Tag: Financial Inclusion

Financial platform Prósperos raises $3m to transform Latino banking

Prósperos, a company focused on delivering a powerful financial platform for the Spanish-speaking Western hemisphere, has raised $3m.

ZainCash partners with Temenos to boost digital payment services in Iraq

ZainCash, a subsidiary of March Holding and a leading payment service provider in Iraq, has partnered with Temenos, a global market leader in banking...

The future of investing: Velexa’s role in shaping accessible wealth management

The proliferation of WealthTech companies has helped more retail investors gain access to the world of investing, but there is still a gap. New technology and access to financial education is helping to bolster the democratisation of investing.

Sierra Leone’s Metro Cable and Velmie team up for Vult: A...

Metro Cable, Sierra Leone's leading provider of high-speed gigabit internet access, and Velmie, a renowned banking technology provider, have teamed up to launch Vult, a modern digital wallet solution.

High interest rates cause Lending Tech seed deal activity to almost...

Key Global Lending Tech seed investment stats in Q1 2024: • Lending Tech seed deal activity reached 46 funding rounds in Q1 2024, a 49%...

Endava partners with Finexos to revolutionise AI-driven credit risk management

Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has announced its partnership with Finexos, an AI-powered credit risk and analytics platform.

BimaPay secures $2m funding to revolutionise insurance technology in India

BimaPay Finsure has successfully secured a funding boost of $2m, orchestrated by LC Nueva Investment Partners, according to a report from the Hindu Business Line. 

Annapurna Finance secures $75m investment from Piramal Alternatives to boost microfinance

Piramal Alternatives, the fund management division of the Piramal Group, today announced a significant investment of USD 75 million (INR 600 crores) in Annapurna Finance Private Limited, a leading non-banking finance company focused on microfinance.

Saudi Arabia’s Abyan Capital closes $18m Series A round, led by...

Abyan Capital, a pioneering robo-advisory firm in Saudi Arabia, has closed an impressive $18m Series A funding round, with STV taking the lead alongside Wa'ed Ventures and RZM Investment.

Northern Arc secures $80m boost from IFC, enhancing financial inclusion in...

Northern Arc, a diversified non-banking financial company (NBFC), proudly announces securing an investment of $80m from the International Finance Corporation (IFC), a member of the World Bank Group.

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