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Yellow Card Secures $33 Million to Enhance Stablecoin Services in Africa
The company’s emphasis on stablecoins sets it apart in Africa’s changing digital payments scene since it provides companies with scalable solutions in a continent where financial infrastructure has traditionally been a difficulty.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Huawei to Open Cloud Region in Nigeria by End of October
Huawei Technologies has announced plans to establish a datacentre in Nigeria, in a move to meet the country’s data storage regulations.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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IFC Invests $7 Million Into Philippine Technology Firm First Circle
First Circle’s innovative credit systems provide SMEs with higher credit limits, flexible repayment options, and the lowest unsecured pricing in the market.
- Categories
- Finance, Technology
- Region
- South Asia
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KaiOS, Mastercard Partner to Enable Digital Payments for SMEs
The companies said in a joint statement that KaiOS's affordable smart feature phones will leverage Mastercard's payment technology and global network to drive acceptance and support the growth of the digital economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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SCOPE Launches USD $50 Million Venture Capital Fund to Back Fintech and Gaming Startups
The fund aims to target high-potential fintech and gaming startups in India and US, offering early-stage investments of USD 500,000 to USD 2 million.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: Al Majmoua from Lebanon, FATEN from the Occupied Palestinian Territories, and RUFI from Uganda announced as Finalists for European Microfinance Award 2024 on Advancing Financial Inclusion for Refugees & Forcibly Displaced People
The winner will be announced at ceremony during European Microfinance Week (EMW 2024) on Thursday November 14, 2024.
- Categories
- Finance
- Region
- Global
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M2P Fintech Secures $102 Million in Series D Funding to Bolster Banking Infrastructure in Emerging Markets
M2P Fintech specializes in providing comprehensive Banking-as-a-service solutions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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One Village at a Time: A Women-Led Model for Bringing Digital Services and Financial Inclusion to Rural Bangladesh
Women customers constitute a huge market in rural Bangladesh, where many men have migrated to cities or foreign lands in search of work. Garima Singh at FinValue Advisors explores how the Bangladeshi financial services company Zaytoon Business Solutions is expanding access to digital financial and government services in rural communities — while boosting women's empowerment and employment — by extending its agent network to include "village digital booths" staffed by local women.
- Categories
- Finance