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El Salvador Becomes First Country to Adopt Bitcoin as Legal Tender After Passing Law
Lawmakers in the Central American country’s Congress voted by a “supermajority” in favor of the Bitcoin Law, receiving 62 out of 84 of the legislature’s vote.
- Categories
- Finance, Technology
- Region
- Latin America
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UNICEF Invests in Blockchain Startups for Financial Inclusion
UNICEF Venture Fund is awarding up to $100,000 to blockchain startups, including India’s GovBlocks, in its latest funding round. Here are the other projects.
- Categories
- Finance, Technology
- Region
- Global
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Analysis: Twitter Ban Will Harm Nigeria as a Technology Investment Destination
In recent years Lagos, Nigeria’s biggest city, has become Africa’s most attractive tech hub for investors. But that could be imperilled by the government’s decision to suspend Twitter’s operations in the country.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Uruguayan Unicorn’s $10 Billion Nasdaq Float Shows Rising Power of Latin American Tech
South America is slowly emerging as a hotbed for fintech innovation. The world’s arguably biggest challenger bank NuBank hails from Brazil and is rumoured to be gearing up for a public listing in the US.
- Categories
- Finance, Technology
- Region
- Latin America
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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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