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| Oct 30, 2026 | From Catapult to capital: NextFin Asia reaches first investment milestone with Indonesia's Finfra | First Catapult: Inclusion SE Asia participant to receive investment through NextFin Asia
LUXEMBOURG, Oct. 30, 2026 /PRNewswire/ -- The Luxembourg House of Financial Technology (LHoFT) today announced that Finfra, an Indonesia-based lending-... |
| Sep 11, 2026 | Could US frontier AI labs dominate banking? | Financial services have become one of the hottest battlegrounds in AI. Financial services is Anthropic's second- biggest industry by enterprise revenue, while OpenAI has hired investment banking experts to train its models on Wall Stre... |
| Apr 23, 2026 | The business of access: LaTasha Waddy on leadership, the future of NFM, and inclusive lending | |
| Feb 11, 2026 | Lending startup Olyv bags $23 million from Fundamentum, SMBC Fund | Synopsis
Bengaluru-based consumer lending startup Olyv has secured $23 million in a fresh funding round from Fundamentum Partnership and SMBC Asia Rising Fund.
ETtech
Bengaluru-based consumer lending startup Olyv has secured $23 million in ... |
| Jan 14, 2026 | Former Five-Star Business Finance CEO Krishnan takes over MSME lender as Accion exits | Premium
Rangarajan Krishnan
Rangarajan Krishnan, a former CEO of Mumbai-listed lender Five-Star Business Finance Ltd, has acquired a controlling stake in a non-bank finance company in a transaction that led to the exit of impact investor Ac... |
| Nov 17, 2025 | Creador buys into IKF Finance as Accion scores an exit | K Vasumathi Devi, managing director, IKF Finance
Creador, the South and Southeast Asia-focused private equity firm founded by former ChrysCapital partner Brahmal Vasudevan, has invested in Indian non-bank lender IKF Finance Ltd through a se... |
| Sep 12, 2025 | Accion commits 30 percent to Indian startups after closing $61.6 M second fund | With a clear focus on advancing financial inclusion through fintech innovation, global impact investor Accion closed its second early-stage fund, raising $61.6 million.
The fund is part of the Accion Venture Lab (now Accion Ventures) initia... |
| Sep 9, 2025 | Accion Closes USD 61.6 Mn Fund to Back Early-Stage Fintech Startups The new fund aims to support early-stage fintech startups across multiple regions, including Africa, South and Southeast Asia, Latin America, and the United States. | Accion, a global nonprofit organisation focused on financial inclusion, has closed its second fund with a target corpus of USD 61.6 million.
The new fund aims to support early-stage fintech startups across multiple regions, including Africa... |
| Sep 9, 2025 | Agrim, Cashinvoice backer Accion Ventures raises new fund with India mandate | Credit: 123RF.com
Accion Venture Lab, the US-based social impact investor Accion’s investment arm that focuses on early-stage investments, has closed its second early-stage fund that has an India mandate.
The social impact investor closed t... |
| Sep 9, 2025 | Accion: $61.6 Million Fund Closed To Invest In Early-Stage Fintechs | Accion, a global nonprofit focused on financial inclusion, has announced the final close of its second early-stage fintech fund, Accion Venture Lab Fund II, LP, now rebranded as Accion Ventures. The $61.6 million fund will be deployed to su... |
| Sep 8, 2025 | Accion closes on $61.6m sophomore fund investing in early-stage inclusive fintech | |
| Aug 30, 2025 | Weekly Roundup: Top Startup Fundings Deals (August 23–29) Diverse Sectors See Fresh Capital Inflows | The startup ecosystem in India continues to attract strong investor interest, with companies across fintech, housing finance, and lifestyle brands raising significant funding this week. From empowering small businesses with financial access... |
| Aug 28, 2025 | TransBnk snags Series B cheque from Bessemer Venture Partners, others | Vaibhav Tambe, CEO and co-founder, TransBnk
TransBnk Solutions Pvt Ltd, which operates an eponymous banking infrastructure platform, has closed its Series B round, pocketing $25 million (Rs 219.5 crore), as it charts international expansion... |
| Aug 28, 2025 | Banking infrastructure startup TransBnk raises $25 million from Bessemer Venture Partners, others | Synopsis
TransBnk, a banking infrastructure startup, secured $25 million in funding led by Bessemer Venture Partners to fuel its expansion into Southeast Asia and the Middle East. The company aims to enhance its technology and product teams... |
| Aug 28, 2025 | Bessemer Leads USD 25 Mn Series B Round in Fintech Startup TransBnk The Mumbai-based company plans to use the fresh capital to expand its presence across new geographies and strengthen its technology and product teams. | Banking infrastructure platform TransBnk has secured USD 25 million in a Series B funding round.
