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MOMO Secures Series D to Become Vietnam’s Next Super-App; Plans to Launch New Startup Fund
Vietnam-based payments app Momo has raised an undisclosed amount in Series D financing, says a DealStreetAsia report.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments, startups
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Development Bank of the Philippines Lends $13.4 Million to Agriculture Startup Project
State-run Development Bank of the Philippines (DBP) has lent P645 million to a domestic agriculture enterprise to help improve its banana flour and coconut sugar manufacturing and export capabilities.
- Categories
- Agriculture, Investing
- Region
- South Asia
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SEC vs Chaka: Regulation May Be Coming to Nigeria’s Investment-Tech Platforms
The consumer side of Nigerian fintech is full of new activity. Digital lenders offer loans in minutes, cryptocurrency first-movers abound, and startups are helping users invest in reliable financial assets.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- fintech, regulations, startups
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India’s Cred Raises $81 Million, Buys Back Shares Worth $1.2 Million From Employees
CRED is one of the most talked about startups in India, in part because of the scale at which its valuation has soared and the amount of capital it has been able to raise in such a short period.
- Categories
- Uncategorized
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Brainly Raises $80 Million as Its Platform for Crowdsourced Homework Help Balloons to 350 Million Users
Brainly, a startup from Poland that has built a popular network for students and their parents to engage with each other for advice and help with homework questions, has raised $80 million, a series D that it will be using both to continue building out the tools that it offers to students as well as to home in on expansion in some key emerging markets such as Indonesia and Brazil. The news comes on the heels of dramatic growth for the company, which has seen its user base grow from 150 million users in 2019 to 350 million today.
- Categories
- Education
- Tags
- startups
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Businesses Behaving Badly: The Troubling Parallels Between Microfinance and Facebook
Chuck Waterfield left microfinance five years ago, after working in the sector for three decades. He stopped using Facebook three years ago, after using the platform for about 10 years. As he explains, he left them both for a similar reason: Their business models have grown increasingly problematic over time – and without external intervention, things are likely to get worse.
- Categories
- Finance, Social Enterprise, Technology
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Unity During the Pandemic: How the Social Enterprise Community is Coming Together to Survive COVID-19
The economic fallout from COVID-19 could increase global poverty by as much as half a billion people. And as Pamela Roussos at Miller Center for Social Entrepreneurship points out, the pandemic is also delivering a heavy blow to the social enterprises that fight poverty around the world. She explores some new and innovative ways these enterprises, and the broader sector, are responding to the crisis.
- Categories
- Coronavirus, Social Enterprise
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Facing Up to Failure: An Open Letter to Entrepreneurs During COVID-19
Leading a startup is hard. Leading a purpose-driven startup is harder. And as Mike Quinn, co-founder of Zoona writes, leading a purpose-driven startup while a deadly global pandemic has shut down the entire economy is almost impossible. In this heartfelt letter, he offers some straight talk – and a surprising silver lining – to help entrepreneurs through this unprecedented time.
- Categories
- Coronavirus, Social Enterprise
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