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Mastercard Strive India Launches to Help Small Businesses Go Digital
Payments giant Mastercard has launched the Mastercard Strive India programme, which aims to help 500,000 small businesses in India go digital by 2025.
- Categories
- Agriculture, Finance, Technology
- Region
- Global
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Paymentology and Mastercard Join Forces to Foster Financial Inclusion in Northern Central America
Mastercard has committed to bringing 5 million people and 1 million micro, small and medium enterprises (SMEs) into the digital economy.
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- Finance, Technology
- Region
- Latin America
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Light Microfinance, IppoPay to Offer Digital Loans to MSMEs in India
The lending potential of Indian MSMEs can reach $3 trillion by FY23.
- Categories
- Finance
- Tags
- fintech, microfinance, MSMEs
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The Jobtech Landscape in Africa: Assessing the Challenges and Opportunities in a Critical Sector
What really is the future of work in Africa? Michelle Hassan at BFA Global, and Chris Maclay and Bethany Hou at the Jobtech Alliance argue that it will be driven by the growing use of technology to enable, facilitate or improve people’s work opportunities, productivity and livelihoods — an emerging sector that’s collectively known as “jobtech.” They share new insights into the key players, business models, trends and opportunities across Africa's jobtech industry.
- Categories
- Technology
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Press Release: IFC’s Base of the Pyramid Platform Provides $1 Billion to Expand Access to Finance for Small Businesses
Projects under the BOP platform are expected to help client financial institutions grow their loan portfolios from 5.5 million to 7.9 million loans to MSMEs.
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- Finance
- Region
- Global
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Vistaar Finance to Raise $50 Million in Debt Financing from US DFC
DFC’s support is expected to assist Vistaar in expanding its secured MSME lending portfolio in India.
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- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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Traction Raises $6 Million Seed as Nigeria’s Merchant Acquiring Space Continues to Heat Up
The investment was anchored by Pan-African investor Ventures Platform and Multiply Partners, with participation from P1 Ventures and other investors.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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IFC Invests $25 Million in Metier in Southern and East Africa
Private equity investment in Africa remains among the lowest in emerging markets, representing just 4% of total volumes.
- Categories
- Investing
- Region
- Sub-Saharan Africa