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IFC Invests $7 Million Into Philippine Technology Firm First Circle
First Circle’s innovative credit systems provide SMEs with higher credit limits, flexible repayment options, and the lowest unsecured pricing in the market.
- Categories
- Finance, Technology
- Region
- South Asia
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KaiOS, Mastercard Partner to Enable Digital Payments for SMEs
The companies said in a joint statement that KaiOS's affordable smart feature phones will leverage Mastercard's payment technology and global network to drive acceptance and support the growth of the digital economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India Payments Authority Eyes Africa, South America for Digital Payment Push, Official Says
The NPCI, a quasi-regulator under the central bank, is a public non-profit organisation for retail payment systems in India.
- Categories
- Finance
- Region
- Global
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Elon Musk’s Starlink Shakes up Competition in Africa
Starlink’s satellite internet rollout across Africa is sparking complaints of unfair competition from telecommunications companies and internet service providers.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
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Send App by Flutterwave Extends Remittance Reach to 49 U.S. States With Mainstreet Bank Partnership
Remittances to Africa have doubled over the last decade, reaching an estimated $100 billion in 2022.
- Categories
- Finance, Technology
- Region
- Global
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Egypt-Born FlapKap Raises $34 Million Pre-Series A to Scale SME Financing Across MENA
FlapKap aims to continue to address a major challenge in the MENA region, where the SME financing gap is estimated at $180 billion, per the International Finance Corporation.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Puntored Raises $2 Million From Stellar Development Foundation
Puntored will use the funds to expand its technological capabilities and enable cross-border transactions across Latin America through the Stellar blockchain network.
- Categories
- Finance, Technology
- Region
- Latin America
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Mastercard Selects India for the Global Launch of Its Payment Passkey Service, Accelerating Secure Online Checkout for Millions of Shoppers
Payment passkeys speed up transactions using biometrics, enhancing security and convenience for consumers and businesses.
- Categories
- Finance
- Region
- Asia Pacific
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