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Flutterwave CEO Targets Profitability ‘This Year’
Flutterwave, which has secured investment from Visa and US firm Tiger Global, among others, has built its success on processing payments for clients such as Uber and Nigerian airline Air Peace.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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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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