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Press Release: USAID Announces Four New Public-Private Partnerships Under the Digital Invest Program to Support Digital Finance and Internet Service Providers
This year, USAID will launch the following new partnerships, expanding and diversifying the Digital Invest portfolio.
- Categories
- Finance, Technology
- Region
- Global
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B Capital Closes Third Growth Fund Series at $2.1 Billion
Global investment company B Capital Group has closed its Growth Fund III at approximately US$2.1 billion.
- Categories
- Health Care, Investing
- Region
- Global
- Tags
- fintech, venture capital
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Nubank Secures $150 Million Credit Line With Second Loan Since April
The loan from the IFC, the financial arm of the World Bank, the second credit line for the fintech since April, will be used for expansion in Latin America.
- Categories
- Finance
- Region
- Latin America
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Fintech Startup NeoGrowth Raises $10 Million From MicroVest
NeoGrowth plans to deploy the funding to expand in India while aiming to secure more growth capital.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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Lok Capital Logs First Close of Its Fourth Fund at $90 Million
The fourth fund will invest in financial services, including fintech, health-tech, food and agri-tech, and climate tech.
- Categories
- Agriculture, Education, Finance, Health Care, Investing, Technology
- Region
- Asia Pacific
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KYC is a Journey, Not a Destination: The Value of Know-Your-Customer Innovation for African Tech Startups
Identity theft is increasingly common in Africa, and the problem is likely to get worse. According to Lanre Ogungbe at Identitypass, digital access is expanding rapidly on the continent, and tech startups are under pressure to create frictionless signup processes for new users, which sometimes comes at the expense of better security. He argues that this has created an urgent need for better Know Your Customer (KYC) processes, and explores why tech startups should view KYC not as a regulatory obligation, but rather as an opportunity for innovation that can improve their products, protect their customers and increase their business success.
- Categories
- Finance, Technology
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KreditBee Closes Second Tranche Of Its USD 200 Million Series D Fundraise
Closed a USD 200 million primary fundraise from Advent International, MUFG Bank and existing investors.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech
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Moneyview Raises $75 Million in a Series E Funding Round in India
The proceeds of this capital raise will be used as growth capital to scale the core credit business.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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