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Press Release: Masa Finance Partners with African Fintech Pngme to Provide DeFi Services to Emerging Markets
Silicon Valley DeFi protocol Masa Finance announced today it is partnering with African financial data company Pngme to drive the adoption of DeFi credit services in the region.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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AfricInvest Closes African Midcap-Focused Fund at Over $400 Million
AfricInvest, a leading investment platform active in multiple alternative asset classes including private equity, venture capital, private credit and listed equities, has announced the final close of its AfricInvest Fund IV with total commitments of US$411 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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WSO2 Completes $93 Million Series E Growth Funding Round with the Investment from Info Edge
Info Edge, which joins lead investor Goldman Sachs Asset Management in the Series E, provides a strategic contribution to WSO2’s accelerated business expansion across India
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- accelerators, credit, digitalization, tech, technology
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J.P. Morgan Leads $200 Million Investment in Arcadia’s Clean-Energy Platform
With this new funding round, startup Arcadia is now valued at $1.5 billion and poised to grow its software ecosystem for home and commercial clean-energy usage.
- Categories
- Energy
- Region
- Global
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Press Release: 2022 FinHealth Spend Report Marks First-Ever Decline in Ten Year History of Tracking Fees and Interest Paid for Everyday Financial Services
Reduction attributed to student loan debt moratorium, pandemic-related decline in credit card debt, and government stimulus funds allowing many to avoid high-cost lending; but underserved populations still pay a greater proportion of fees and a number of factors indicate a likely rise in the year ahead.
- Categories
- Finance
- Region
- Global
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Line Acquires $25 Million in Equity, Debt to Build Inclusive Financial System
Line, the firm building a “modern” inclusive financial network, announced that it has secured $25 million in equity and debt, with Massive leading the funding round.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: Voyager Innovations Raises US $210 Million to Expand the Financial Services Ecosystem of PayMaya and Maya Bank
Voyager Innovations is the leading technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank.
- Region
- South Asia
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India’s Axis Bank Accelerates Retail Push With $1.6 Billion Citi Deal
Indian private lender Axis Bank has decided to bulk up its credit card and retail businesses with a $1.6-billion purchase of Citigroup Inc's local consumer banking arm.
- Categories
- Finance
- Region
- Asia Pacific
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