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RappiPay Secures USD $112 Million to Boost Financial Inclusion
RappiPay, Colombian Banco Davivienda and Rappi’s fintech has secured USD 112 million financing in a credit to boost financial inclusion in the LATAM country.
- Region
- Latin America
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MFS Africa Extends Its Series C by $100 Million, Bringing Total to $200 Million
Barely one week after the mobile payments fintech announced the acquisition of US-based Global Technology Partners, MFS Africa is announcing the close of a $100 million Series C extension.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Payu Doubles Down on Latin American Fintech, Acquires Ding and Leads $46 Million Investment in ‘Superapp’ Treinta in Colombia
PayU, the fintech business controlled by Prosus with operations in 50+ countries announced a double-deal today to expand its presence in Latin America.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: Zeepay Ghana Acquires Mangwee Mobile Money in Zambia
Zeepay, the leading African Challenger Fintech with operations in over 10 African countries today acquired a 51 percent stake in Mangwee Mobile Money in Zambia.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Women Are Paying More for M-Pesa: A Gender Analysis of Mobile Money Fees in Kenya
The cost of using financial services is a key barrier to their adoption and use in low- and middle-income countries — and when it comes to mobile money transactions via M-Pesa in Kenya, those costs are greater for women, according to a recent study. Bryan Pon at Caribou Data shares details about the study's findings, and explains how understanding these gender differences could illuminate some of the obstacles women face when using digital financial services – and help inform policy or system design approaches that could address these challenges.
- Categories
- Finance, Technology
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Flutterwave Has Raised $170 Million With a Bid to Connect Africa’s Digital Payment Landscape
Flutterwave, an Africa-focused payment technology company, has raised $170 million in a Series C round, positioning itself to further connect and capitalize on the continent’s thriving yet highly fragmented digital payment landscape.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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How Mexico’s Central Bank Plans to Move Payments to Digital
In Mexico, the pandemic is moving the needle toward digital payments — specifically mobile payments — to become more widely embraced by businesses and consumers alike.
- Categories
- Technology
- Region
- Latin America
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WhatsApp Begins Rolling Out Payment Service in India
Facebook-owned WhatsApp finally receives regulatory approval
- Categories
- Finance, Technology
- Region
- Asia Pacific
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