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Press Release: Catalyst Fund Announces Its Latest Cohort of Companies Bringing Inclusive Fintech Solutions To Underserved Communities
PayPal joins as a new supporter as Catalyst Fund explores connections between digital finance and climate resilience.
- Categories
- Finance, Technology
- Region
- Global
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Nigeria’s Kuda Bank Raises $55 Million At $500 Million Valuation
Nigerian FinTech startup Kuda Bank notched $55 million in a Series B funding round at a $500 million valuation as the digital bank seeks to expand into other countries across Africa.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Financial Inclusion During – And After – COVID-19: The 2021 Compass Survey Reveals the True Scale of the Challenges Ahead
COVID-19 has upended the global financial inclusion sector, causing immense new challenges for low-income clients, their households and businesses, providers, funders, and the broader ecosystem. The full extent of this impact won't be seen until the pandemic fully subsides, but trends are emerging. Sam Mendelson at e-MFP shares findings from the organization's most recent Financial Inclusion Compass survey, which asked a broad cross-section of stakeholders where they see these increasingly complex issues trending — and what they’d like to see in the future.
- Categories
- Coronavirus, Finance
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Kenya’s Wapi Pay Raises $2.2 Million Pre-Seed for Cross-Border Payments Between Africa and Asia
Wapi Pay will use the investments to engage regulators for licensing across Africa and for scale, product and geographical expansion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Airtel Africa Scoops Another $200 Million for Mobile Money Business
Airtel Mobile Commerce is working to own and operate the mobile money businesses across all of Airtel Africa’s 14 operating countries.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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DFS Lab and the Stellar Development Foundation Launch a Blockchain Bootcamp for African Startups, Offering Prizes up to 20,000 USDC for Most Promising Solutions
DFS Lab in collaboration with the Stellar Development Foundation (SDF) has launched a call for applicants for a Blockchain Bootcamp, designed to give early to mid-stage startups in Africa an opportunity to build on Stellar, an open-source blockchain network for financial services and products.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Chaka Secures $1.5 Million Pre-Seed Round to Power Digital Investments and Wealth Management Opportunities across Africa
Chaka is a technology solutions company on a mission to enable every business and person in Africa to access borderless digital investment and wealth management opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Blockchain Technology Has the Potential to Add $29 Billion to Nigeria’s GDP by 2030
Research by Enhancing Financial Innovation & Access finds that blockchain technology can address barriers to financial inclusion in Nigeria and substantially boost Nigeria’s economy.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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