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FairMoney Raises $11 Million in Series a Investment Round to Reshape Nigeria’s Mobile Banking and Institutionalise to Ghana, Kenya, and Egypt
FairMoney, a Paris-based fintech startup, is planning to institutionalise operations in Ghana, Kenya and Egypt.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- emerging markets, fintech, funding, startups
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BBOXX Closes US$50 Million Funding Round Led by Mitsubishi
Mansoor Hamayun, CEO and co-founder of BBOXX, said: “The funding is further evidence of Japanese interest in Africa and in PAYG solar energy globally. Mitsubishi Corporation’s extensive reach, sector specific and technological expertise will help us to reach more people without reliable access to modern utilities and services at even greater scale.
- Categories
- Energy
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Press Release: Fintech Nomanini Raises $4M in Funding Round Led by Standard Bank
Through the terms of the strategic investment, Standard Bank gains a stake in the company and the ability to use Nomanini’s platform to unearth previously ‘invisible’ data on the informal retail economy.
- Source
- Press release
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Yes, Your Pitch Deck is That Important: Here’s How to Get Investors’ Attention and Raise Your First $100K
Entrepreneurs often have a lot of misconceptions around fundraising when they start their business. And according to Mehak Malik, Investment Associate at Beyond Capital Fund, these misunderstandings can undermine one key element of their success: the all-important pitch deck. She discusses the questions entrepreneurs need to ask themselves before drafting a pitch deck, based on a recent series of entrepreneur workshops from Beyond Capital and ANDE.
- Categories
- Entrepreneurship, Investing
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Viewpoint: Responsible Investing: PE impact investors should target SMEs in Southeast Asia
There is a concentration of investments in a few sectors such as financial services and energy. Agriculture and micro-SMEs are two areas with high potential in the region.
- Categories
- Finance
- Region
- Asia Pacific
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PayPal-Backed Money Lender Tala Raises $110M to Enter India
Tala looks at a customer’s texts and calls logs, merchant transactions, overall app usage and other behavioral data through its Android app to build their credit profile.
- Categories
- Finance
- Region
- South Asia
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Surviving the ‘Valley of Death’: A New Funding Database Aims to Help Agtech Companies Avoid Early-Stage Failure
Population growth and climate change are bringing extraordinary challenges to the agriculture sector in emerging markets. But though small- and medium-sized enterprises are essential to addressing these issues, they remain underfunded – particularly in the period before they become profitable (often referred to as the ‘‘Valley of Death’’). Aarno Keijzer at NpM explores these challenges, and presents a free database that NpM has compiled, highlighting funds that can help early-stage agriculture companies bridge this financial gap.
- Categories
- Agriculture, Technology
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KKR Tops $1 Billion Fundraising Goal for Global Impact Fund
TPG’s $2 billion Rise Fund is the largest impact investing pool, though the firm is targeting at least $3 billion for the second version.
- Categories
- Investing
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