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Traction Raises $6 Million Seed as Nigeria’s Merchant Acquiring Space Continues to Heat Up
The investment was anchored by Pan-African investor Ventures Platform and Multiply Partners, with participation from P1 Ventures and other investors.
- Categories
- Finance, Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- financial inclusion, fintech, MSMEs
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Impact Investors Embrace Measurement Tools, GIIN Reports
While more investors are using impact data to inform their decisions, one headwind is the lack of comparability.
- Categories
- Investing
- Region
- Global
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Microfinance Clients In Groups Report Better Experience Than Individual Borrowers
These insights are from a preliminary look at the latest Microfinance Index (MFI), a survey of microfinance clients conducted by impact measurement company 60 Decibels.
- Categories
- Finance, Impact Assessment, Technology
- Region
- Global
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African Development Fund Approves US $16 Million for Youth Entrepreneurship Investment Bank in Liberia
The bank anticipates supporting over 30,000 youth-led businesses over the next 17 years.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Report: 78% Of India’s Handmade MSMEs Struggle to Access Working Capital, Hindering Cultural Economy Growth
Fifty-five per cent of handmade and craft-based MSMEs do not have clarity on the various financial instruments available in the market and how to access them.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: GIZ and Seedstars Launch Joint Initiative to Boost Financial Inclusion and Innovation in Palestine
Although 60% of adults possess bank accounts in Palestine, a mere 10% utilize credit products, owing to limited financial literacy and inadequate financial offerings.
- Categories
- Finance
- Region
- North Africa & Near East
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Vietnam’s Gimo Raises $17.1 Million in Funding Led by TNB Aura to Fuel Expansion
GIMO, a Vietnam-based FinTech startup, has announced the completion of Series A funding round with total capital raise of up to $17.1 million.
- Categories
- Finance, Technology
- Region
- South Asia
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Chapa Partners with Telegram to Revolutionize Digital Payments in Ethiopia
This partnership brings a new level of ease and efficiency to the world of e-commerce, benefiting both businesses and consumers.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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