-
PhonePe Raises $350 Million From General Atlantic at $12 Billion Valuation
Walmart-owned PhonePe on Thursday said it has $350 million in its latest funding round from General Atlantic at a pre-money valuation of $12 billion.
- Region
- Asia Pacific
-
Colombian Proptech Unicorn Habi Obtains $6.3 Million Credit Line
With these funds, Habi will strengthen its operations and portfolio in Colombia.
- Categories
- Technology
- Region
- Latin America
- Tags
- digital finance, housing, startups
-
KYC is a Journey, Not a Destination: The Value of Know-Your-Customer Innovation for African Tech Startups
Identity theft is increasingly common in Africa, and the problem is likely to get worse. According to Lanre Ogungbe at Identitypass, digital access is expanding rapidly on the continent, and tech startups are under pressure to create frictionless signup processes for new users, which sometimes comes at the expense of better security. He argues that this has created an urgent need for better Know Your Customer (KYC) processes, and explores why tech startups should view KYC not as a regulatory obligation, but rather as an opportunity for innovation that can improve their products, protect their customers and increase their business success.
- Categories
- Finance, Technology
-
World Bank Provides $250 Million for Indonesia Digital ID for Public and Private Service Access
The funding will strengthen Indonesia's civil registration and increase the use of biometric digital identification for accessing public and private sector services.
- Categories
- Technology
- Region
- South Asia
-
Announcing NextBillion’s Most Influential Articles of 2022
NextBillion’s “Most Influential Article of the Year” contest has concluded, and after tallying the votes, we’re excited to announce the three winners, as selected by our readers. Congratulations to the winners and their organizations! And many thanks to the other contestants, to all our guest writers from the past year – and also to the unsung heroes: the comms teams that play a key role in facilitating many of our articles.
- Categories
- Entrepreneurship, Finance, Technology
-
Moneyview Raises $75 Million in a Series E Funding Round in India
The proceeds of this capital raise will be used as growth capital to scale the core credit business.
- Categories
- Finance, Technology
- Region
- Asia Pacific
-
Announcing NextBillion’s Most Influential Articles of 2022: Vote for Your Favorite!
It's time for NextBillion's “Most Influential Article of the Year” contest, in which we select our 12 most-read articles from the past year and invite readers to choose their favorites. We welcome you to read the articles and to vote by scrolling down to the voting app at the bottom of this announcement — or at the individual articles in the contest, which are linked in this announcement and posted on our homepage. You can vote up to one time per hour during the voting period, which will run from Dec. 21 to Jan. 3. We wish you a happy holiday season and a prosperous new year!
-
Press Release: With Focus on Africa, New DFC and Mastercard Collaboration to Provide up to $50 Million in Potential Financing to Enable Digitization and Financial Inclusion
DFC seeks to support potential investments of up to $50 million in organizations within the Community Pass network.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.