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Report: Fintech Funding in Southeast Asia Triples to Record $3.5 Billion This Year
Financial technology funding in Southeast Asia jumped more than three times in the first nine months of this year compared with full-year 2020, reaching a record $3.5 billion, a report showed.
- Categories
- Finance, Technology
- Region
- South Asia
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Local Context Matters: Why Localization is Key to Accelerating Financial Inclusion in Africa
Mobile technology has proven to be an effective tool for broadening financial inclusion in Africa. But as Kenny Orisanaiye at HollaTags Limited points out, the continent’s cultural diversity complicates these efforts, as Africa has several thousand ethnic groups and over 2,000 distinct languages. He explores how financial service providers can design innovative solutions to this challenge by embracing localization and adapting their products and user engagement content to serve the specific cultural requirements of the African market.
- Categories
- Finance, Technology
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Fidelity, Visa and Kingsway Back South African Fintech Jumo in $120 Million Round
JUMO, a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Emerging Markets Lender Lendable Seeks $100 Million to Fund Fintech Companies
Emerging markets fintech financier Lendable is targeting to raise a $100 million fund to invest in African and Asian fintech companies.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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South Africa API Fintech Stitch Expands to Nigeria; Extends Seed Round to $6 Million
South African API fintech startup Stitch has extended its seed round to US$6 million from the US$4 million announced earlier in the year, and at the same time confirmed its expansion into Nigeria.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Digitalisation of Financial Service Providers To Serve Low-income Customers
The World Savings and Retail Banking Institute (WSBI)’s programme for financial inclusion, Scale2Save, launched ‘A case study on connecting with low-income customers through digitalisation.’
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Financial Uncertainty in America: 2021 Financial Health Pulse Shows Government Aid Improved Financial Health but Gains at Risk as Relief Programs Subside and Pandemic Lingers
Two-thirds of Americans are still financially unhealthy with particular challenges facing women, LGBTQ+ communities, and people with disabilities; inequities remain by race and gender
- Categories
- Finance
- Region
- Global
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Press Release: Airtel Africa Launches Its Long-term Sustainability Strategy, Building on Its Corporate Purpose To Transform Lives
Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, today launched a comprehensive sustainability strategy which sets out its detailed plans to improve the lives of millions of people across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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