Tag: Financial Inclusion

The DMI Group has revealed its strategic acquisition of the ZestMoney platform in a fire sale that concludes a turbulent year for the Goldman Sachs-backed firm.

Phalanx Impact Partners, a pioneering investment firm with a focus on fostering positive environmental and community change, has recently announced a significant investment in CollateralEdge.

Prometeo, an innovative startup based in Uruguay, recently announced a significant milestone in its journey to revolutionise open banking across Latin America. 

Salmon, a Southeast Asian FinTech startup, has received regulatory approval to acquire the controlling interest in Rural Bank of Sta. Rosa (Laguna), making it a licensed bank in the Philippines.

Mastercard and illicocash, the FinTech division of Rawbank, are collaborating to introduce a virtual card program in the Democratic Republic of the Congo (DRC).

Jakarta-based Komunal, an innovative player in the FinTech sector, has successfully raised an additional $5.5m in its extended Series A funding round.

Funding Societies, a leading Southeast Asian FinTech company, has recently secured a substantial investment from Khazanah Nasional Berhad and CGC Digital Sdn Bhd. 

Salad Money, a pioneering social enterprise, and D•One, The ClearScore Group's open banking services arm, have recently entered into a significant partnership.

JULO, a prominent Indonesian peer-to-peer FinTech, has introduced a pioneering insurance cover, which aims to provide ongoing device protection to its users.

Aye Finance, an Indian startup specializing in digital lending to small businesses, has raised $37.18m in an all-equity Series F round.