The round was led by Bessemer Venture Partners with participation from Arkam Ventures, Fundamentum Partnership, 8i Ventures, Accion Venture Lab... |
| Aug 27, 2025 | With Global Investor Support, Amartha Financial Launches Digital Services for Indonesian Grassroots Entrepreneurs in 50,000 Villages | Indonesia's Amartha rebrands as Amartha Financial Group, launching digital financial services to transform the rural economy in 50,000 villages and beyond with the backing of global investors.
JAKARTA, Indonesia, Aug. 27, 2025 /PRNewsw... |
| Aug 25, 2025 | Fintech startups Kiwi, CredRight raise Series B funding | (L-R) – Kiwi founders Siddharth Mehta, Mohit Bedi and Anup Agrawal
Fintech startup Kiwi, which facilitates credit via UPI for its customers, has pocketed $24mn (Rs 209 crore) in its Series B funding round led by Vertex Ventures Southeast As... |
| Aug 25, 2025 | NBFC CredRight raises $10 million in round led by Abler Nordic | Synopsis
This is the first investment from the recently closed fifth fund of Abler Nordic (formerly Nordic Microfinance Initiative). Existing investors, the Michael & Susan Dell Foundation and Unleash Capital, also participated. The fre... |
| Aug 25, 2025 | CredRight Secures USD 10 Mn Series B Funding to Expand MSME Lending The Series B funding round was led by Abler Nordic's Fund V, with participation from existing investors Michael & Susan Dell Foundation and Unleash Capital. | Hyderabad-based non-banking financial company CredRight has raised USD 10 million in a Series B funding round led by Abler Nordic, marking the first investment from its new Fund V.
Existing investors Michael & Susan Dell Foundation and ... |
| Aug 18, 2025 | Flood, a South African startup Secures $2.5M in seed funding | South African startup Flood has raised $2.5 million in seed funding to accelerate its mission of bringing offline commerce into the digital economy across emerging markets.
The round was backed by Founders Factory Africa, Accion Venture Lab... |
| Jul 25, 2025 | GVFL supports Magma in extended Series A funding round | With GVFL Ltd.’s strategic investment, industrial solutions company Magma has expanded its Series A round, joining a group of investors that also includes Capria Ventures, General Catalyst, Accion Venture Lab, and others.
To date, the Ahmed... |
| Jul 22, 2025 | GVFL Invests in Magma as Part of Extended Series A Round This funding round also includes notable investors such as Capria Ventures, General Catalyst, and Accion Venture Lab. | GVFL Ltd has announced a strategic investment in Magma, an Ahmedabad-based industrial solutions provider, as part of the company's extended Series A round. This funding round also includes notable investors such as Capria Ventures, Gen... |
| Jul 22, 2025 | Escape Plan, ApClub, Magma secure early-stage funding | Shalabh Malhotra, founder and CEO, ApClub
Lifestyle company Escape Plan, fitness startup ApClub, and industrial solutions firm Magma have secured funding in separate early-stage rounds, the companies said on Tuesday.
Escape Plan
Bengaluru-b... |
| Jul 8, 2025 | PaidHR, a Nigerian HR‑tech startup Secures $1.8 Million Seed funding | Nigerian HR‑tech startup PaidHR has officially closed a $1.8 million seed funding round, led by Accion Venture Lab and joined by returning investors Zrosk, Chui Ventures, and Zedcrest Capital.
