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Rapyd’s $610 Million Deal for PayU Will Assist Its Global Expansion
When the acquisition completes, the newly combined business will be active in over 100 countries with more than 250,000 merchant clients.
- Categories
- Finance, Technology
- Region
- Global
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Traction Raises $6 Million Seed as Nigeria’s Merchant Acquiring Space Continues to Heat Up
The investment was anchored by Pan-African investor Ventures Platform and Multiply Partners, with participation from P1 Ventures and other investors.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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Impact Investors Embrace Measurement Tools, GIIN Reports
While more investors are using impact data to inform their decisions, one headwind is the lack of comparability.
- Categories
- Investing
- Region
- Global
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Microfinance Clients In Groups Report Better Experience Than Individual Borrowers
These insights are from a preliminary look at the latest Microfinance Index (MFI), a survey of microfinance clients conducted by impact measurement company 60 Decibels.
- Categories
- Finance, Impact Assessment, Technology
- Region
- Global
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African Development Fund Approves US $16 Million for Youth Entrepreneurship Investment Bank in Liberia
The bank anticipates supporting over 30,000 youth-led businesses over the next 17 years.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Report: 78% Of India’s Handmade MSMEs Struggle to Access Working Capital, Hindering Cultural Economy Growth
Fifty-five per cent of handmade and craft-based MSMEs do not have clarity on the various financial instruments available in the market and how to access them.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: GIZ and Seedstars Launch Joint Initiative to Boost Financial Inclusion and Innovation in Palestine
Although 60% of adults possess bank accounts in Palestine, a mere 10% utilize credit products, owing to limited financial literacy and inadequate financial offerings.
- Categories
- Finance
- Region
- North Africa & Near East
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Vietnam’s Gimo Raises $17.1 Million in Funding Led by TNB Aura to Fuel Expansion
GIMO, a Vietnam-based FinTech startup, has announced the completion of Series A funding round with total capital raise of up to $17.1 million.
- Categories
- Finance, Technology
- Region
- South Asia
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