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Oze Secures New Funding to Expand Lending Management Solution Across Africa
The undisclosed round will support the company’s efforts to scale its Lending Management System (LMS), a solution designed to help financial institutions provide unsecured digital loans to small businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, digital finance, fintech, lending, microfinance, MSMEs, scale
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Nigeria-Born Banking Startups Target Emerging Market Gig Workers
The startups are not banks in themselves, but partnerships with lenders licensed by central banks make them de facto digital banks.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Safaricom Ethiopia’s M-PESA Revenue Dips Despite 245% Jump in Registrations
Safaricom launched M-PESA in Ethiopia in August 2023 with Kenya extending its M-PESA Global service to the country to facilitate cross-border money transfers.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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South Africa’s Fintech Scene: NjiaPay Raises USD $1 Million and 6DOT50 Enables Crypto Car Payments
NjiaPay, a South African fintech company, raised USD 1 million in a pre-seed funding round.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Veon Group Invests $15 Million in Mobilink Bank for Growth and Tech Advancements in Pakistan
The capital aims to bolster Mobilink Bank’s efforts in expanding its services in Micro, Small, and Medium Enterprise (MSME) financing.
- Categories
- Investing
- Region
- North Africa & Near East
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WhatsApp Pay Becomes Available For All Users In India
With WhatsApp's massive user base of over 500 million in India, this development could significantly alter the competitive landscape of digital payments.
- Region
- Asia Pacific
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dLocal and Zepz Forge Strategic Partnership to Enhance Cross-Border Payments in Emerging Markets
This collaboration seeks to address the significant challenges these regions face due to limited banking access and the high costs associated with cross-border payments.
- Categories
- Finance
- Region
- Global
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One Village at a Time: A Women-Led Model for Bringing Digital Services and Financial Inclusion to Rural Bangladesh
Women customers constitute a huge market in rural Bangladesh, where many men have migrated to cities or foreign lands in search of work. Garima Singh at FinValue Advisors explores how the Bangladeshi financial services company Zaytoon Business Solutions is expanding access to digital financial and government services in rural communities — while boosting women's empowerment and employment — by extending its agent network to include "village digital booths" staffed by local women.
- Categories
- Finance
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