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This Neobank for India’s Small Businesses Just Raised $31 Million Led by Sequoia Capital
FloBiz, focused on small and medium businesses in India, has raised $31 million in a Series B funding round, led by venture capital firm Sequoia Capital India, along with Think Investments.
- Categories
- Finance
- Region
- Asia Pacific
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Dopay Raises $18 Million Series A Round
Dopay, the innovative B2B2C payments platform serving 1.7bn unbanked workers in emerging markets, has closed a US$ 18 million Series A funding round.
- Categories
- Finance, Technology
- Region
- Global
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Analysis: How the Cloud Is Helping Drive Financial Inclusion in India
By using a secure cloud infrastructure, digital banking providers can look to reduce infrastructure complexity and improve their security posture. In the process, they will be able to free up in-house IT teams to use their talent for higher-value tasks.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Asian Development Bank and BlueOrchard Sign a $50 Million Risk-Sharing Agreement to Bolster Microfinance
ADB's flagship fund, BlueOrchard Microfinance Fund, will invest in selected microfinance institutions (MFIs) and banks.
- Region
- Global
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Analysis: Meeting the Crypto Regulatory Challenge
Cryptocurrency adoption has soared during the COVID-19 pandemic, as everyone from private investors and public companies to underbanked individuals realised the benefits of digital currencies.
- Categories
- Finance, Technology
- Region
- Global
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Analysis: Scepticism Grows in El Salvador Over Pioneering Bitcoin Gamble
El Salvador will be first to adopt cryptocurrency as legal tender next month – but economists are sounding warnings over risks.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Innovative Financing for the Sustainable Development Goals
The Executive Secretary at the United Nations Economic and Social Commission for Asia and the Pacific shares why more needs to be done to harness the potential of innovative financing for the SDGs.
- Region
- Global
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FV Bank Raises $8 Million Series A Funding
Headquartered in Puerto Rico, FV Bank will utilize the funding to launch a digital asset custody solution, a debit card along with international expansion.
- Categories
- Finance, Technology
- Region
- Latin America