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Goldman Sachs-Backed Digital Bank Starling to Expand in Hotly Competitive Asia-Pacific Market
Starling, which is backed by Goldman Sachs, is in talks with an Asian bank about launching its Engine banking-as-a-service platform in the Asia-Pacific market.
- Categories
- Finance
- Region
- Asia Pacific
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Zanifu Raises $11.2 Million to Scale Its Inventory Financing Offering in Kenya
The fintech provides inventory credit to retailers, and the new funding will enable it to expand the solution to distributors too.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, financial inclusion, fintech, lending, MSMEs, scale, startups
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Paymentology and Mastercard Join Forces to Foster Financial Inclusion in Northern Central America
Mastercard has committed to bringing 5 million people and 1 million micro, small and medium enterprises (SMEs) into the digital economy.
- Categories
- Finance, Technology
- Region
- Latin America
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Light Microfinance, IppoPay to Offer Digital Loans to MSMEs in India
The lending potential of Indian MSMEs can reach $3 trillion by FY23.
- Categories
- Finance
- Tags
- fintech, microfinance, MSMEs
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Mastercard to Purchase a Minority Stake in MTN’s $5.2 Billion Fintech Business
According to MTN Group president and CEO Ralph Mupita, the deal will be structured as a commercial partnership on payments and remittances.
- Categories
- Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- corporations, fintech, remittances
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Rapyd’s $610 Million Deal for PayU Will Assist Its Global Expansion
When the acquisition completes, the newly combined business will be active in over 100 countries with more than 250,000 merchant clients.
- Categories
- Finance, Technology
- Region
- Global
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Traction Raises $6 Million Seed as Nigeria’s Merchant Acquiring Space Continues to Heat Up
The investment was anchored by Pan-African investor Ventures Platform and Multiply Partners, with participation from P1 Ventures and other investors.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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Mobile Money Carrier Nagad Becomes First Fintech Unicorn in Bangladesh
Nagad, a mobile money carrier based in Bangladesh, has emerged as a unicorn startup, becoming the fastest in Bangladesh.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance, startups
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