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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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International Investors Raise $34.5 Million for Digital Finance Firm Serving Indian MSMEs
FlexiLoans seeks to improve access to financial resources for millions of micro and small-scale entrepreneurs who are excluded from traditional lending, because they lack a conventional credit history.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Solving the Funding Challenges of Indian MSMEs: The Advantages of Founder-Friendly Non-Dilutive Financing
About 30% of India’s GDP is generated by micro, small and medium enterprises (MSMEs), which provide jobs for more than 110 million people and account for around 50% of the country’s exports. But as Bhavik Vasa at GetVantage points out, a drop in private equity and venture capital investments has led many of these entrepreneurs to shift towards more founder-friendly types of non-dilutive capital. He discusses the funding challenges facing Indian MSMEs, and why alternative forms of non-dilutive financing are uniquely suited to these businesses' needs.
- Categories
- Finance, Investing, Technology
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Stripe to Soon Allow US Retailers to Sell Directly to Nigerians
Stripe is the biggest private fintech currently valued at $70 billion, according to its latest internal valuation, known as a 409a.
- Categories
- Finance, Technology
- Region
- Global
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