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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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Future Returns: Bain Capital Double Impact’s Approach to the Market
Bain Capital Double Impact closed a second impact-investing fund after raising US$800 million last fall, and found the experience to be a bit different than the first time around.
- Categories
- Investing
- Region
- North America
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