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Tugende Closes Pre-series B Funding Raising a Total $10 Million in Equity and Debt Transactions
Fintech platform for MSME credit and asset-financing in East Africa, Tugende has closed a pre-Series B equity funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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U GRO Capital Raises $5 Million in Partnership With Enabling Qapital in India
U GRO Capital, a listed entity that operates a Fintech lending platform for MSMEs (Micro, Small and Medium Enterprises).
- Region
- Asia Pacific
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Press Release: Deetken Impact Launches Gender-Smart Alternative Finance Fund
The Fund will complement the strong track record of its first three debt impact funds by offering gender-smart, tailored financing instruments at scale.
- Categories
- Investing
- Region
- Latin America
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Cashing In on Sustainability: A Blended Finance Program Aims to Fight Climate Change by Catalyzing SME Investment in the Peruvian Amazon
Peru has lost an average of 100,000 hectares of rainforest per year since 2006, as illicit, extractive businesses are pushing the Amazon ecosystem closer to total collapse. But as Luis Garate at USAID CATALYZE Peru and Rocio Perez Torres at Palladium point out, without access to financing, the sustainable small and medium-sized enterprises (SMEs) that could take the place of illegal, extractive businesses are often left out of market growth. They discuss how CATALYZE is partnering with private sector financial service providers and investors to mobilize capital for sustainable SMEs in this vital region.
- Categories
- Environment, Investing
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Southeast Asia’s Fintech Fazz Finalizes $100 Million Series C Round Led by Tiger Global
Southeast Asia’s Fintech platform Fazz, a business account for companies of all sizes, recently secured $100 million via Series C funding.
- Categories
- Finance, Technology
- Region
- South Asia
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Globacom’s Payment Service Bank Primed to Boost MSME Ecosystem in Nigeria
Central Bank of Nigeria has proposed Payment Service Banks aimed at deepening financial inclusion in Nigeria.
- Categories
- Finance, Technology
- Tags
- financial inclusion, MSMEs
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Colombian Fintech Start-Up Plurall Bags $20 Million Debt Funding
Plurall, a Latin American fintech start-up aiming to provide financial services for entrepreneurs, has raised $20 million in debt financing.
- Categories
- Finance, Technology
- Region
- Latin America
- Tags
- financial inclusion, fintech, MSMEs, startups
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PayU Finance’s LazyPay Partners With Dukaan to Offer Buy Now Pay Later Solution to Small Businesses in India
Integrating the BNPL solution into the available payment modes will help merchants improve their sales and encourage first-time customers to become repeat customers, LazyPay said.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- MSMEs, partnerships
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