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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
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Indonesian P2P Lender Amartha Secures $100 Million
The newly raised funds are earmarked for working capital loans for Micro, Small, and Medium Enterprises (MSMEs) in Indonesia.
- Categories
- Finance, Technology
- Region
- South Asia
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Southeast Asia–Focused Go-Ventures Closes $240 Million Second Fund, Rebrands as Argor Capital
The second fund so far has invested in sectors such as B2B marketplaces, consumer, environmental tech, fintech and digital transformation platforms for SMEs.
- Categories
- Environment, Finance, Technology
- Region
- South Asia
- Tags
- digital inclusion, fintech, MSMEs
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Rural-Fintech Startup Navadhan Raises USD $1.5 Million From Varanium, Anicut
Navadhan will use the funds to further build its AceN Tech platform which connects rural small businesses (MSMEs) with NBFCs and Banks in India.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, fintech, MSMEs, startups
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Press Release: Visa Announces Launch of Africa Fintech Accelerator Program
New Visa initiative to support Africa’s Fintech start-ups and entrepreneurs, providing training, connections, technology, and investment opportunities for up to 40 fintechs each year.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, startups
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Pepper Group to Invest $150 Million Over 4 Years to Establish a Fintech Company in India
With plans to launch in the second half of 2023, Pepper Money India will introduce personal finance products to target 15 crore households in tier 2 and 3 cities.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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Finfra Raises $1 Million to Scale Embedded Finance in Indonesia
Finfra plans to accelerate product development and grow its engineering, data, and finance teams in an effort to boost revenue.
- Categories
- Finance, Technology
- Region
- South Asia
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Nigeria’s Communication Platform, Termii Raises $3.65 Million to Expand to New African Markets
The funds will be used to develop and promote existing and new products in new markets, with a priority on Francophone African countries.
- Categories
- Investing, Technology, Telecommunications
- Region
- Sub-Saharan Africa