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Kaszek Earmarks Nearly $1 Billion in New Funds for Latin American Startups
Kaszek plans to put money in 20 to 30 companies out of its early-stage fund in Latin America.
- Categories
- Investing, Technology
- Region
- Latin America
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Fintech TerraPay Secures $100 Million via Series B to Expand Payments Infrastructure
The funding will help TerraPay’s global expansion plans, especially across the LATAM and MENA regions.
- Categories
- Finance
- Region
- Global
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Apply for Amazon Web Services Fintech Africa Accelerator 2023
Amazon Web Services (AWS) has begun accepting applications for its first AWS Fintech Africa Accelerator.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Filipino Fintech Advance Secures $16 Million in a Pre-series A Funding
With the funding announcement, Advance also announced that it has expanded into Vietnam by acquiring BravoHr.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- employment, fintech, innovation
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Credable Secures $2.5 Million Seed to Expand Its Digital Banking Offering Into Africa
Dubai-based fintech group, Credable has raised a $2.5 million seed round led by a pan-African VC fund, Ventures Platform Fund IV LP.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech
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Tanzania Payment Ecosystem Improved Following Three Way Partnership Including Mastercard
The launch of the virtual card will ensure Tigo’s ability to provide its customers access to products and services previously a preserve of physical credit card holders.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Diaspora Remittances, Impact of SVB’s Failure on African Startups in Focus as African Diaspora Investment Symposium Begins
The closure of SVB Bank triggered panic on the African continent, and that fear is not without reason.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- failure, fintech, remittances, startups
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Nigerian Credit-Led Fintech FairMoney Acquires PayForce in Retail-Merchant Banking Play
Nigerian credit-led digital banking platform FairMoney has acquired PayForce (sub-brand of YC-backed CrowdForce).
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital finance, fintech, MSMEs
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