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Bhub Secures $20 Million to Become LatAm Companies’ Back-Office Administrator
BHub announced Tuesday that it took in a new round of capital just three months after receiving $4.4 million in pre-seed investment to offer full back-office SaaS for small and medium businesses in Latin America.
- Categories
- Finance
- Region
- Latin America
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Visa and Belvo Combine Efforts To Develop New Open Finance Capabilities in LataAm
Belvo, the open finance API platform in Latin America has partnered with Visa, the global paytech, to drive open finance in the region. The announcement follows Visa’s investment in Belvo’s Series A funding round which saw $43million raised.
- Categories
- Finance
- Region
- Latin America
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India’s Unconventional COVID-19 Recovery: How Platformization and Digitalisation Can Build an Inclusive Post-Pandemic Economy
Most of India's labour force is employed in the informal sector, and these workers have faced unique challenges during the COVID-19 pandemic: Over 78% of them lost their livelihoods in the initial lockdown, and many remain unemployed or underemployed. But Chhavi Banswal at Ola Mobility Institute highlights a silver lining behind these dark clouds – accelerated digitalisation and platformization. She explores how gig/platform workers have become a key part of the country's economy, and discusses a recent report showing how digital platforms can expand employment opportunities for all.
- Categories
- Entrepreneurship, Finance, Technology
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The Ins and Outs of Launching a Digital Savings Product in Kenya: Regulatory Guidance for Fintech Startups
Kenya is among the most advanced markets in the world in terms of fintech innovation and digital financial services. But according to Abby Butkus at BFA Global's Catalyst Fund, this innovation has yet to extend to digital savings, where the uncertain regulatory environment requires startups to be creative in their approach. She discusses four ways startups are approaching the regulatory process for their digital savings products, and shares a set of guides Catalyst Fund has released to aid founders in navigating the regulatory environments in Kenya and other countries.
- Categories
- Finance, Technology
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Indonesian Fintech Flip Secures $48 Million in Series B To Support Expansion
Flip, an Indonesia-based fintech startup, announced it has raised $48 million in a Series B to accelerate its growth.
- Categories
- Finance
- Region
- South Asia
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Microfinance for Better Housing: How the Sector Can Serve Low-Income Borrowers in India and Other Emerging Markets
In most emerging countries, populations are growing and the numbers moving into cities are rising even faster. Providing housing for these often low-income individuals has become a huge global challenge. But as development sector researcher Moin Qazi points out, these borrowers' lack of credit history, collateral and property rights makes it difficult for both traditional commercial lenders and microfinance providers to serve them. He explores the challenges facing housing microfinance in India and other emerging markets, and highlights some solutions.
- Categories
- Finance
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Asilimia Secures $2 Million To Build the Financial Infrastructure of Africa’s Informal Economy
Asilimia, a startup that is building the digital infrastructure to connect African MSMEs to the formal financial economy, has secured $2 million.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Analysis: Expanding Access to Trade Finance Is Necessary for SMEs in Africa
When it comes to enhancing access to trade finance for African small and medium-sized enterprises (SMEs), current challenges call for innovative solutions.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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