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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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Press Release: QED Investors Closes Nearly $1 Billion in New Funds
Fund VIII will Invest in Early Stage Businesses; Growth II for Later-Stage Fintechs.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- fintech, lending, remittances, scale, startups
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Press Release: Latin American Fintech Kiwi Raises $80 Million to Provide Underbanked Consumers with Credit Access in the U.S.
Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, announced that it has closed a credit facility and funding round.
- Categories
- Finance, Technology
- Region
- Latin America
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African B2B E-Commerce Startup Sabi Tops $300 Million Valuation in New Funding
Sabi is providing digital commerce infrastructure to Africa’s informal economy.
- Categories
- Finance, Technology
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ZestMoney Founders Resign as Goldman Sachs-Backed Fintech Struggles to Raise Funds
Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- corporations, employment, failure, fintech
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Press Release: Groundbreaking Fingo Africa App to Bring Financial Inclusion to Africa’s Youth
The new app, powered by Ecobank, is set to revolutionize financial inclusion for young people in Kenya and across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Fintech Firm Paysend Enters Partnership to Bring Money Transfers to 60 Million Hispanic Americans
Paysend, the global card-to-card payments platform, has announced a new multi-year partnership with the Spanish-language content and media company, TelevisaUnivision.
- Categories
- Finance, Technology, Telecommunications
- Region
- Latin America
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