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Marqeta Helps UK SMB Credit Lender Expand Into Spain
Card issuer Marqeta has been helping U.K.-based Capital on Tap to expand its small business credit lending services to Spain, a press release says.
- Categories
- Finance
- Region
- Europe & Eurasia
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Innovating on the Pay for Success Model: How ‘Social Derivatives’ Can Unlock Everyday Giving to Incentivize Greater Impact
Pay-for-success models have generated considerable excitement in the social finance sector. But according to Akhil Pawar and Geet Kalra at Yunus Social Business, the approach presents several challenges, mainly around the question of who will pay, and how to ensure an economical structure. They share a potential solution that leverages retail giving, substituting large donors with small ones by using "social derivatives."
- Categories
- Impact Assessment, Investing
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Six Fintech Innovations Will Boost Financial Inclusion Levels for MENA’s Unbanked
“Covid-19 has accelerated the already pressing need for services that bring the advantages of financial inclusion to large swathes of the population and by extension national economies,” said Alicia Sornson, manager programmes and partnerships in Mena, at Village Capital.
“Regulators and investors are among the best placed to create the conditions that allow innovation to thrive."- Categories
- Finance
- Region
- North Africa & Near East
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Viewpoint: Fintech a Game-Changer for Growth in Asia
Fintech is emerging as a driver of innovative financial solutions during COVID-19
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Preventing an Emerging-Market Meltdown
Emerging markets today account for more than two-fifths of global GDP measured at market exchange rates, and nearly three-fifths after adjusting for differences in purchasing power. If these economies crash, then rich-country citizens will also be the victims of an economic catastrophe long foretold and clearly avoidable.
- Categories
- Coronavirus, Finance
- Region
- Europe & Eurasia
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Crypto-enabled solar leasing platform Sun Exchange raises $3 million for expansion
Sun Exchange, the South African peer-to-peer, crypto-enabled solar leasing platform, has raised $3 million in fresh funding.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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Halal Fintech Startup Wahed Closes $25m Led by Saudi Aramco’s Investment Arm
New York-based fintech startup Wahed (meaning “One” in Arabic) describes itself as a digital Islamic investment platform and as the world’s first “halal robo adviser.” It has now closed a $25 million investment round led by Saudi Aramco Entrepreneurship Ventures (also known as Wa’ed Ventures), a venture capital investment arm of oil giant Saudi Aramco.
- Categories
- Entrepreneurship, Finance
- Tags
- capital, entrepreneurs, fintech, investment
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Renewable Energy Startup Using Blockchain Raises $3 Million in Funding
Blockchain-based renewable energy startup SunExchange has raised $3 million in a recent funding round to expand its services. The funding highlights the increasing demand in South Africa and the region for solar power and alternative investment options.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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