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South Africa Fintech Clickatell Wins $91 Million in its Latest Round of Funding
Clickatell, a Cape Town-founded and California-based fintech firm, CPaaS innovator and creator of the Chat Commerce platform announced it has secured $91-million in its latest Series C round of funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Why Didn’t the U.S. Cut off Russia From SWIFT? It’s Complicated.
Removing access to the financial messaging service would be the most severe penalty but could have unwanted consequences, including compromising energy exports to Europe.
- Categories
- Energy, Finance, Telecommunications
- Region
- Europe & Eurasia
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Press Release: Trace Finance Announces $4.3 Million Seed Investment to Disrupt Global Banking for Latin American Startups
Trace Finance, a Brazilian fintech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round.
- Region
- Latin America
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Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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Led by Three South African Based Entrepreneurs, Stitch Announces $21 Million Series A
API fintech company Stitch, announced a $21 million Series A funding round, led by The Spruce House Partnership.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech
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How Cross-Industry Collaboration Can Spur the Digitalisation of the Last-Mile Distribution Sector
Last-mile distributors play a critical role in bringing energy and other life-changing products and services to customers in sub-Saharan Africa, and digitalisation is key to enabling these companies to operate at scale. But as Javier Baranda Alonso at Energy 4 Impact explains, both distributors and digital service providers often struggle to understand and service each other’s needs. He shares insights from a research report that highlights ways to accelerate the digitalisation of last-mile distribution by building bridges between the two sectors.
- Categories
- Energy, Social Enterprise, Technology, Telecommunications
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Marathon Ventures Injects More Capital Into Colombia’s Startup Ecosystem
One of the investors seeing promise in this Colombia is Marathon Ventures, which closed its first fund of $26 million, touted as one of the country’s largest funds to date.
- Categories
- Finance
- Region
- Latin America
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African Mobility Fintech Company Moove Secures $10 Million Financing From NBK Capital Partners
Moove, the African mobility fintech company, has today announced the closing of a US$10 million financing facility from NBK Capital Partners, strengthening the company’s mission to democratise vehicle ownership across Africa.
- Categories
- Technology, Transportation
- Region
- Sub-Saharan Africa