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African Fintech Startup Yellow Raises $20 Million in Debt Financing
Yellow builds cutting edge software to enable its sales force to serve customers in Africa enabling access to off-grid solar.
- Region
- Sub-Saharan Africa
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Colombian Fintech Plurall Acquires Funding to Support Entrepreneurs in Latin America
Plurall, a Colombian Fintech firm that’s focused on enhancing the financial inclusion of Solopreneurs in Latin America, finalized a pre-seed round by securing $1.5 million in equity and $10 million debt financing.
- Categories
- Entrepreneurship
- Region
- Latin America
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Analysis: India’s Agrarian Catastrophe and Farmers’ Rebellion
The origins of the farmer protests are rooted in the economic liberalisation of the 1990s, which pushed the agriculture sector into crisis, causing an epidemic of farmer suicides.
- Categories
- Agriculture
- Region
- Asia Pacific
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Amartha Bags US $50 Million Debt Financing to Provide Working Capital to Female Entrepreneurs in Rural Indonesia
Amartha, an Indonesian P2P lending platform focused on women micro-entrepreneurs, announced today it has secured a US$50 million debt financing from US-based Lendable.
- Categories
- Entrepreneurship
- Region
- South Asia
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2020 MOST INFLUENTIAL ARTICLE CANDIDATE: Liquidity Before Solvency: A Guide for Microfinance Investors in the Time of COVID-19
Among microfinance investors, there's growing concern that the COVID-19 pandemic will push providers toward insolvency, with fewer loans and shrinking portfolios leading MFIs to default on their debt. But Daniel Rozas at e-MFP argues that in a crisis, preserving MFIs’ liquidity must take precedence over maintaining their solvency. To that end, he urges investors to commit to a six-month moratorium on debt repayments from MFIs.
- Categories
- Coronavirus, Finance
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Transaction Volume for Direct Debits Jumps by 54% as More Nigerians Adopt Usage
FINANCIAL SERVICESTransaction volume for Direct debits jumps by 54% as more Nigerians adopt usage
A recent Banking Sector Report by the NBS has disclosed that direct debits increased by 54% in Q3 2020.- Categories
- Finance
- Region
- Sub-Saharan Africa
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