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India’s Cred Raises $81 Million, Buys Back Shares Worth $1.2 Million From Employees
CRED is one of the most talked about startups in India, in part because of the scale at which its valuation has soared and the amount of capital it has been able to raise in such a short period.
- Categories
- Entrepreneurship
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Giving and Receiving: Understanding the Financial Flows Between Young People and Their Parents
Young people in many emerging markets tend to live in their parents’ homes until their mid-20s, leading to a complex, dynamic interplay of financial support between generations that's particularly relevant during COVID-19. Guy Stuart at Microfinance Opportunities discusses the results of a study exploring the implications of this support for financial service providers and financial inclusion in Morocco, Nigeria and Senegal.
- Categories
- Coronavirus, Finance
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Report: Nigeria Has Most Active Fintech Market In Africa
The global body of mobile operators, GSM Association (GSMA), has described the fintech ecosystem in Nigeria as the most active in Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Cash Is King: An Overlooked Way for Foundations to Multiply the Impact of their Investments
The top 1,000 U.S. foundations alone have over $31 billion in cash deposits – and according to Catherine Berman at CNote, that money could be used to amplify their impact. She argues that foundations could drive massive change – and advance their missions – by moving these funds out of traditional accounts and into community development financial institutions and credit unions.
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Rural Fintech Startup Jai Kisan Raises USD$3.9 million From Nabard-Back Fund, Others
Jai Kisan, a Mumbai-based fintech platform, on Tuesday said it has raised Rs 30 crore funding from Arkam Ventures with participation of a fund backed by NABARD.
- Categories
- Entrepreneurship, Finance, Technology
- Region
- Asia Pacific
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Viewpoint: Fintech a Game-Changer for Growth in Asia
Fintech is emerging as a driver of innovative financial solutions during COVID-19
- Categories
- Coronavirus, Finance, Technology
- Region
- Asia Pacific
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Press Release: DFC Approves $1 Billion of Investments in Global Development
Projects support developing countries reeling from COVID-19 and include first transactions using equity and technical assistance
- Categories
- Entrepreneurship, Finance, Investing
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Press Release: GoBear Grabs $17M in Funding to Accelerate Its Financial Services Across Asia
GoBear, a Singapore based fintech startup, has raised US$17 million in a funding round led by returning investors Walvis Participaties, a Dutch VC firm, and Aegon N.V., a Netherlands-based asset management company, according to a press statement.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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