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Press Release: Architect Capital Launches with $100 Million to Provide Asset-Based Financing to Technology Companies in the U.S. And Latin America
Architect Capital, an asset-based lender to early-stage technology businesses, announced that it has launched with over $100 million to provide non-dilutive or less-dilutive financing solutions to high-growth and technology-enabled businesses.
- Categories
- Finance, Technology
- Region
- Latin America
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Addressing Predatory Lending Apps: Lessons From the Regulatory Response in Indonesia, India and the Philippines
Digital lending apps have provided financial inclusion to many in emerging markets, but complaints about predatory practices have been surging over the last two years. Financial inclusion and consumer protection consultant Hema Bansal explains how misleading marketing, inadequate disclosure of pricing, terms and conditions, and inappropriate collections practices have led to new regulatory responses in Indonesia, India and the Philippines. She shares which of these steps have proven effective — and where there is still room for improvement.
- Categories
- Finance, Technology
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Rural Fintech Startup Jai Kisan Raises $30 Million in Series A Funding
Rural fintech startup Jai Kisan on Monday said it has raised $30 million (approximately Rs217 crore), in a combination of equity and debt, as a part of its Series A round of funding led by Mirae Asset.
- Categories
- Agriculture, Investing
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SVB-Led $100 Million Investment Makes Chipper Cash Africa’s ‘Most Valuable Startup’
Chipper Cash, a three-year-old startup that facilitates cross-border payment across Africa, has closed a $100 million Series C round to introduce more products and grow its team.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Analysis: Women Can Add $14.57 Billion to E-Commerce in Africa, According to IFC Research
The e-commerce market in Africa could grow by more than $14.5 billion between 2025-2030 according to an IFC report published yesterday.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Agri Fintech Startup Mozare3 Raises Seven-Figure Capital in Pre-Seed Round
Mozare3, an emerging Agri-FinTech startup from Egypt has announced that it raised substantial capital in a pre-seed round led.
- Categories
- Agriculture, Finance, Technology
- Region
- North Africa & Near East
- Tags
- fintech
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African Fintech Opay Is Reportedly Raising $400 Million at Over $1.5 Billion Valuation
Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Nigeria’s Flutterwave Partners Amole to Drive Seamless Remittance and Financial Inclusion in Ethiopia
Nigerian Fintech company, Flutterwave has partnered with Amole, Ethiopia’s largest mobile Digital Wallet platform, to facilitate remittance into Ethiopia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa