Tag: microfinance

Premier Credit Uganda, a licensed microfinance institution and subsidiary of The Platcorp Group, has raised $1.5m from Swiss impact asset manager Enabling Qapital to expand its operations and further its mission of driving financial inclusion across the country.

CredRight secures $10m Series B to expand MSME lending in India. Learn more about its growth plans and investors

Key Global FinTech investment in 2024: Global FinTech deal activity halved in 2024 India joined top three for global deal activity with 4% of...

Froda, a FinTech specialising in SME financing, has expanded its partnership with the European Investment Fund (EIF) by securing an additional €100m in lending capacity.

UsPlus, a South Africa-based financial services firm specialising in working capital solutions for small to medium-sized enterprises (SMEs), has secured a $2m mezzanine investment from Verdant Capital Hybrid Fund.

Key Indian FinTech investment stats in H1 2024: Indian FinTech deal activity decreased by 43% YoY Average deal size increased from $12.7m to $16m...

Indonesian microfinance technology company, Amartha, has received a $17.5m equity investment from the Accion Digital Transformation Fund.

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.

Key Indian FinTech investment stats in Q1 2024: • Indian FinTech deal activity reached 56 funding rounds in Q1 2024, a 33% drop from Q1...

Fusion Microfinance, an India-based micro lending platform, has reportedly raised INR 500 Crore ($70.6m) in its latest funding round.