Founded in 2020 by Seye Bandele and Lekan Omoto... |
| Jun 11, 2025 | Flexiloans and Churchill Asset Management: A Tale of Growth and Opportunity | In the bustling world of finance, two stories stand out. Flexiloans, a lending startup in India, and Churchill Asset Management, a U.S. investment firm, have both recently made headlines. Their journeys reflect the pulse of modern investmen... |
| Jun 11, 2025 | FlexiLoans Raises INR 375 Crore in Series C Round to Boost MSME Lending The round was led by existing investors including Fundamentum, Accion Digital Transformation Fund, Nuveen, and Maj Invest, while British International Investment (BII), the UK's development finance institution, joined as a ... | Digital lending platform FlexiLoans has raised INR 375 crore in fresh equity funding as part of its Series C round, according to a press release issued by the company. The latest tranche adds to the INR 290 crore raised in September 2024, t... |
| Jun 11, 2025 | Flexiloans raises another Rs 375 crore from Fundamentum, Accion and others | ETtechL-R, Manish Lunia, Deepak Jain, Ritesh Jain, founders, Flexiloans
New-age non-banking finance company Flexiloans has raised Rs 375 crore in a mix of primary and secondary capital to fuel its expansion plan.
Read More News on
Flexiloan... |
| Jun 11, 2025 | Flexiloans raises nearly $44 mn in extended Series C round | Deepak Jain, co-founder, Flexiloans
Lending startup Flexiloans, which provides loans to India’s micro, small and medium enterprises (MSMEs), has secured Rs 375 crore (nearly $44 million) in fresh equity funding as a part of an extended Seri... |
| May 15, 2025 | IKF Finance raises ₹1,465 crore from Norwest and Motilal Oswal Alternates | IKF Finance, a non-banking financial company based in Hyderabad, has raised around ₹1,465 crore ($175 million) from global investment firm Norwest and existing investor Motilal Oswal Alternates, the company announced on Thursday. The round,... |
| Apr 16, 2025 | Magma Nets $5 Mn To Fuel Industrial Solution Offerings | SUMMARY
The funding round also saw participation from Avinya Ventures and Capria Ventures’ partner Sanjiv Rangrass and existing investors like General Catalyst, Accion Venture Lab and WEH Ventures
Magma looks to deploy the fresh proceeds to... |
| Mar 10, 2025 | ResilienceVC: Debut Fund Launched At Over $56 Million | ResilienceVC, a seed-stage venture capital firm that invests in fintech startups driving financial resilience for all Americans, announced the closing of its debut and oversubscribed fund. With its inaugural fund attracting a diverse range ... |
| Dec 4, 2024 | Empowering Growth: IFC's Strategic Investments in MSMEs and Agriculture | In the ever-evolving landscape of global finance, the International Finance Corporation (IFC) stands as a beacon of support for small and medium-sized enterprises (MSMEs) and agricultural innovators. Recently, two significant investments ha... |
| Dec 3, 2024 | FlexiLoans taps another investor after getting three new Series C backers | Premium
(From left) Flexiloans co-founders Manish Lunia, Deepak Jain and Ritesh Jain
Mumbai-based digital lender FlexiLoans is adding another investor to its cap table, less than three months after raising Series C capital from three new ba... |
| Dec 3, 2024 | IFC to invest $20M in MSME-focused NBFC FlexiLoans | The International Finance Corporation (IFC), a member of the World Bank Group, will invest up to $20 million in Epimoney Pvt Ltd, the parent company of Mumbai-based NBFC FlexiLoans.
By financing FlexiLoans’ growth, IFC aims to empower a lar... |
| Sep 23, 2024 | Fintech FlexiLoans raised $35 M from Accion, Fundamentum, and others | FlexiLoans, a fintech lender that specializes in MSMEs, has raised Rs 290 crore, or $35 million, in its series C round led by global investors Maj Invest, Accion, and Fundamentum. Nuveen is the investment manager of TIAA.
With the money rai... |
| Sep 13, 2024 | [Weekly funding roundup Sept 7-13] Debt shows highest traction this week | The month of September continued to remain modest in terms of venture capital (VC) inflow, and this week saw the debt component getting highest traction.
The total VC funding for the second week of the month came in at $242 million cutting ... |
| Sep 12, 2024 | Accion, Leapfrog minting money from India bet but IFC sitting on a loss | Pro
Credit: Thinkstock
Global impact investors Accion and Leapfrog Investments are making multi-bagger returns on their investment in an Indian non-bank lender but International Finance Corporation is sitting on a loss. Accion and Leapfrog,... |
| Sep 12, 2024 | Proparco invests $5M in Omnivore; makes first VC fund investment in India
Recommended Stories For You | Proparco, an Agence Française de Développement (AFD) Group subsidiary, invested $5 million in Omnivore's third fund, the Omnivore Agritech and Climate Sustainability Fund.
