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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
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Chapa Partners with Telegram to Revolutionize Digital Payments in Ethiopia
This partnership brings a new level of ease and efficiency to the world of e-commerce, benefiting both businesses and consumers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigerian Mobility Fintech Moove Closes $8 Million to Expand Vehicle Fleet in Ghana
Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Vietnam’s Digitalization Efforts Fuel Startup Scene
The Southeast Asian nation hopes to become a high-income economy by 2045 by focusing on its digital economy.
- Categories
- Agriculture, Finance, Technology
- Region
- South Asia
- Tags
- agtech, digital inclusion, fintech, startups
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Visa’s $1 Billion Acquisition of Pismo Expands Footprint in Latin America
The $1 billion purchase of Pismo by Visa is a significant development in the firm’s Latin American expansion plan.
- Categories
- Finance, Technology
- Region
- Latin America
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Beleaguered Fintech ZestMoney Secures Funding From Existing Investors To Keep Afloat
ZestMoney has reportedly raised $5-7 million from a group of investors, including existing backer Quona Capital.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, startups, venture capital
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Analysis: India’s Digital Transformation Could Be a Game-Changer for Economic Development
India’s micro, small, and medium enterprises (MSMEs) sector faces a significant credit gap — between $250 billion and $300 billion.
- Categories
- Finance, Technology
- Region
- Asia Pacific