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Kenyan Businesses Are Dropping the World’s Favorite Mobile Money Service
The shift by businesses away from M-Pesa payments is a remarkable turn in a country known for pioneering mobile money, and where the service is ubiquitous.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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World Bank’s IFC Backs Indian Insurtech Startup Onsurity in $24 Million Funding
Onsurity aims to fill the gap with its suite of offerings designed specifically for MSMEs enterprises and emerging businesses.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Climate Finance Startup Pyrpose Opens Public Beta Enabling Consumers to Directly Support Climate Innovators
The Pyrpose platform allows consumers to understand their own carbon footprint and enables them to take action to tackle climate change.
- Categories
- Environment, Finance
- Region
- Sub-Saharan Africa
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Arnur Credit Bags $9 Million from IFC to Aid Women-Led MSMEs in Kazakhstan
The project is aligned with IFC’s strategy in Kazakhstan to boost private sector-led growth through support to the financial sector and investments.
- Categories
- Investing
- Region
- Europe & Eurasia
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Press Release: International Fund for Agricultural Development and Malawi to Build Resilience and Productivity of Small-Scale Farmers and MSMEs amid Ongoing Crisis
Agriculture is the country’s main economic activity, accounting for 30 per cent of its Gross Domestic Product (GDP) and 80 per cent of its export earnings.
- Categories
- Agriculture, Environment, Technology
- Region
- Sub-Saharan Africa
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South African Fintech Startup Stitch Announces $25 Million Series A Extension Round
The funding will be used by Stitch to continue building its end-to-end payments solutions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- business development, MSMEs, scale
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CAF to Allocate USD$5 Million to Finance Innovative Startups
The Development Bank of Latin America and the Caribbean approved an investment of USD$5 million in NXTP Ventures Fund III to foster the development of technology startups in the region.
- Categories
- Investing, Technology
- Region
- Latin America
- Tags
- impact investing, innovation, MSMEs, scale, startups
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Fintech Mundi Raises USD$15 Million Investment Round
Fintech Mundi unveiled a new Series A-2 funding round totaling USD$15 million, with Haymaker Ventures being the lead investor.
- Categories
- Investing, Technology
- Region
- Latin America
- Tags
- fintech, international trade, MSMEs
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