Omnivore is an impact venture capital fund, which has invested ... |
| Sep 11, 2024 | FlexiLoans Secures $35 Million to Propel MSME Lending in India | FlexiLoans, a Mumbai-based fintech lender, has struck gold again. The company recently secured approximately $35 million (INR 290 crore) in a Series C funding round. This infusion of capital comes from a trio of global investors: Accion, Nu... |
| Sep 11, 2024 | FlexiLoans raises $35 Mn from Accion, Fundamentum, and others | MSMEs-focused fintech lender FlexiLoans has raised Rs 290 crore approximately $35 million in its series C round led by global investors Accion, Nuveen (the investment manager of TIAA), and Fundamentum, along with existing backer Maj Invest.... |
| Sep 11, 2024 | FlexiLoans Bags INR 290 Cr From Accion, Others To Boost Its MSME Lending Play | SUMMARY
FlexiLoans has raised INR 290 Cr (around $34.5 Mn) as a part of its Series C funding round from a clutch of investors, including Accion, Maj Invest, Nuveen and Fundamentum
The fresh infusion will help the NBFC to further fuel its gr... |
| Sep 11, 2024 | Flexiloans secures Rs 290 crore in funding from Accion, Fundamentum, others | ETtechL-R, Manish Lunia, Deepak Jain, Ritesh Jain, founders, Flexiloans
Mumbai-based digital lending startup Flexiloans has secured Rs 290 crore (around $35 million) in an equity funding round led by American not-for-profit fund Accion, US ... |
| Sep 11, 2024 | Flexiloans snags $35 mn in Series C round from three new backers | Manish Lunia, Deepak Jain and Ritesh Jain, Flexiloans
Lending startup Flexiloans has raised Rs 290 crore ($34.5 million) in a Series C round from global impact investors Accion and Nuveen, along with Nandan Nilekani’s venture capital firm F... |
| Sep 11, 2024 | FlexiLoans Raises INR 290 Cr Series C Funding to Expand Operations and Enhance Tech for MSME Lending The round was led by global and domestic investors, including Accion, Nuveen, Fundamentum, and existing investor Maj Invest, with Unitus Capital serving as the exclusive advisor to the transaction. | FlexiLoans, a digital lending NBFC focused on India's Micro, Small, and Medium Enterprises (MSMEs), has raised INR 290 crore in its Series C funding round. The round was led by global and domestic investors, including Accion, Nuveen, F... |
| Sep 11, 2024 | MSME lender FlexiLoans raises Rs 290 Cr in Series C for scaling operations
Recommended Stories For You | MSME financing platform FlexiLoans has raised Rs 290 crore in a Series C round. The round saw investments from global non-profit for financial inclusion, Accion; Nandan Neelakani-led Fundamentum, and asset management platform Nuveen. Priv... |
| Sep 11, 2024 | Indian fintech firm Flexiloans raises $35m in Series C to expand ops, offerings | Flexiloans, a Mumbai-headquartered digital lending platform catering to MSMEs, has raised Rs 290 crore ($35 million) in its Series C round led by Accion, Nuveen, Fundamentum, and existing investor Maj Invest.
The firm will use the funds to ... |
| Sep 2, 2024 | Deals in brief: Didi takes stake in AutoAi, Validus secures USD 50 million debt facility from HSBC, Genesia Ventures backs LaLa, and more | Didi offloads smart cockpit assets for stake in AutoAi
Didi, China’s ride-hailing giant, is trading its smart cockpit division for a stake in AutoAi, a state-backed player specializing in intelligent cockpit software and hardware.
