-
Kotani Pay Secures $2 Million Pre-Seed Funding for Cross-Border Crypto Remittances in Africa
Kotani Pay, a Nairobi-based crypto payments startup, secures $2 million pre-seed funding to facilitate cross-border remittances for underserved populations in Africa.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
-
Anchor Closes $2.4 Million to Scale Banking-As-A-Service for African Businesses
Anchor charges users for accessing the platform, but also takes a cut of every billable transaction.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
Devolut Raises USD $600,000 in Pre-Seed Round to Optimize Returns in Latin American E-Commerce
The round had the participation of Seedstars International Ventures, FJ Labs, Far Out VC, Pareto 20, and Forum VC.
- Categories
- Finance, Technology
- Region
- Latin America
-
BII and FMO Unveil $40 Million Commitment to Dashen Bank, Supporting Ethiopia’s Financial Sector
The innovative facility enables a progressive local bank to expand lending to exporters.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Yunus Was Right — Credit is Indeed a Human Right, and Savings is Important Too: Why the Microfinance Sector Must Avoid the ‘Circular Firing Squad’ and Promote Multiple Approaches to Financial Inclusion
Alex Counts, financial inclusion pioneer and founder of Grameen Foundation, took issue with Jeffrey Ashe’s recent NextBillion article, “Yunus Was Wrong—Savings, Not Credit, is a Human Right.” He argues that, instead of seeing the world through an “either/or” lens, the financial inclusion sector should embrace multiple tools, including credit, savings, insurance and more — and he urges today's changemakers to avoid promoting one social innovation at the expense of others.
- Categories
- Finance, Social Enterprise
-
MFast Gets Backing from Wavemaker Partners to Increase Financial Services Access in Vietnam
MFast announced it has raised $6 million in its Series A funding round, led by Wavemaker Partners.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
-
Goldman Sachs-Backed Digital Bank Starling to Expand in Hotly Competitive Asia-Pacific Market
Starling, which is backed by Goldman Sachs, is in talks with an Asian bank about launching its Engine banking-as-a-service platform in the Asia-Pacific market.
- Categories
- Finance
- Region
- Asia Pacific
-
The Coca-Cola Foundation to Support Under-Represented Entrepreneurs
Kiva assists people who do not have access to commercial bank services to lenders through crowdfunding microfinance.
- Categories
- Agriculture, Environment, Finance, WASH
- Region
- Global