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Worldfirst to Expand Digital E-Commerce Solutions for Southeast Asian SMEs
WorldFirst’s innovative product, facilitated through the World Account, caters to SMEs across Vietnam, Thailand, the Philippines, and Malaysia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, e-commerce, fintech, MSMEs
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Cognna Secures $2.25 Million in Seed Funding Led by Impact46
COGNNA, a trailblazer in cybersecurity within the Middle East and North Africa region, has completed a seed funding round, amassing over $2.25m.
- Categories
- Investing, Technology
- Region
- North Africa & Near East
- Tags
- cybersecurity, fintech, startups
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Flutterwave Cleared as Kenyan Court Okays Agency’s Request to Withdraw Second Case
The case withdrawal brings relief to Flutterwave as it hopes to acquire a payments service provider and remittances license from the Central Bank of Kenya.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Norrsken22’s Debut Fund Closes at $205 Million to Back Growth-Stage Startups in Africa
Norrsken22’s target remains investing in approximately 20 startups. The fund’s typical investment ticket size averages around $10 million.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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How Fintech is Enabling Progress Toward the SDGs — And Why it’s Time for Investors to Double Down
Due to high interest rates and other macroeconomic challenges, there's been a global slowdown in venture capital funding to tech firms. David Grimaud at Bamboo Capital Partners explains how this lack of investment is impacting fintech companies in emerging markets, putting not only financial inclusion but other development priorities at risk. He explores how fintech innovators are advancing multiple SDGs, and how the investment community — especially impact-focused investors — can better support them.
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Kenyan Businesses Are Dropping the World’s Favorite Mobile Money Service
The shift by businesses away from M-Pesa payments is a remarkable turn in a country known for pioneering mobile money, and where the service is ubiquitous.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Fintech Startup Finerio Secures $6.5 Million to Create Open Finance Ecosystem in Latin America
Shortly after the launch, Finerio was the fourth most downloaded fintech app that year, according to Grassi.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- data, financial inclusion, fintech, startups
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Asian Development Bank Provides $300 Million Loan to Boost Filipino Financial Inclusion
ADB’s Inclusive Finance Development Program, Subprogram 3, champions reforms that amplify financial inclusivity in the Philippines.
- Categories
- Finance, Technology
- Region
- South Asia
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