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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
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Electric Vehicle Financing Startup RevFin Raises $5 Million in Debt
Revfin last raised $10 million in a Series A funding round in October 2022 from Green Frontier Capital and LC Nueva Investment Partners.
- Categories
- Energy, Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, fintech, startups
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Malaysian Insurtech Startup PolicyStreet Bags US $15.4 Million in Series B Funding Led by Khazanah
The investment in PolicyStreet aims to improve insurance penetration within unserved and underserved communities in Malaysia.
- Categories
- Investing, Technology
- Region
- South Asia
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Helium Health Gets $30 Million, Backed by AXA IM Alts and 23andMe’s Anne Wojcicki
Helium Health provides software-as-a-service tools, financing and insights for healthcare providers and public health organizations.
- Categories
- Health Care, Investing, Technology
- Region
- Sub-Saharan Africa
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Mexican Fintech Stori Secures $50 Million Debt Capital From Community Investment Management
Mexican fintech unicorn Stori has received $50 million in debt capital from Community Investment Management, its second debt facility to the start-up.
- Categories
- Finance, Technology
- Region
- Latin America
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Report: Africa Likely to Leapfrog Leading Fintech Regions if It Adopts New Technologies
The report notes that while cash is “still king” in Africa, fintech startups are ideally positioned to solve the continent’s financial exclusion woes.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, financial inclusion, fintech, startups
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