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Press Release: IncoFin Reaches Final Close of its India Progress Fund
Investors entrusted USD 77 million of capital to the fund to continue investing in financial inclusion and the agri-food value chain in the Indian rural economy.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
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Trade Finance Platform Marco Gets $200 Million Line of Credit, Focuses on Latin America – US
Trade finance platform Marco says it has raised $200 million in a line of credit from MidCap Financial and Castlelake.
- Categories
- Finance
- Region
- Latin America
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Indian SaaS Fintech Mintoak Bags $20 Million in Series A Funding
Mintoak will also focus on strengthening its presence in India and expanding into new markets across the Middle East, Africa and Southeast Asia.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- financial inclusion, fintech, MSMEs
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M-Pesa Eyes the Global Remittances Trillion-Dollar Market
The Kenyan fintech behemoth is ramping up an ambitious expansion drive to woo markets in the global North.
- Categories
- Finance
- Region
- Global
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Smile Identity Lands $20 Million Series B for Pan-African Expansion
Africa's leading KYC onboarding and identity verification platform, Smile Identity has secured a $20 million Series B to grow its team and expand its offering across Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Understanding the Coping Strategies of Financially Distressed Households: New Data Shows Their Value — And Lasting Consequences
COVID lockdowns had a grave impact on the financial health of low-income communities around the world — and as Scott Graham, Anahit Tevosyan and Andrée Simon at FINCA International point out, further financial shocks are a virtual certainty for these households. They share data gathered during the pandemic that reveals the coping strategies FINCA clients used to navigate the crisis — and they discuss how these strategies have left low-income households vulnerable to future economic disruptions and income shocks.
- Categories
- Finance
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Oikocredit Invests $5 Million in Yellow to Support Growth of Solar Home Systems in Africa
funding will enable Yellow to strengthen its operations in four countries in sub-Saharan Africa.
- Region
- Sub-Saharan Africa
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QUASH.ai Receives $3.7 Million Investment to Expand Reach in Latin America
The new capital will enable QUASH to expand its reach and provide its services to over 1,000 financial institutions in the next three years.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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