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Gpay Raises Series a From KB Financial to Expand Its E-Wallet Platform in Vietnam
The fresh funds will be used to expand Gpay's team and customer base and also upgrade its tech solutions
- Categories
- Entrepreneurship
- Region
- South Asia
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Bazaar, Pakistan-Based B2B E-commerce Marketplace Raises $6.5 Million in One of Region’s Largest Seed Rounds Building the Organization’s Long-Term Business Growth.
Bazaar, a Pakistan-based B2B ecommerce startup that had launched just eight months ago to digitize traditional retail in Pakistan, has raised $6.5 million in one of the region’s largest seed rounds.
- Categories
- Investing
- Region
- Asia Pacific
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MSME E-Commerce Enabler Shopmatic Sees 40% Revenue Growth Amid COVID; Aims to Turn Cash Positive in 2021
Ease of Doing Business for MSMEs: Shopmatic had acquired CombineSell in October 2019 and Octopus Retail Management in March 2019 while it had partnered with PayU, OnlineSales.ai, United Overseas Bank - Singapore, and CIMB Bank - Malaysia to help SMEs enhance their omnichannel presence.
- Categories
- Coronavirus, Entrepreneurship
- Region
- Asia Pacific
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An Unlevel Playing Field: Why Small Businesses Face Disadvantages in Digital Commerce – and How Inclusive Tech Innovations Could Help
One reason COVID-19 has been so damaging to global micro and small enterprises (MSEs) is that consumers have shifted towards purchasing online – a change that has mainly benefited large corporations. According to Malika Anand at BFA's Catalyst Fund, making digital commerce more inclusive could help these businesses survive and grow in the long term. She shares research from Ghana that highlights several promising opportunities for digital commerce innovations that can benefit informal MSEs.
- Categories
- Coronavirus, Finance, Technology
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A Boon for Online Commerce: How COVID-19 is Transforming the Industry in Bangladesh
COVID-19 has been merciless to the world and its economy in general. But according to analysts at MicroSave (MSC), it has boosted a few sectors – like digital/contactless payments, e-commerce and Facebook commerce (or f-commerce). They explore how the pandemic is accelerating the online commerce industry in Bangladesh, and how regulators and other stakeholders can support its growth.
- Categories
- Coronavirus, Finance, Technology
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After Fintech, Jumia Is Betting on Spinning off Its Logistics Arm To Deliver Profits
When it first launched in Nigeria in 2012, Jumia quickly realized just how much work was needed to build a logistics service that could enable its e-commerce ambitions across the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Digital Access Matters: The Benefits of Bringing High-Speed Internet To Low-Income Communities During COVID-19
The COVID-19 pandemic has led people around the world to work and shop from home – but as Dirk-Jan Koeman and Kara Ing at Poa Internet point out, this is easier for some than others. For instance, in densely-populated urban areas in Kenya, the lack of high-speed internet makes working from home almost impossible. They discuss how Poa is bringing these households online, and share research on how these newly connected customers are using the internet.
- Categories
- Coronavirus, Entrepreneurship, Technology
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Catalyst Fund, Mastercard Foundation, MEST Launch $4.3 Million Inclusive Digital Commerce Accelerator in Ghana
Catalyst Fund has partnered the Mastercard Foundation and MEST to launch its Inclusive Digital Accelerator programme in Ghana, the first expansion of its flagship inclusive fintech programme.
- Categories
- Entrepreneurship, Finance, Investing
- Region
- Sub-Saharan Africa
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