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Viewpoint: What Happened to the Microfinance Organization Kiva?
A group of strikers argue that the organization seems more focused on making money than creating change. Are they right?
- Categories
- Finance
- Region
- Global
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Auxilo Finserve Snags $57 Million From Tata PE Fund, Xponentia, Others
Founded in 2017, Auxilo Finserve provides loans to students for pursuing education in India or overseas.
- Region
- Asia Pacific
- Tags
- lending
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Nigerian Mobility Fintech Moove Closes $8 Million to Expand Vehicle Fleet in Ghana
Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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Bdeo Secures over $8.1 Million for its Expansion in Latin America
The insurtech startup aims to expand its presence in Europe and Latin America, backed by Íope Ventures and other prominent investors.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: IFC Partners with Thai Credit Retail Bank to Help Boost Access to Finance for Small Businesses, Women Entrepreneurs in Thailand
Proceeds from the loan will be used to support MSMEs in Thailand, with at least 50 percent earmarked for women-owned or led MSMEs (WMSMEs).
- Categories
- Investing
- Region
- South Asia
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BlueOrchard Raises $50 Million in Climate Adaptation Fund’s Second Closing
The fund aims to mobilise private sector capital to support climate change adaptation and build resilience in emerging markets.
- Categories
- Agriculture, Environment, Investing
- Region
- Global
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Press Release: IFC Partners with Orange Bank Africa to Increase Digital Lending for Small Businesses in West Africa
According to the World Bank Group's MSME finance gap report, 63 percent of MSMEs in Senegal and 57 percent in Côte d'Ivoire experience constraints when accessing a loan or line of credit.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Indonesian P2P Lender Amartha Secures $100 Million
The newly raised funds are earmarked for working capital loans for Micro, Small, and Medium Enterprises (MSMEs) in Indonesia.
- Categories
- Finance, Technology
- Region
- South Asia
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