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Ventures Platform, Hustle Fund Back Nigerian Fintech Brass in $1.7 Million Round
Aside from full-stack financial needs, including credit, small and medium businesses require other essential resources to understand their financial operations. Brass is a Nigerian fintech tackling these challenges by providing banking services to small and medium businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Shifting from Financial Inclusion to Financial Health: Strategic Focus Areas for Providers and Other Stakeholders
In the past decade, 1.2 billion people around the world have obtained a financial account. But according to Nishant Kumar and Sonal Agrawal at Lakshya, this growing financial inclusion isn't leading to similar gains in financial health – and addressing this challenge will require stakeholders to boost engagement on the demand side rather than just maximizing supply-side efficiency. They propose three key strategic focus areas for improving global financial health, and explore how they differ from the approaches taken to boost financial inclusion.
- Categories
- Finance
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Alsoug Raises $5 Million in First Foreign Funding Into Sudanese Tech in 30 Years
While an African country like Nigeria has recorded close to 50 investment deals this year alone, this investment round marks the first foreign venture capital investment into the Sudanese tech ecosystem.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Asante Closes First Tranche of $7.5 Million Series a Funding to Bridge the Gap in MSMEe Lending in Africa
Asante Financial Services Group announces $7.5 million Series A investment anchored by Goodwell Investments with participation by other investors including Sorenson Impact Foundation and Forsage Holdings.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Mastercard partners with Digital PayGo to drive secure payments for SMEs in Zambia
Mastercard has partnered with Zambian-based fintech company, Digital PayGo, to launch a new merchant mobile payments solution, which will enable Small and Medium Enterprises to safely make and receive digital payments through various online channels.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Tala, Fintech for the Underbanked, Raises $145 Million To Expand Globally and Into Crypto
Fintech start-up Tala has raised $145 million in a Series E funding round that the company intends to use to expand borrow, save and money management options across Kenya, the Philippines, Mexico, India and the United States, including crypto offerings.
- Categories
- Finance
- Region
- Global
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Digital Finance for Climate Resilience: An Urgent Opportunity for Startups and Stakeholders in Emerging Markets
The consequences of climate change are no longer hypothetical scenarios or predictions – they are a global reality, and they’re getting worse, especially for the poor and vulnerable. But according to Malika Anand at BFA Global's Catalyst Fund, this crisis presents an opportunity for digital finance to power greater climate resilience. She explores several types of climate resilience solutions, and shares a framework to help both digital finance and climate stakeholders begin allocating more resources toward these solutions in emerging markets.
- Categories
- Environment, Finance
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Analysis: Google’s $1 Billion Africa Investment Sparks Tax Debate
Google's plans to invest $1 billion in Africa's tech infrastructure and talent over the next five years has sparked a debate over big tech's tax obligations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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