July 9

Norfund Invests $20 Million in APIs Growth Markets Fund III to Propel Fintech Expansion in Developing Economies

By Tapiwa Matthew Mutisi

Norfund, the Norwegian investment fund specializing in developing markets, has recently declared a significant investment of $20 million into the Apis Growth Markets Fund III. Managed by Apis Partners, a private equity firm based in the UK, this fund is dedicated to investing in technology-driven financial service enterprises with high growth potential across the globe.

Photo courtesy of Rory.

Source: Innovation Village (link opens in a new window)

Finance, Technology
financial inclusion, fintech, global development, startups