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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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Chapa Partners with Telegram to Revolutionize Digital Payments in Ethiopia
This partnership brings a new level of ease and efficiency to the world of e-commerce, benefiting both businesses and consumers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Global Microfinance Index Announces Early Insights, Top Impact Award Winners and 3 New Tools to Access the Data
Now in its second year, 60 Decibels releases 5 key findings from the world's largest financial inclusion index grounded in human voice, ahead of its public report launch later this year.
- Categories
- Finance
- Region
- Global
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African Development Bank Extends €400 Million in Partial Credit Guarantees to Mobilize Funds for ESG Projects in Côte D’Ivoire
The partial credit guarantee will enable Côte d'Ivoire to raise long-term financing from commercial banks, in line with its ESG Framework.
- Categories
- Environment, Impact Assessment, Investing
- Region
- Sub-Saharan Africa
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Visa’s $1 Billion Acquisition of Pismo Expands Footprint in Latin America
The $1 billion purchase of Pismo by Visa is a significant development in the firm’s Latin American expansion plan.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: IFC Partners with Thai Credit Retail Bank to Help Boost Access to Finance for Small Businesses, Women Entrepreneurs in Thailand
Proceeds from the loan will be used to support MSMEs in Thailand, with at least 50 percent earmarked for women-owned or led MSMEs (WMSMEs).
- Categories
- Investing
- Region
- South Asia
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Press Release: IFC Partners with Orange Bank Africa to Increase Digital Lending for Small Businesses in West Africa
According to the World Bank Group's MSME finance gap report, 63 percent of MSMEs in Senegal and 57 percent in Côte d'Ivoire experience constraints when accessing a loan or line of credit.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: India’s Digital Transformation Could Be a Game-Changer for Economic Development
India’s micro, small, and medium enterprises (MSMEs) sector faces a significant credit gap — between $250 billion and $300 billion.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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