-
Gates Foundation’s Mojaloop Finance Code Gains in Africa And Asia
Mojaloop will make payments faster, and through its centralist directory, more secure, said DFS.
- Categories
- Finance, Technology, Telecommunications
-
India’s ZestMoney Raises $20m to Grow Its Digital Lending Service
The round is led by Quona Capital, a stealthy Washington-based fund that invests in emerging market fintech and has an office in India.
- Categories
- Finance, Technology
- Region
- South Asia
-
Africa’s Startup Ecosystems Are at a Major Turning Point
Back in 2015 the then-African Internet Group (now Jumia) would have been among the few African startups worth a closer look from US tech investors for an international play.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
-
A Financial Lifeline for Tech Startups: The Value of Bridge Funds in Social Enterprise
Social entrepreneurs working in next-gen tech startups are often well-versed in the intricacies of acquiring early-stage investments. But according to Sahaj Desai, they may be less aware of another type of financing that can be equally vital to their growth: bridge funding. Desai explores the uses and advantages of this funding, and why it can be uniquely valuable to social startups.
- Categories
- Investing, Social Enterprise
-
Venture capital funds are starting to make bigger bets on African startups
Funding has long been a challenge for African startups but the tide has started to turn in the last year as the sector heats up and both investors and entrepreneurs start to see some of their long term efforts come to fruition.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- startups, venture capital
-
Naspers Arm PayU Buys Fintech Startup Wibmo in $70 Million Deal
Founded in 1999 by Setlur and Veena Mistry, Wibmo provides digital payment security technology in India and other emerging markets.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech, startups
-
Pearson Launches New Investment Fund, With Focus on Tech and Workforce Skills
“Whether it is a student seeking help with math homework, or an adult seeking a master’s degree, we know learners need education that is convenient, flexible and life changing,” Jonathan Chocqueel-Mangan, the chief strategy officer at Pearson, said in a statement. “We also know education will look different in the future, so finding new business models, incorporating emerging technologies into our products and seeking new partners for collaboration is becoming more important than ever.”
- Categories
- Education, Investing, Technology
- Region
- North America
- Tags
- edtech, impact investing, startups
-
Jumia: ‘Africa’s Amazon’ in Landmark Stock Market Listing
Shares in Africa's largest e-commerce firm have debuted on the New York stock market, which could see other tech start-ups on the continent follow suit.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups