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The Indian Company Forcing Uber to Change Its Business Model
Namma Yatri, launched by a SoftBank-backed fintech firm, pioneered the zero-commission model. Now other ride-hailing apps are rethinking their strategy.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- fintech, gig economy, startups
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Amazon Injects $41 Million Into India Payments Arm
"Amazon is looking to strengthen its payments arm since the sector is booming with new players entering the space and existing players bolstering their platforms."
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Money Fellows Raises $13 Million in Strategic Funding to Enhance Financial Inclusion in Africa
The new investment aims to enhance and upgrade the company’s digital platform, especially as its user base expands to over 8.5 million users and it continues to collaborate with more than 350 local and regional partners.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Visa Launches Stablecoin Payments in Latin America in Major Advance for Crypto
"The new offering—which is also being rolled out in Colombia, Ecuador, Peru, and Chile—stands out because it is being developed around non-volatile stablecoins."
- Categories
- Finance, Technology
- Region
- Latin America
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Kaleidofin Secures $5.3 Million From IDH Farmfit to Boost Agri-Fintech Offerings
The investment will support Kaleidofin’s efforts to scale its lending portfolio and expand its technology stack, including credit scoring tools, middleware infrastructure, and risk services.
- Categories
- Agriculture
- Region
- Asia Pacific
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OmniRetail Shakes up Africa’s B2B E-Commerce Market With $20 Million Series A
OmniRetail’s model digitizes order management for 145 manufacturers, more than 5,800 distributors, and services over 150,000 informal retailers across 12 cities in Nigeria, Ghana, and Ivory Coast.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Fintech Startup PayTic Grabs $4 Million to Expand Payment Automation Across Africa
PayTic plans to use the funding to enhance its payment automation solutions and expand into North and Sub-Saharan Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Surfin Meta Digital Technologies: $26.5 Million Closed For Financial Technology Platform
With this additional funding, Surfin is well-positioned to build on its capabilities to develop more innovative technologies and build a sustainable digital financial ecosystem.
- Categories
- Finance, Technology
- Region
- South Asia
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