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Accion Announces Close of $61.6M Second Accion Venture Lab Fund Investing in Early-Stage Inclusive Fintech
Accion has announced the final close of a $61.6 million fund that will invest in early-stage fintech companies meeting the needs of financially underserved people globally.
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Japanese VCs Launch USD $20 Million Early-Stage Startup Fund for Africa & MENA
The fund will invest in four key sectors: finance, mobility, distribution, and sustainability. Furthermore, it will focus on areas such as mobile payments, microlending, digital retail, logistics, and agri-tech.
- Categories
- Investing
- Region
- North Africa & Near East
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AND Global Raises $21.4 Million to Power Financial Inclusion
This investment will support further development of AND Global’s services, such as digital lending and other fintech solutions, to improve financing access for small businesses, as well as the unbanked and underbanked across Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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Miller Center Capital Supports Altitud to Expand Economic Opportunities for Women in Mexico
For more than a decade, Altitud has provided affordable credit to women who are starting sewing enterprises, which is often their first step toward financial independence.
- Categories
- Investing, Social Enterprise
- Region
- Global
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African Payments Platform HoneyCoin Secures $4.9 Million Funding
Licensed in jurisdictions including the US, Canada, the EU and key African markets, it integrates directly with banks and telecom operators.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Nedbank to Acquire South African Fintech Firm iKhokha for $94 Million
Nedbank aims to boost its SME market presence through enhanced digital and inclusive financial services with the acquisition.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South Africa’s Street Wallet Raises $350K to Bring Cashless Payments to Informal Economy
Founded by Kosta Scholiadis in 2021, Street Wallet is a mobile payment solution built for informal traders and service providers in South Africa.
- Region
- Sub-Saharan Africa
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British International Investment Anchors CRDB Bank’s Landmark Islamic Bond to Promote Financial Inclusion in Tanzania
Tanzania’s first large-scale Islamic bond issued by a private sector institution marks a major milestone in the country’s financial landscape.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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