Details o... |
| Aug 7, 2024 | The Surge of Innovation: A Look at Recent Startup Funding in India | The Indian startup ecosystem is buzzing. Recent funding rounds showcase a diverse array of sectors, from medtech to agritech, and even dating apps. Investors are eager to back innovative ideas. The landscape is shifting, and the stakes are ... |
| Aug 7, 2024 | Agribusiness platform Agrizy secures $9.8m to connect India’s small food processors with global markets | When it comes to turning farm produce into non-perishable items like oilseeds, cereals and jute, India lags substantially behind other markets, with just 10% of its produce going to this segment compared to 40% in China and 70% in markets l... |
| Aug 6, 2024 | Agrizy's $9.8 Million Boost: A Game Changer for India's Agri-Processing Sector | In the bustling world of agritech, a new player is making waves. Agrizy, a B2B agri-processing platform based in Bengaluru, has secured $9.8 million in a Series A funding round. This investment, co-led by Accion and Omnivore, is set to resh... |
| Aug 6, 2024 | B2B agri-processing platform Agrizy raised $9.8 M Series A funding | The B2B agri-processing platform Agrizy has raised $9.8 million (Rs 82 crore) in its Series A funding round, which is being led by Accion and Omnivore. New investors Capria Ventures and Thai Wah Ventures have also participated, and Ankur Ca... |
| Aug 5, 2024 | Agrizy raises $9.8M funding led by Accion and Omnivore
Recommended Stories For You | B2B agri-processing platform Agrizy has raised $9.8 million in Series A funding round co-led by digital lending non-profit Accion and agri-investor Omnivore. The round also saw participation from Capria Ventures, Thai Wah Ventures, and exis... |
| Aug 5, 2024 | Agrizy Secures USD 9.8 Mn in Series A Round Led by Accion and Omnivore to Boost Agri-Processing The funding will be used to expand existing and new product lines, develop value-added advisory services, and provide quality financial services to better serve processors and Farmer Producer Organisa ... | Indian B2B agri-processing platform Agrizy has raised USD 9.8 million (INR 82 crore) in a Series A equity round co-led by Accion, a global nonprofit dedicated to financial inclusion, and Omnivore, an agritech investor in India. The round al... |
| Aug 5, 2024 | Agritech startup Agrizy raises $9.8 million in funding led by Accion, Omnivore | ETtechSaket Chirania (left) and Vicky Dodani, founders, Agrizy
Agritech startup Agrizy raised $9.8 million (about Rs 82 crore) in a funding round co-led by Accion and Omnivore.
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Agrizy fundingAgritech startupfundingAgrizyAc... |
| Jul 25, 2024 | Central Bank of India Soars with Record Profits Amidst Market Shifts**
** | ** The Central Bank of India (CBoI) has emerged as a phoenix from the ashes, reporting a staggering 110% increase in net profit for the first quarter of FY25. The bank's net profit reached ₹880 crore, a significant leap from ₹418 crore... |
| Jul 19, 2024 | Northern Arc and Sai Life Look To Raise Funds Through IPO: Secures SEBI Green Light Non-banking credit provider Northern Arc Capital and pharma company Sai Life Sciences, both have filed their respective draft papers with the Indian market regulator Securities and Exchange Board of India (SEBI) ... | Non-banking credit provider Northern Arc Capital and pharma company Sai Life Sciences, both have filed their respective draft papers with the Indian market regulator Securities and Exchange Board of India (SEBI) for a fundraising of a combi... |
| Jul 1, 2024 | The Best Funding Resources for Entrepreneurs With Disabilities There are numerous options to assist those in need. | Are you an entrepreneur with a disability? According to the CDC, the term disability refers to any physical or mental impairment that makes it harder for a person to participate in certain activities or interact with the surrounding world. ... |
| Jun 26, 2024 | Northern Arc Capital's Financial Leap with FMO Investment | Northern Arc Capital Limited, a non-banking financial company (NBFC), has secured a significant boost of USD 75 million from the Dutch development bank FMO. This investment, made through senior secured non-convertible debentures (NCDs) list... |
| Jun 25, 2024 | Northern Arc Secures USD 75 Mn Boost for Micro and Green Loans Projects The funds raised will be deployed in retail microloans, MSME loans, and green loan projects. | Northern Arc Capital Limited, a non-banking financial company (NBFC), has secured USD 75 million via senior secured non-convertible debentures (NCDs) listed on the BSE, with a five-year duration, from the Dutch development bank FMO. With th... |
| Jun 25, 2024 | Northern Arc Capital secures $75M from FMO via senior NCDs on BSE
Recommended Stories For You | Non-banking financial company (NBFC) Northern Arc Capital Limited has secured $75 million from Dutch development bank FMO through senior secured non-convertible debentures (NCDs) listed on BSE, with a five-year tenure.
This transaction bo... |
| Jun 22, 2024 | Microfinance technology firm Amartha received $17.5 M from Accion Digital Transformation Fund | The international nonprofit Accion announced that the Accion Digital Transformation Fund had invested $17.5 million in the Indonesian microfinance technology startup Amartha.
