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Indian SaaS Fintech Mintoak Bags $20 Million in Series A Funding
Mintoak will also focus on strengthening its presence in India and expanding into new markets across the Middle East, Africa and Southeast Asia.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, fintech, MSMEs
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M-Pesa Eyes the Global Remittances Trillion-Dollar Market
The Kenyan fintech behemoth is ramping up an ambitious expansion drive to woo markets in the global North.
- Categories
- Finance
- Region
- Global
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Smile Identity Lands $20 Million Series B for Pan-African Expansion
Africa's leading KYC onboarding and identity verification platform, Smile Identity has secured a $20 million Series B to grow its team and expand its offering across Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance
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Oikocredit Invests $5 Million in Yellow to Support Growth of Solar Home Systems in Africa
funding will enable Yellow to strengthen its operations in four countries in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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QUASH.ai Receives $3.7 Million Investment to Expand Reach in Latin America
The new capital will enable QUASH to expand its reach and provide its services to over 1,000 financial institutions in the next three years.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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Asian Development Bank and Cambodia Post Bank Sign $10 Million Loan to Support Recovery of MSMEs From Pandemic
The loan will expand access to finance, and at least 50% of the proceeds are marked to finance MSMEs led by women.
- Categories
- Finance, Health Care
- Region
- South Asia
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Partners to Unleash Financial Inclusion in Rural Senegal
The new partnership aims to increase access to digital and financial services and products across rural areas of Senegal.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa