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Press Release: Fasanara and IFC Launch New Strategy to Expand Access to Finance for MSMEs in Emerging Markets
The initiative will channel more affordable, flexible financing to MSMEs by supporting fintech lenders that serve these businesses.
- Categories
- Investing
- Region
- Global
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South Africa: Hlayisani Capital Secures Over $30 Million for New Fund
Hlayisani Capital manages over R1 billion (about $62 million) across three funds and focuses on backing high-growth, technology-enabled businesses with strong South African roots.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Press Release: Pesalink and PAPSS Unlock Cross-Border Payments in Local Currencies in Kenya
The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Peak XV Raises $1.3 Billion, Doubles Down on AI as Global VC Rivalry in India Heats Up
The capital will be deployed across its India seed and venture funds as well as its APAC vehicle.
- Categories
- Technology
- Region
- Asia Pacific
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Pan-African Fintech NALA Deepens Stablecoin Rails to Speed up Dollar Flows
Partnering with Noah allows NALA to offer global account usage, where companies can collect dollars anywhere in the world and pay out instantly in local currencies, all through licenced, regulated rails, said Fernandes.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Mal Closes Record $230 Million Seed Round to Build World’s First AI-Native Islamic Digital Bank
This will be the world's first AI-native Islamic financial platform targeting the world’s 2 billion Muslim population and other underbanked communities.
- Categories
- Finance, Technology
- Region
- North Africa & Near East
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Nigeria’s Paystack Moves Into Lending as It Acquires Ladder Microfinance Bank
Despite the number of players in Nigeria’s lending market, there’s still a substantial credit gap for small businesses estimated at around ₦13 trillion in unmet financing.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Kenya Licenses 42 New Digital Lenders as It Seeks to Capitalize on Mobile Money
The country has one of the most advanced mobile money ecosystems in emerging markets, providing Kenyans with access to finance that is mobilized for everything from paying medical bills to launching businesses.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech, lending
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