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MOMO Secures Series D to Become Vietnam’s Next Super-App; Plans to Launch New Startup Fund
Vietnam-based payments app Momo has raised an undisclosed amount in Series D financing, says a DealStreetAsia report.
- Categories
- Entrepreneurship
- Region
- South Asia
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SEC vs Chaka: Regulation May Be Coming to Nigeria’s Investment-Tech Platforms
The consumer side of Nigerian fintech is full of new activity. Digital lenders offer loans in minutes, cryptocurrency first-movers abound, and startups are helping users invest in reliable financial assets.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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Announcing NextBillion’s Most Influential Articles of 2020
At the end of each year, NextBillion selects 12 of our most-read articles from the previous 12 months, then invites readers to vote for the piece that impacted them the most. We've tallied up the votes, and as 2021 begins we're happy to announce our three most influential articles of 2020. We'd like to thank all the guest writers who contributed articles to NextBillion last year, to congratulate the winners and other contestants in this contest, and to thank everyone who took the time to vote. Best wishes for a safe, happy and prosperous 2021.
- Categories
- Coronavirus, Entrepreneurship, Finance
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India’s Cred Raises $81 Million, Buys Back Shares Worth $1.2 Million From Employees
CRED is one of the most talked about startups in India, in part because of the scale at which its valuation has soared and the amount of capital it has been able to raise in such a short period.
- Categories
- Entrepreneurship
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Press Release: Visa and Visa Foundation Extend Support of Minority-Led Small Businesses
“The capital gap for entrepreneurs of color must be closed if we are to achieve inclusive economic growth for everyone, everywhere,” said Graham Macmillan, president, Visa Foundation. “Visa Foundation is privileged to partner with these organizations that are addressing this funding and opportunity gap by helping them to empower women, Black and Latinx entrepreneurs. These grants represent just the beginning of our commitment to allocate capital, both grants and investments, to gender and racially-diverse investors and entrepreneurs."
- Categories
- Entrepreneurship
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2020 MOST INFLUENTIAL ARTICLE CANDIDATE: Unity During the Pandemic: How the Social Enterprise Community is Coming Together to Survive COVID-19
The economic fallout from COVID-19 could increase global poverty by as much as half a billion people. And as Pamela Roussos at Miller Center for Social Entrepreneurship points out, the pandemic is also delivering a heavy blow to the social enterprises that fight poverty around the world. She explores some new and innovative ways these enterprises, and the broader sector, are responding to the crisis.
- Categories
- Coronavirus, Entrepreneurship
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2020 MOST INFLUENTIAL ARTICLE CANDIDATE: Facing Up to Failure: An Open Letter to Entrepreneurs During COVID-19
Leading a startup is hard. Leading a purpose-driven startup is harder. And as Mike Quinn, co-founder of Zoona writes, leading a purpose-driven startup while a deadly global pandemic has shut down the entire economy is almost impossible. In this heartfelt letter, he offers some straight talk – and a surprising silver lining – to help entrepreneurs through this unprecedented time.
- Categories
- Coronavirus, Entrepreneurship
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2020 MOST INFLUENTIAL ARTICLE CANDIDATE: How to Support Entrepreneurs in the Time of Coronavirus
The COVID-19 pandemic is causing falling demand, mandatory store closings, labor shortages and other challenges for businesses around the world – and micro and small businesses are especially vulnerable. How can development organizations help these critical drivers of local economies? Juan Carlos Thomas and Andrea Bettosini at Technoserve provide answers to this question, based on past experience helping businesses weather socio-political upheaval in developing countries.
- Categories
- Coronavirus, Entrepreneurship