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Dopay Raises $18 Million Series A Round
Dopay, the innovative B2B2C payments platform serving 1.7bn unbanked workers in emerging markets, has closed a US$ 18 million Series A funding round.
- Categories
- Finance, Technology
- Region
- Global
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Commerce Platform ShopUp Raises $75 Million in Largest Funding Round in the South Asian Market
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market.
- Categories
- Investing
- Region
- Asia Pacific
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Pera Hub Teams up With Brankas To Introduce Digital Remittance Platform in Southeast Asia
The platform based in the Philippines will aim to offer tech services to an array of companies and businesses online remittance services.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Nokia, Safaricom and UNICEF Partner To Connect Schools to the Internet Across Kenya
Nokia has come together with multiple stakeholders, including Safaricom, UNICEF and the Kenyan Ministries of Education and ICT, to connect close to 90 schools to the Internet in Kenya.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
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Cameroon’s Maviance to Digitise Payments Across Central Africa With $3 Million Funding
Per recent reports, the $3 million investment was solely from MFS Africa, an African fintech company that connects mobile money systems to banks and other financial institutions.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Mastercard and Billetera Partner to Drive Digital Financial Inclusion in Democratic Republic of Congo
Mastercard has announced partnering with Billetera, a leading digital payments technology company headquartered in Kenya, to provide unbanked and financially excluded residents in the Democratic Republic of Congo (DRC).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Global VC Firm Learn Capital Leads USD $16.5 Million Round in Bengaluru-Based Edtech Teachmint
The year-old company competes with startups like Teacherr, ODA Class, eduZilla, SkoolApp, and Classplus among others.
- Categories
- Education
- Region
- Asia Pacific
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Adapting to Survive: New Study Reveals the Importance of Digital Payments to Small and Micro Businesses in Mexico
An estimated 95% of businesses around the world are micro, small and medium enterprises, and they've been hit particularly hard by the COVID-19 crisis. Devin Olmack and Ashley Speyer at 60 Decibels discuss a new study of 750+ small and micro businesses owners in Mexico, which illustrates how digital payments can help these businesses grow and weather unpredictable storms like the pandemic. They share personal stories of small business owners who have benefited from digital payment systems, and detail some remaining obstacles and opportunities for growth.
- Categories
- Coronavirus, Finance
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