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Paymentology and Mastercard Join Forces to Foster Financial Inclusion in Northern Central America
Mastercard has committed to bringing 5 million people and 1 million micro, small and medium enterprises (SMEs) into the digital economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Light Microfinance, IppoPay to Offer Digital Loans to MSMEs in India
The lending potential of Indian MSMEs can reach $3 trillion by FY23.
- Categories
- Finance
- Tags
- fintech, microfinance, MSMEs
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Mastercard to Purchase a Minority Stake in MTN’s $5.2 Billion Fintech Business
According to MTN Group president and CEO Ralph Mupita, the deal will be structured as a commercial partnership on payments and remittances.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- corporations, fintech, remittances
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Rapyd’s $610 Million Deal for PayU Will Assist Its Global Expansion
When the acquisition completes, the newly combined business will be active in over 100 countries with more than 250,000 merchant clients.
- Categories
- Finance, Technology
- Region
- Global
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Traction Raises $6 Million Seed as Nigeria’s Merchant Acquiring Space Continues to Heat Up
The investment was anchored by Pan-African investor Ventures Platform and Multiply Partners, with participation from P1 Ventures and other investors.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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Mobile Money Carrier Nagad Becomes First Fintech Unicorn in Bangladesh
Nagad, a mobile money carrier based in Bangladesh, has emerged as a unicorn startup, becoming the fastest in Bangladesh.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance, startups
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Press Release: GIZ and Seedstars Launch Joint Initiative to Boost Financial Inclusion and Innovation in Palestine
Although 60% of adults possess bank accounts in Palestine, a mere 10% utilize credit products, owing to limited financial literacy and inadequate financial offerings.
- Categories
- Finance
- Region
- North Africa & Near East
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Vietnam’s Gimo Raises $17.1 Million in Funding Led by TNB Aura to Fuel Expansion
GIMO, a Vietnam-based FinTech startup, has announced the completion of Series A funding round with total capital raise of up to $17.1 million.
- Categories
- Finance, Technology
- Region
- South Asia