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Press Release: Goodwell Enters the Ugandan Market With Investment in the Agent Banking of Company Uganda Ltd (ABC)
The funding will enable ABC to pursue ambitious goals for growth, including expanding its client base, increasing agent coverage, and deploying new services.
- Region
- Sub-Saharan Africa
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GOGLA and e-MFP Forge Strategic Partnership to Drive Financial Inclusion and Off-Grid Solar Expansion
Leaders in the off-grid solar industry and financial inclusion sectors across the Global South are joining forces to expand access to financial services, promote the productive use of off-grid solar energy solutions and help clients grow their livelihoods.
- Categories
- Energy, Technology
- Region
- Global
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International Investors Raise $34.5 Million for Digital Finance Firm Serving Indian MSMEs
FlexiLoans seeks to improve access to financial resources for millions of micro and small-scale entrepreneurs who are excluded from traditional lending, because they lack a conventional credit history.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Senegalese Fintech Startup Rubyx Secures $440,000 Loan From Proparco
Rubyx has developed a cloud-native, API-driven digital lending platform that enables service providers to rapidly launch innovative loan products and meet the evolved expectations of borrowers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigerian Investment Fintech Rise Completes Acquisition of Kenya’s Hisa
Rise, a Nigerian fintech that gives customers access to selected global investments, has acquired Hisa, a Kenyan investment startup.
- Region
- Sub-Saharan Africa
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Kredete Raises $2.25 Million to Help African Immigrants Build Credit Score and Make Low-Cost Remittances
Kredete leverages blockchain technology to enable African immigrants to build credit and send money home with low fees, offering a dual benefit that addresses significant financial integration challenges for immigrants.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Egypt-Born FlapKap Raises $34 Million Pre-Series A to Scale SME Financing Across MENA
FlapKap aims to continue to address a major challenge in the MENA region, where the SME financing gap is estimated at $180 billion, per the International Finance Corporation.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenya’s Digital ID Rollout Holds Trust, Transparency Lessons: CFI Report
The report argues that transparency has been inadequate in Kenya’s digital ID initiatives, and that “(t)he terms of donor engagement and vendor contracts are unclear.”
- Categories
- Technology
- Region
- Sub-Saharan Africa