In a statement, Accion said that by utilizing data and artificial... |
| Jun 19, 2024 | Amartha Nets US$17.5M Funding from Accion to Empower Women-Led MSMEs | |
| Jun 17, 2024 | Indonesia’s Amartha bags $17.5m from US nonprofit | FintechInvestmentsNews
Elyssa Lopez · 14h ago · 2 min readIndonesia’s Amartha bags $17.5m from US nonprofit
Photo credit: Amartha
Amartha, an Indonesian peer-to-peer lending platform, has bagged US$17.5 million in fresh funding from global ... |
| May 21, 2024 | $152.5 M Digital Transformation Fund launched by Accion to assist small businesses with growth capital | Worldwide nonprofit Accion has introduced the US $152.5 million Accion Digital Transformation Fund (ADTx), which aims to give financial institutions the growth capital and strategic support for digital transformation they need to better mee... |
| May 21, 2024 | The Robert G. Wilmers Integrity Prize Appoints Three New Members to its Board of Directors | NEW YORK, May 21, 2024 /PRNewswire/ -- The Robert G. Wilmers Integrity Prize announces that it has elected John C. (Hans) Morris, Allison Sagraves, and Diana Taylor to its Board of Directors. They will join the board for its June meeting.
&... |
| May 20, 2024 | Weekly Economic Index: Flutterwave loses ₦11 billion to security breach, the CBN approves 14 new IMTOs, and oil and gas stocks decline by 6.5% in NGX | Here are three big stories from Africa’s business and policy landscape you (probably) didn’t miss but should keep in mind this week: Fintech Giant Flutterwave Hit by Alleged ₦11 Billion Security Breach
Last week, Nigerian fintech leader Flu... |
| May 15, 2024 | Accion launches $152.5m fund to back financial institutions serving small businesses | Accion, a global nonprofit, on Tuesday announced the launch of a $152.5 million fund to invest in financial institutions serving small businesses worldwide. |
| May 15, 2024 | Accion unveils $152.5m digital transformation fund | |
| Feb 12, 2024 | Accion Venture Lab raises $41m so far for latest fintech fund | Accion Venture Lab, the seed-stage investment initiative of global nonprofit fund Accion, has raised $41.25 million so far for its latest fintech fund, its filing with the Securities and Exchange Commission (SEC) shows. |
| Oct 31, 2023 | Verqor lands $7.5m from Yara, Accion and others to offer farmers ‘the fastest credit for agriculture in Mexico’ | Agrifintech startup Verqor has raised $7.5 million in funding to connect more farmers with credit via its alternative underwriting process.
Funding includes a $4 million pre-Series A led by Yara Growth Ventures. Accion Venture Lab, SP Ventu... |
| Jun 15, 2022 | Hailey Bieber Launches Rhode—And It’s Not Your Average Celebrity Beauty Brand | Hailey Rhode Bieber, Founder, Chairwoman and Creative Director of Rhode, with the Rhode Peptide ... [+] Glazing Fluid Courtesy of Stevie Dance |
| Feb 22, 2022 | Indonesia’s innovative startups are the catalyst for increasing investment | In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion. Much... |
| Jan 24, 2022 | In Kenya, Apollo Agriculture is building a pathway to commercial farming | It may sound contrarian, but Benjamin Njenga believes that Africa’s smallholder farmers are among the richest people in society.
“They are the people who own land,” says Njenga, co-founder and chief customer officer at Nairobi and Amsterdam... |
| Jan 24, 2022 | With a fresh $40m in the bank, TerraMagna is bringing ‘buy now, pay later’ to Brazilian farmers | Brazilian ag fintech startup TerraMagna recently raised $40 million in funding from Japanese tech giant SoftBank and other investors.
The round included $30 million in debt financing and a $10 million equity component.
SoftBank Latin Americ... |
| Sep 23, 2021 | Lami Technologies and Sendy announce new partnership in Kenya | Share this:
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| Jul 7, 2021 | Nigerian fintech, Lidya, raises $8.3m pre-Series B | Share this article:
Nigerian fintech, Lidya, has announced $8.3 million pre-Series B funding. In 2019, the company expanded its operations to Eastern Europe — although activities began after Q1 2020 — and will use this raise to grow lending... |
| Jun 29, 2021 | Fairbanc Secures Funding from ADB Ventures, Accion Venture Lab, East Ventures, and Sampoerna to Scale Indonesian's Micro Merchant's Access to Embedded Credit Products | JAKARTA, Indonesia and SINGAPORE, June 29, 2021 /PRNewswire/ -- Fairbanc announced it has raised an undisclosed seven figures investment in a pre-Series A from ADB Ventures, the Asian Development Bank's venture arm, Accion Venture Lab,... |
| Jun 18, 2021 | Khazna receives Central Bank of Egypt approval to launch Khazna Card | Cairo-based fintech Khazna announced on 15 June that it has partnered with ADIB Egypt and Masria Digital Payments (MDP), to launch the Khazna Card, a Meeza prepaid card linked to its Super App.
