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Report: Fintech Funding in Southeast Asia Triples to Record $3.5 Billion This Year
Financial technology funding in Southeast Asia jumped more than three times in the first nine months of this year compared with full-year 2020, reaching a record $3.5 billion, a report showed.
- Categories
- Finance, Technology
- Region
- South Asia
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How Blockchain Can Support Social Impact: Three Innovative Use Cases that Highlight its Potential
When it comes to blockchain technology, cryptocurrencies like Bitcoin seem to dominate the headlines, whereas blockchain itself – cryptocurrencies’ underlying technology – often gets overlooked. But according to Raj Jain at the Social Finance Fund, blockchain may actually have a more compelling future than cryptocurrency – and the technology is flourishing in a variety of different spaces, including the social impact sector. He highlights three organizations that are putting blockchain to innovative use in social impact.
- Categories
- Investing, Technology
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Press Release: Tala, Fintech for the Underbanked, Raises $145 Million To Expand Globally and Into Crypto
Fintech start-up Tala has raised $145 million in a Series E funding round that the company intends to use to expand borrow, save and money management options across Kenya, the Philippines, Mexico, India and the United States, including crypto offerings.
- Categories
- Finance
- Region
- Global
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Cameroon’s Ejara Raises $2 Million to Offer Crypto and Investment Services in Francophone Africa
Ejara, a one-year-old company founded by Nelly Chatue-Diop, has raised $2 million to pioneer the usage of crypto and investment services in Francophone Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Growing Use of Cryptocurrency in Afghanistan Poses Security Concerns
If the Taliban were to adopt cryptocurrency as part of a national economic policy, it could aid efforts to circumvent sanctions. But these digital payments also poses concerns for Western security officials.
- Categories
- Technology
- Region
- North Africa & Near East
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Analysis: Meeting the Crypto Regulatory Challenge
Cryptocurrency adoption has soared during the COVID-19 pandemic, as everyone from private investors and public companies to underbanked individuals realised the benefits of digital currencies.
- Categories
- Finance, Technology
- Region
- Global
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Analysis: Scepticism Grows in El Salvador Over Pioneering Bitcoin Gamble
El Salvador will be first to adopt cryptocurrency as legal tender next month – but economists are sounding warnings over risks.
- Categories
- Finance, Technology
- Region
- Latin America
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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