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Y Combinator-Backed Drip Capital Crosses $1 Billion Milestone in Trade Financing for Small Businesses
Credit and Finance for MSMEs: Drip has recorded a 50 per cent quarter-on-quarter growth in the last three quarters, according to Co-founder and CEO Pushkar Mukewar.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- business development, data, MSMEs, startups
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Analysis: How the Regulatory Framework for Crowdfunding Platforms in Southeast Asia Will Benefit SMEs and Investors
Peer-to-peer (P2P) lending has come a long way since its early days as a casual crowdfunding platform. Today, individual borrowers and small and medium-sized enterprises (SMEs) can access loans without the hassle of going through banks and lengthy financial assessments.
- Categories
- Finance
- Region
- South Asia
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Press Release: DFC Announces $1 Billion W-GDP 2X Asia Initiative
U.S. International Development Finance Corporation (DFC) Chief Executive Officer Adam Boehler today announced W-GDP 2X Asia, a commitment to mobilize $1 billion of investment to advance women’s economic empowerment in Asia. Through the initiative, DFC aims to mobilize capital and incentivize action from the private sector to achieve scalable and sustainable impact for economically empowering women in the region. The announcement was made during a virtual event featuring keynote remarks by Boehler and a fireside chat with female entrepreneurs.
- Categories
- Investing
- Region
- Asia Pacific
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Grab Raises $300 Million for Fintech Arm’s Ambitious Expansion
Southeast Asian ride-hailing and food delivery giant Grab has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its rapidly-expanding financial services business.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech, startups
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Paper Giant App Failing Its Own Sustainability Goals: Report
From destruction of tropical peat ecosystems to the prevalence of burning to persistent community conflicts, a new study found that one of the world’s biggest paper producers has failed to uphold its own sustainability commitments.
- Categories
- Environment
- Region
- South Asia
- Tags
- business development, SDGs
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Analysis: Rwanda: Small Batches of Rwandan Coffee Pack Big Punch in World Market
The way they 'punch above their weight' is to ensure that they export high quality coffee, while remaining united through their cooperative movements, according to Angelique Karekezi, the managing director at the Rwanda Small Holder Specialty Coffee Company (RWASHOSCCO).
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Covid-19: Africa Secures About 300 Million Vaccine Doses
300 million doses are being secured independently of the global COVAX effort aimed at distributing Covid-19 vaccines to lower-income countries.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
- Tags
- vaccines
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MOMO Secures Series D to Become Vietnam’s Next Super-App; Plans to Launch New Startup Fund
Vietnam-based payments app Momo has raised an undisclosed amount in Series D financing, says a DealStreetAsia report.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments, startups
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