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Fintech for Gig-Workers OCN Raises $86 Million
OCN is the leading Fintech for gig workers across the Americas.
- Categories
- Finance, Technology
- Region
- Latin America
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BranchX Becomes India’s First Neobank to Launch ONDC Loans for Financial Inclusion
This initiative marks a significant step towards financial inclusion for India’s 1.4 billion people.
- Categories
- Finance
- Region
- Asia Pacific
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NALA Raises $40 Million to Build Cross-Border Payments for Emerging Markets
The new funding will accelerate NALA's global ambitions on its consumer business expanding beyond Africa, and building services for the global migrant diaspora.
- Region
- Sub-Saharan Africa
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Tiger Global-Backed Minka Is the Latest Latin American Fintech to Set up Shop in Africa
Minka’s arrival in East Africa follows a trend of Latin American fintech companies expanding into Africa.
- Categories
- Finance, Technology
- Region
- Global
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Norfund Invests $20 Million in APIs Growth Markets Fund III to Propel Fintech Expansion in Developing Economies
Norfund aims to address the financial needs of underserved populations by broadening its investment strategy to include fintech ventures.
- Categories
- Finance, Technology
- Region
- Global
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Report: Global Remittances Slowed in 2023, Seen Rising in 2024 — World Bank
Remittances remained a crucial source of external finance for developing countries in 2023, bolstering the current accounts of several countries grappling with food insecurity and debt issues.
- Categories
- Finance, Technology
- Region
- South Asia
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Rethinking Credit Scoring: A Pay-As-You-Go Pioneer Explores Innovative Solutions in Africa
The ability to make life-changing purchases — from buying a home to setting up a business — usually relies upon acquiring credit. But as Mansoor Hamayun at Bboxx explains, in many emerging markets, it’s incredibly difficult for the average citizen to obtain a credit score. He explores the obstacles to credit scoring in Africa, and discusses how Pay-As-You-Go financing of solar products — combined with innovative approaches to consumer subsidies — can be leveraged to boost access to credit scores and essential financial services in underserved communities.
- Categories
- Finance
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Malaysia’s Paywatch Secures $30 Million Funding From a Mix of Equity and Credit Facilities
This is the largest funding round closed by an Malaysia-based earned-wage access (EWA) player in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia