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Indonesia’s Evermos Raises $39 Million Funding Led by IFC to Fuel Business Expansion
Evermos said it will channel this latest funding towards strengthening its reseller network.
- Categories
- Investing
- Region
- South Asia
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Dispute Between Nigerian Banks and Telcos Over $260 Million USSD Debt Threatens Financial Inclusion
The clash between Nigeria’s banks and telcos over accumulated debts for USSD services risks disrupting essential mobile money services for millions of Nigerians.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific
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Press Release: Latin American Fintech Kiwi Raises $80 Million to Provide Underbanked Consumers with Credit Access in the U.S.
Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, announced that it has closed a credit facility and funding round.
- Categories
- Finance, Technology
- Region
- Latin America
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Asian Development Bank Investing $25 Million in Private Equity Fund to Grow Middle-Market Companies in Southeast Asia
The multilateral lender signed a $25 million equity investment in the private equity fund managed by Singapore-headquartered investment firm Exacta.
- Categories
- Education, Finance, Health Care, Investing
- Region
- South Asia
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Tyme Raises $77.8 Million to Fuel Global Expansion
Tyme, a global digital bank and the parent of South Africa's TymeBank has secured $77.8 million from Norrsken22 and Blue Earth Capital.
- Region
- Sub-Saharan Africa
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Blockchain-Based Lending Startup Jia Raises $4.3 Million for Expansion
Jia intends to use the newly acquired cash to further develop its operations in Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, lending, MSMEs
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M-Kopa Snaps up $250 Million+ Debt, Equity for Its Asset Financing Platform
M-KOPA, the asset financing platform that offers underbanked African customers access to “productive assets” and the ability to pay for them via digital micropayments, has secured more than $250 million in new funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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