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Islamic Bank, Africa Development Bank, Others Invest $618 Million in Nigeria’s I-DICE
“Today, Nigeria has five of the seven unicorns in Africa and raised almost $1.4 billion of the total of $4 billion raised by fintech companies across Africa in 2021.”
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
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Bringing Digital Innovation to the Global Art Market: An Innovative Platform Connects International Buyers to Emerging Markets Artists
Business models across all industries are rapidly embracing digital technology. But as Srikaran Masabathula at TapArt explains, the global art market remains stuck in its centuries-old, brick-and-mortar sales and distribution model – a model that perpetuates the age-old inequities in the art world, preventing talented artists from emerging economies from selling their artwork to global art buyers. He explores how TapArt is leveraging digital innovation to address these critical shortcomings and create a vibrant connection between art lovers and artists worldwide.
- Categories
- Technology, Telecommunications
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Southeast Asia’s Fintech Fazz Finalizes $100 Million Series C Round Led by Tiger Global
Southeast Asia’s Fintech platform Fazz, a business account for companies of all sizes, recently secured $100 million via Series C funding.
- Categories
- Finance, Technology
- Region
- South Asia
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Kippa Reveals $8.4 Million in Funding for Merchants’ Financial Management Platform
Kippa, the financial management and payments platform for Nigerian small businesses, has announced that it has raised $8.4 million in a new financing round.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Estonia and Ukraine to Collaborate on Digital ID Development
Estonia and Ukraine have signed a new cooperation agreement in Kyiv focused on fostering an exchange of knowledge in the field of digital transformation.
- Categories
- Technology
- Region
- Europe & Eurasia
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Colombian Fintech Start-Up Plurall Bags $20 Million Debt Funding
Plurall, a Latin American fintech start-up aiming to provide financial services for entrepreneurs, has raised $20 million in debt financing.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- financial inclusion, fintech, MSMEs, startups
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Analysis: Francophone Africa’s First Unicorn Is Disrupting the Region’s Mobile Money Market. But Can It Last?
Wave’s rise has burst open the mobile money landscape in the West African country by fueling competition with existing players.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Analysis: Payment Service Banks: A Game-Changer for Financial Inclusion in Nigeria
Payment service banks are modelled on India’s Payment Banks, with a vision to similarly provide platforms for facilitating high-volume, low-value transactions in remittance, micro-savings, and withdrawals, in a secure technology-driven environment.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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