-
Malawi Gets $14.2 Million Grant for Financial Digitalisation
The African Development Fund (ADF) and the government of Malawi have signed a grant agreement for $14,2-million to undertake infrastructure upgrades and create a more efficient and transparent digital payment system.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
BBVA to Invest $300 Million in Brazil’s Virtual Bank Neon
BBVA has reportedly agreed to invest $300 million (around €263 million) in Neon, a Brazilian digital bank founded in 2016 that aims “to improve access to financial services for individuals, self-employed and small businesses in its country.”
- Categories
- Finance
- Region
- Latin America
-
Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
-
Apollo Hybrid Value to Invest $125 Million in Hero FinCorp, One of India’s Fastest Growing Non-Bank Financial Companies
Apollo announced that funds within its Hybrid Value strategy have committed to invest $125 million in Hero FinCorp Limited.
- Region
- Asia Pacific
-
SatSure Raises $5 Million in Pre-Series A round from Baring PE India, ADB Ventures, Others
Bengaluru-based SatSure will use the capital towards expanding its footprint in Southeast Asia and accelerating its product development, including launching its proprietary payloads to Low Earth Orbit.
- Categories
- Finance
- Region
- South Asia
-
U GRO Capital Gets Funding From responsAbility
U GRO Capital raised its first impact focused debt investment of Rs 138 crore from funds managed/advised by Switzerland based investor responsAbility.
- Categories
- Uncategorized
- Region
- Asia Pacific
-
Cassava, Nigeria’s Insurtech, Raises $4 Million for Affordable Insurance to Nigerians, Africans
Nigeria’s first full-fledged digital insurance company, Casava, has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.
- Categories
- Finance
- Region
- Sub-Saharan Africa
-
Nestcoin Raises $6.45 Million in Pre-Seed Capital to Accelerate Crypto and web3 Adoption in Frontier Markets
Nestcoin, a company building, operating, and investing in web3 applications, announces that it has raised $6.45 million in pre-seed capital.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.