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Avanti Finance Raises $26 Million in Series A and Debt Funding Round Co-Led By Oikocredit and Nomura
The platform will use the funds to strengthen its platform and expand its presence to accelerate livelihood's purpose credit and other financial products to the next 100 million unserved and underserved households in India.
- Categories
- Investing
- Region
- Asia Pacific
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Indifi Secures $5 Million Debt Funding From IndusInd Bank
Gurugram-based online lending platform Indifi Technologies—enabling credit for small businesses—on Monday announced $5 million debt financing from IndusInd Bank Ltd, with a guaranty from US International Development Finance Corporation (DFC).
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
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Stori Raises $32.5 Million in a Lightspeed-led Series B to Build Mexico’s Credit Card for the Masses
While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant method of payment, with an estimated 86% of all payments being in the form of cash.
- Categories
- Finance, Technology
- Region
- Latin America
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Mastercard, Juvo Team up To Help Underbanked Build Credit in LATAM, Caribbean
Mastercard is teaming up with FinTech startup Juvo to help the “underbanked” in Latin America and the Caribbean to build credit histories so they can engage in a wider range of financial services.
- Region
- Latin America
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‘India’s Impact Enterprises Face Issues Accessing Debt’
A report by IIC analysed the balance sheets of 422 leading impact enterprises to gauge their creditworthiness and estimate the gap between their current debt and their potential to absorb more
- Categories
- Entrepreneurship, Finance, Investing
- Region
- Asia Pacific
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Financing “Missing Middle” Enterprises in the Age of COVID-19: Leveraging Nontraditional Finance Pathways in Emerging Markets
COVID-19 has made access to capital for small and growing businesses in emerging markets more essential than ever. But according to Julia Kho at Triple Jump and Kusi Hornberger at Dalberg Advisors, these businesses have very different crisis-related financing needs. They explore how finance providers can understand these diverse needs and identify the best approaches to fill them.
- Categories
- Coronavirus, Entrepreneurship, Investing
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Analysis: Digital Financial Inclusion – Kenya and Nigeria Case Studies
Digital financial services are both broadening and speeding up financial inclusion in many African countries – a key factor in accelerating economic growth. In this study, Rafiq Raji looks at their development in Kenya and Nigeria and notes the differences in their impact
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Interview: How COVID-19 Will Affect Impact Investing in India
Geeta Goel, country director, India, of the Michael & Susan Dell Foundation, talks about the need for responsible capitalism
- Categories
- Coronavirus, Education, Investing
- Region
- South Asia
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