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Econet Wireless, Untu Capital partner to launch mobile money bond platform in Zimbabwe
Zimbabwe's Econet Wireless, touted by analysts as best placed to develop mobile money offerings alongside Safaricom, has opened a mobile money bond purchase platform in partnership with Untu Capital to raise US$1 million in support of local start-ups - specifically to address the low level of funding in this space.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Michael and Susan Dell Foundation-backed Education Catalyst Fund makes two bets
Education Catalyst Fund, which is managed by global philanthropic organization Michael and Susan Dell Foundation-backed CBA Capital, has made two more investments in the education space.
- Categories
- Investing, Technology
- Region
- South Asia
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This Social Entrepreneur is Creating Employment in Underserved Areas
Started in 2014, the non-profit body focuses on youth and women from ages 18-25 in the most rural parts of the world. The initiative builds conscious enterprises and undertakes income enhancement initiatives for indigenous and underprivileged communities by engaging urban leaders and start-ups.
- Categories
- Uncategorized
- Region
- South Asia
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Press release: Ulula Raises $1 Million in Seed Funding to Improve Labor Conditions in Global Supply Chains
Ulula, a software and analytics platform that equips companies with tools to monitor human rights risks, announced today it raised $1 million in private seed funding to expand its mobile platform that enables organizations to engage workers directly, in real time, across global supply chains.
- Categories
- Technology
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Press release: Village Capital and MetLife Foundation Award $50,000 To Middle East Financial Health Startups at Forum in Dubai
“MetLife Foundation is proud to partner with Village Capital on this innovative financial health forum that identifies and accelerates early-stage entrepreneurs who are leading the way toward a more financially inclusive Middle East,” said Dennis White, President and CEO, MetLife Foundation. “Village Capital’s approach to identify and support local entrepreneurs that have a deep understanding of culturally-relevant customer needs and solutions helps advance MetLife Foundation’s overall goal to provide individuals and communities with the tools they need to achieve sustainable financial well-being.”
- Categories
- Uncategorized
- Region
- North Africa & Near East
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The countdown begins: Top fintech trends that India can expect in 2018
The year has pretty much offered what everyone expected. It has cemented the significance of the fintech sector in India. From increased momentum behind digital payments to product innovation in digital loan disbursement platforms, the entire sector is leaving no stone unturned to ensure that the nation functions the way it does and achieves the two-digit growth rate that it has persistently been longing for.
- Categories
- Finance
- Region
- South Asia
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Latin America’s Fintech Rebels Declare War on Inflation
A frustrated 49 percent of the region’s population and many small- and medium-size businesses are outright excluded from traditional financial services, according to the Inter-American Development Bank (IADB). Others, who have access, don’t even bother using the system because of decades of broken promises.
- Categories
- Finance
- Region
- Latin America
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How social enterprise i=Change raised $500,000 through e-commerce donations to empower women globally
“I had no idea of the social enterprise space at the time, all I wanted was to have an impact on what many consider the most endemic issue of our time. Whether it’s helping girls stay in school, or stopping them from being married at 12, there needs to be equality in how we support young girls around the world.”
- Categories
- Uncategorized