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Ex-network International Execs Raise $6.75 Million for Enza, an African Fintech Serving Banks
The fintech, which has raised $6 million in seed funding, is building infrastructure for banks and fintechs, offering a range of local payment solutions, from cards to wallets to real-time payments.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- fintech, infrastructure, MSMEs, scale, startups
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Latin America’s Mendel Secures $35 Million Series B to Expand AI-Driven Spend Management
Mendel, a Latin American enterprise spend management platform, has secured $35m in a Series B funding round led by Base10 Partners.
- Categories
- Investing
- Region
- Latin America
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Viewpoint: Indian Microfinance Sector Must Transform Before It’s Too Late
Borrowers are juggling multiple loans—sometimes 6 or more—from MFIs, SHGs, local moneylenders, and even app-based lenders. Field staff are exhausted. Community ties that once held JLGs together are fraying. And loan officers are under pressure, leading to shortcuts, fraud, and rising stress levels.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Latin America Venture Capitalists Nazca, Bridge Merge to Combine $300 Million in Assets
Venture capital firms Nazca and Bridge announced a merger that will combine assets worth over $300 million, in an effort to expand their footprint in Latin American startups.
- Categories
- Investing
- Region
- Latin America
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Yango Ventures Launches USD 20 Million Fund to Boost Startups Across Emerging Markets
Dubai-based Yango Group launched a USD 20M venture fund to back early-stage startups in MENA, Pakistan, Sub-Saharan Africa, and Latin America.
- Categories
- Finance, Technology
- Region
- Global
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African Development Bank to Unlock $10 Billion for African Farmers With New $500 Million Facility
"The facility, designed to close the financing gap for smallholder farmers, will deploy innovative financial instruments. . . "
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, lending, scale, smallholder farmers
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Flutterwave Secures Approval to Offer Remittance Services in Ghana
Nigeria-based fintech gains Bank of Ghana approval to enhance cross-border payments and financial inclusion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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DLocal and Belmoney Partner to Transform Cross-Border Remittances Across Key Emerging Markets
The alliance strengthens international money transfers in Nigeria, Bangladesh, Ecuador, Pakistan, Peru, and Philippines, with planned expansion into China.
- Categories
- Finance, Technology
- Region
- Global
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