counties through the USAID’s Pay for Performance initiative under the Kenya Investment Mechanism program.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Brazilian Consumer Credit Startup Open Co Raises $115m in SoftBank-led Round
Open Co, a São Paulo-based consumer credit company, announced today that it has raised $115 million in a round led by SoftBank Latin America Fund.
- Categories
- Finance
- Region
- Latin America
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Santander to Invest $6 Billion in Digital Transformation in Latin America
Spain’s Santander will invest around $6 billion between 2022 and 2024 to promote digital transformation of its Latin American operations.
- Categories
- Finance, Technology
- Region
- Latin America
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Bhub Secures $20 Million to Become LatAm Companies’ Back-Office Administrator
BHub announced Tuesday that it took in a new round of capital just three months after receiving $4.4 million in pre-seed investment to offer full back-office SaaS for small and medium businesses in Latin America.
- Categories
- Finance
- Region
- Latin America
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Visa and Belvo Combine Efforts To Develop New Open Finance Capabilities in LataAm
Belvo, the open finance API platform in Latin America has partnered with Visa, the global paytech, to drive open finance in the region. The announcement follows Visa’s investment in Belvo’s Series A funding round which saw $43million raised.
- Categories
- Finance
- Region
- Latin America
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Indonesian Fintech Flip Secures $48 Million in Series B To Support Expansion
Flip, an Indonesia-based fintech startup, announced it has raised $48 million in a Series B to accelerate its growth.
- Categories
- Finance
- Region
- South Asia
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Press Release: Datavault® Contracts With Agri-fintech Company Tingo To Deliver Data Revenue to Its 10 Million International Members
Partnership will focus on the continent of Africa and data monetization strategies within the farming, agriculture, and finance sectors.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa