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Nigeria-Based Lending Platform FairMoney Pursuing Emerging Markets Strategy With India Launch
Nigeria-based credit-led neobank FairMoney, which aims to give underbanked people access to digital financial services, is pursuing an emerging markets strategy and recently launched in India.
- Categories
- Finance
- Region
- Asia Pacific
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New Alliance Between Itaú and Rappi Will Bring Greater Financial Inclusion to Chile
This agreement aims to revolutionize the local financial market with simple, innovative and unique digital products, allowing an increasing number of individuals to access new financial solutions in an agile and digital way.
- Categories
- Finance
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Svasti Microfinance Raises $4.2 Million
Svasti Microfinance Private Limited (Svasti), an RBI Licensed MFI, has raised a total of INR 310 million from its existing investors Adar Poonawalla, Nordic Microfinance Initiative (NMI) and Rajiv Dadlani Group.
- Categories
- Finance
- Region
- Asia Pacific
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Analysis: Coronavirus Pandemic Spawns Nigeria Banking Agent Boom
When Lagos imposed a lockdown last year, Nigerian civil servant Ruth Oladimeji saw a way to earn extra money. With people unable to visit banks due to the coronavirus pandemic, she became an agent providing local banking services.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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Analysis: In Vaccine Race, Middle Income Nations Are At A Disadvantage. Just Ask Peru.
Peru is classified by the World Bank as "upper middle-income." So it has some money to spend on vaccines but not nearly the financial resources of the U.S., the European Union or even wealthier neighbors like Brazil or Chile.
- Categories
- Coronavirus, Health Care
- Region
- Latin America
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Renewed U.S.-India Climate Cooperation
Mobilizing Foreign Capital for a Green Transition in India
- Categories
- Energy
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AFEX Raises $50 Million for Agri-SMEs, Africa’s First Warehouse Receipt Backed Commercial Paper
AFEX Commodities Exchange Limited (AFEX), Nigeria’s leading private commodities exchange company, has announced the first Warehouse Receipt Backed Commercial Paper in Africa, with tech-enabled operations and a 24-hour fast cash turnaround for borrowers.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Digital Lending Platform KreditBee Secures $75 Million in Series C
Bangalore-based digital lending startup KreditBee has raised US$75m in a Series C funding round, with participation from Premji Invest and others
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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