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Mexican Fintech Kapital Receives $100 Million Investment and Expands to Colombia
The Mexican fintech Kapital has arrived in Colombia to facilitate access to credit for entrepreneurs and small and medium-sized businesses.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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The Benefits – And Downsides – of ‘Buy Now, Pay Later’: Is it Enhancing or Hindering Financial Inclusion?
Buy now, pay later (BNPL) schemes offer consumers immediate possession of goods, which they pay for over time via (usually interest-free) installments. According to Sarah Corley at the Alliance of Digital Finance Associations and Lotte Schou Zibell at the Asian Development Bank, BNPL can expand financial inclusion and access to consumer goods in emerging economies – but by offering easier access to credit, it also presents some pitfalls. They discuss the growth of BNPL, its benefits and risks, and some key practices that can maximize its positive impacts while avoiding potential downsides.
- Categories
- Finance, Technology
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With Abundant Forests, Africa Looks to Grow Its Carbon Market
In Kenya’s Gazi Bay thousands of trees have been planted to offset carbon dioxide released by faraway governments and companies seeking to improve their climate credentials.
- Categories
- Environment
- Region
- Sub-Saharan Africa
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Southeast Asia’s Fintech Fazz Finalizes $100 Million Series C Round Led by Tiger Global
Southeast Asia’s Fintech platform Fazz, a business account for companies of all sizes, recently secured $100 million via Series C funding.
- Categories
- Finance, Technology
- Region
- South Asia
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Why Credit is Key to Unlocking Africa’s Consumer Markets and Boosting Economic Growth
Africa’s consumer market is one of the fastest-growing in the world. But as Fehintolu Olaogun at CredPal points out, this growth has primarily occurred without consumer credit, as most sub-Saharan African economies remain cash-driven at the retail level. He explains why African markets need the kind of organized credit systems that are enjoyed by consumers in more developed markets, and explores the impact that credit access can have on e-commerce, informal commerce and overall economic growth in the region.
- Categories
- Finance
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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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