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The Ins and Outs of Launching a Digital Savings Product in Kenya: Regulatory Guidance for Fintech Startups
Kenya is among the most advanced markets in the world in terms of fintech innovation and digital financial services. But according to Abby Butkus at BFA Global's Catalyst Fund, this innovation has yet to extend to digital savings, where the uncertain regulatory environment requires startups to be creative in their approach. She discusses four ways startups are approaching the regulatory process for their digital savings products, and shares a set of guides Catalyst Fund has released to aid founders in navigating the regulatory environments in Kenya and other countries.
- Categories
- Finance, Technology
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Aplazo Takes in $27 Million To Increase Adoption of ‘Buy Now, Pay Later’ in Mexico
Four months after securing a $5.25 million seed round, Mexican buy now, pay later startup Aplazo is back with an even bigger round to expand adoption of the payment plan approach across that country.
- Categories
- Finance, Technology
- Region
- Latin America
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Alsoug Raises $5 Million in First Foreign Funding Into Sudanese Tech in 30 Years
While an African country like Nigeria has recorded close to 50 investment deals this year alone, this investment round marks the first foreign venture capital investment into the Sudanese tech ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Mastercard partners with Digital PayGo to drive secure payments for SMEs in Zambia
Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution, which will enable Small and Medium Enterprises to safely make and receive digital payments through various online channels.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Digital Finance for Climate Resilience: An Urgent Opportunity for Startups and Stakeholders in Emerging Markets
The consequences of climate change are no longer hypothetical scenarios or predictions – they are a global reality, and they’re getting worse, especially for the poor and vulnerable. But according to Malika Anand at BFA Global's Catalyst Fund, this crisis presents an opportunity for digital finance to power greater climate resilience. She explores several types of climate resilience solutions, and shares a framework to help both digital finance and climate stakeholders begin allocating more resources toward these solutions in emerging markets.
- Categories
- Environment, Finance, Telecommunications
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Nigeria’s War on Tech
In a nation struggling with widespread unemployment and poverty, Nigeria’s rapidly expanding tech industry is one of the few beacons of hope for upward mobility, especially amongst the youth.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, startups
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Backed by Greycroft, Klasha Gets $2.4 Million To Improve Cross-border Commerce in Africa
Klasha, a Lagos and San Francisco-based startup, sees a niche in cross-border commerce and provides multiple integrations and APIs to facilitate transactions in that space.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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