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Edtech Start-Up Manara Raises $3 Million in New Financing
Funding round was led by FinTech company Stripe with participation from Careem founder Mudassir Sheikha and other major investors.
- Region
- Global
-
Press Release: 2022 FinHealth Spend Report Marks First-Ever Decline in Ten Year History of Tracking Fees and Interest Paid for Everyday Financial Services
Reduction attributed to student loan debt moratorium, pandemic-related decline in credit card debt, and government stimulus funds allowing many to avoid high-cost lending; but underserved populations still pay a greater proportion of fees and a number of factors indicate a likely rise in the year ahead.
- Categories
- Finance
- Region
- Global
-
UNCDF Partners with Our Telekom to Develop Mobile Money Services in Solomon Islands
Telekom to launch mobile money services in Solomon Islands in efforts to boost financial inclusion and transform the digital payments ecosystem in the country.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Line Acquires $25 Million in Equity, Debt to Build Inclusive Financial System
Line, the firm building a “modern” inclusive financial network, announced that it has secured $25 million in equity and debt, with Massive leading the funding round.
- Categories
- Finance
- Region
- Asia Pacific
-
Kinara Capital Raises $50 Million in Equity from Nuveen, ASN Microkredietfonds to Boost Lending to MSMEs in India
India’s Kinara Capital recently raised INR 3.8 billion (USD 50 million) in equity from the Global Impact Fund of US-based Nuveen.
- Categories
- Finance
- Region
- Asia Pacific
-
Panama Is Poised to Approve the Use of Bitcoin and 8 Other Cryptos ‘Without Limitation’
Lawmakers in Panama have approved a bill that would regulate the use of Bitcoin and eight other cryptocurrencies to be used to pay taxes and private transactions.
- Categories
- Finance, Technology
- Region
- South Asia
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Honeycomb Credit, Upstart Co-Lab to Allow Institutional Money to Participate in Crowd Loans
Honeycomb Credit, a bank replacement regulated Funding Portal, has announced a partnership with Upstart Co-Lab, to offer a “first-of-its kind loan crowdfunding platform.”
- Region
- North America
-
We-Fi announces New Round of Funding for Women Entrepreneurs; $15 Million to the Africa Digital Financial Inclusion Facility to Improve Access to Finance for Women-owned Small Businesses
Africa Digital Financial Inclusion Facility (ADFI) will receive $15 million to develop and extend digital financial solutions to women-owned small and medium businesses.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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