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Telecom Industry Coalition to Boost Access to Smartphones in Poor Countries
The coalition will assess ways to lower the cost of entry into the digital economy for low-income populations, particularly in Sub-Saharan Africa and South Asia.
- Categories
- Technology, Telecommunications
- Region
- Global
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NALA Raises $40 Million to Build Cross-Border Payments for Emerging Markets
The new funding will accelerate NALA's global ambitions on its consumer business expanding beyond Africa, and building services for the global migrant diaspora.
- Region
- Sub-Saharan Africa
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Tiger Global-Backed Minka Is the Latest Latin American Fintech to Set up Shop in Africa
Minka’s arrival in East Africa follows a trend of Latin American fintech companies expanding into Africa.
- Categories
- Finance, Technology
- Region
- Global
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Norfund Invests $20 Million in APIs Growth Markets Fund III to Propel Fintech Expansion in Developing Economies
Norfund aims to address the financial needs of underserved populations by broadening its investment strategy to include fintech ventures.
- Categories
- Finance, Technology
- Region
- Global
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OPay and Moniepoint Issue $17 Million Verve Cards as Nigerian Fintechs Switch From Visa and Mastercard
A change in consumer behaviour and macroeconomic conditions are leading Nigerian banks to issue local cards like Verve to customers, dumping international card schemes like Visa and Mastercard.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Malaysia’s Paywatch Secures $30 Million Funding From a Mix of Equity and Credit Facilities
This is the largest funding round closed by an Malaysia-based earned-wage access (EWA) player in Southeast Asia.
- Categories
- Finance, Technology
- Region
- South Asia
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Fibe Raises USD $90 Million in Series E Round
Moving beyond a typical financial solutions provider, Fibe is playing a pivotal role in fulfilling the aspirations of young India - the world's largest workforce.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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NOW Money Raises USD $4 Million in New Funding
NOW Money in providing secure digital banking solutions specifically tailored for low-income and migrant workers in the Gulf Cooperation Council (GCC) region, offering accessible financial services to those who often lack basic banking facilities.
- Categories
- Finance, Technology
- Region
- North America
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