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Blockchain Startup Aimed at Financial Inclusion Secures $25 Million Dollar Capital Commitment
Finance Blocks will focus on emerging markets and the unbanked.
- Categories
- Finance, Technology
- Region
- Global
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Dock Receives $110 Million In Funding for Its Digital Payment and Banking Platform
Dock offers a full-stack platform that offers solutions to both payments and digital backing, covering the entire ecosystem.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: Zubale Receives $40 Million Series A to Help Retailers Win E-commerce Battle in Latin America
With this capital, the company will continue investing in technology, expand to Brazil and Chile, and launch embedded finance products.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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Banco de la Nación Del Perú Goes Live With Temenos to Accelerate Financial Inclusion in Peru
These accounts were created with the identification number (DNI) of each citizen, as part of the Yanapay Individual Economic Support program to provide government relief funds in response to the COVID-19 pandemic.
- Categories
- Finance
- Region
- Latin America
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Kuhoo Gets $20 Million in Fresh Funding From Westbridge Capital
Kuhoo is now looking to partner with banks and non-banking finance institutions (NBFCs) along with top colleges in India to provide credit to students.
- Categories
- Education
- Region
- Asia Pacific
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BBVA to Invest $300 Million in Brazil’s Virtual Bank Neon
BBVA has reportedly agreed to invest $300 million (around €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims “to improve access to financial services for individuals, self-employed and small businesses in its country.”
- Categories
- Finance
- Region
- Latin America
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India’s Unconventional COVID-19 Recovery: How Platformization and Digitalisation Can Build an Inclusive Post-Pandemic Economy
Most of India's labour force is employed in the informal sector, and these workers have faced unique challenges during the COVID-19 pandemic: Over 78% of them lost their livelihoods in the initial lockdown, and many remain unemployed or underemployed. But Chhavi Banswal at Ola Mobility Institute highlights a silver lining behind these dark clouds – accelerated digitalisation and platformization. She explores how gig/platform workers have become a key part of the country's economy, and discusses a recent report showing how digital platforms can expand employment opportunities for all.
- Categories
- Entrepreneurship, Finance, Technology
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Local Context Matters: Why Localization is Key to Accelerating Financial Inclusion in Africa
Mobile technology has proven to be an effective tool for broadening financial inclusion in Africa. But as Kenny Orisanaiye at HollaTags Limited points out, the continent’s cultural diversity complicates these efforts, as Africa has several thousand ethnic groups and over 2,000 distinct languages. He explores how financial service providers can design innovative solutions to this challenge by embracing localization and adapting their products and user engagement content to serve the specific cultural requirements of the African market.
- Categories
- Finance, Technology
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