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Ayala Ventures, Foxmont Capital Join Philippine E-Commerce Enabler Etaily’s $1.6 Million Seed Round
Etaily claims it has generated more than one million transactions and made more than 50K unique products available in countries such as the Philippines, Malaysia, Indonesia, and Singapore.
- Categories
- Technology
- Region
- Global
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Kenyan Foodtech Startup Kune Raises $1 Million Pre-Seed for Its Ready-to-Eat Meals Service
Kenyan foodtech startup Kune has announced that it has closed a $1 million pre-seed round to launch its on-demand food service in August.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Uruguayan Unicorn’s $10 Billion Nasdaq Float Shows Rising Power of Latin American Tech
South America is slowly emerging as a hotbed for fintech innovation. The world’s arguably biggest challenger bank NuBank hails from Brazil and is rumoured to be gearing up for a public listing in the US.
- Categories
- Finance, Technology
- Region
- Latin America
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African Fintech Opay Is Reportedly Raising $400 Million at Over $1.5 Billion Valuation
Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Asirvad Microfinance Raises $15 Million From WorldBusiness Capital Inc
Asirvad Microfinance, a subsidiary of Manappuram Finance, on Monday said it had raised $15 million (around Rs 110 crore) in a seven-year external commercial borrowing loan from the US-based WorldBusiness Capital Inc (WBC).
- Categories
- Entrepreneurship, Finance
- Region
- Asia Pacific
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Press Release: A First-of-Its-Kind USD $1,500,000 Philanthropic Pooled Fund Created to Strengthen Healthcare Systems in Southeast Asia
Solutions providing better access and delivery to a range of primary healthcare services will
be awarded unrestricted operational grants.- Categories
- Coronavirus, Health Care
- Region
- South Asia
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Alliance for a Green Revolution in Africa Partners With Aceli to Enhance Capital Flows for SMEs in Agriculture Sector
AGRA and Aceli have signed a letter of intent committing to jointly work together to test and scale up innovations that substantially drive down the cost and risk of financing SMEs in the agriculture space.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Uploan Secures US $15 Million From Lendable to Expand Its Payroll Financial Services Beyond Philippines
Uploan, a Philippines-based fintech company providing payroll financial services, has raised a senior secured loan of up to US$15 million from debt financer Lendable.
- Categories
- Finance, Technology
- Region
- South Asia
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