Khazna helps over 20-million underbanked Egypt... |
| Jun 18, 2021 | Khazna receives Central Bank of Egypt approval to launch Khazna Card | Cairo-based fintech Khazna announced on 15 June that it has partnered with ADIB Egypt and Masria Digital Payments (MDP), to launch the Khazna Card, a Meeza prepaid card linked to its Super App.
Khazna helps over 20-million underbanked Egyp... |
| May 5, 2021 | Insurtech Lami closes $1.8M seed funding to accelerate growth of digital insurance across Africa | Share this:
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| May 5, 2021 | Kenyan Insurtech Lami raises $1.8 million seed funding | Lami, a Kenyan insurtech company democratizing insurance products and services for low-income Kenyans, has raised $1.8 million in seed funding. The funding round was led by Accion Venture Lab.
Founded by Jihan Abass in 2018, Lami is a digit... |
| Mar 24, 2021 | Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave | Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services.
Today, Bankly, a Nigerian fintech startup digitizing cash for the unbanked... |
| Mar 23, 2021 | Indian inputs platform sees shortcut to success with focus on midstream pain point | In India, the supply chain for ag inputs is extremely fragmented. There are over 80,000 firms — ranging from small family businesses to major corporates like UPL — selling $50 billion in seeds, fertilizers, and other inputs in the country e... |
| Mar 15, 2021 | This Nonprofit Offers Loans To Female Entrepreneurs, And Other Smart Ways To Fund Your Business | There are accessible options available to get scrappy and fund your company. getty |
| Oct 28, 2020 | Fintech, emerging markets, and the 5-year journey of Quona Capital | Editor’s note: This article is part of TC Insights’ Investor Snapshot Series. Today’s edition is focused on Quona Capital.
Emily owns a duka (small shop) in Kenya. Although she sells in small quantities, restocking is not a problem for her.... |
| Jul 22, 2020 | Accion Venture Lab invests in fintech platform Pintek to improve access to quality education in Indonesia | May 12 2020, Jakarta, Indonesia – Accion Venture Lab, Accion’s seed-stage inclusive fintech investment initiative, has invested in Pintek, an Indonesian fintech platform that provides credit to both students and education institutions to im... |
| May 21, 2020 | Kenyan agritech startup Apollo Agriculture raises $6m round | Kenyan agritech startup Apollo Agriculture has raised a $6-million Series-A investment round, led by Anthemis Exponential Ventures.
A number of other investors also took part in the round, including Leaps by Bayer, Flourish Ventures, Sage ... |
| May 21, 2020 | Kenyan agritech startup Apollo Agriculture raises $6m round | Kenyan agritech startup Apollo Agriculture has raised a $6-million Series-A investment round, led by Anthemis Exponential Ventures.
A number of other investors also took part in the round, including Leaps by Bayer, Flourish Ventures, Sage H... |
| Mar 13, 2020 | Coronavirus Will Be Even Worse For Low-Income People And Businesses, But Fintechs Can Help | As the world reacts to the novel coronavirus — now officially a pandemic according to the World Health Organization — many countries are beginning to suggest ways to help the citizens hurt by the virus. Quantitative easing to bolster the st... |
| Mar 12, 2020 | Quona Capital achieves final close of $203m for financial inclusion fund | US based investment fund Quona Capital has raised $203-million for its Accion Quona Inclusion Fund, to invest in tech startups that focus on financial inclusion in emerging markets.
The fund is a partnership with non-profit organisation Acc... |
| Mar 12, 2020 | Quona Capital achieves final close of $203m for financial inclusion fund | US based investment fund Quona Capital has raised $203-million for its Accion Quona Inclusion Fund, to invest in tech startups that focus on financial inclusion in emerging markets.
The fund is a partnership with non-profit organisation Ac... |
| Mar 11, 2020 | Nigeria based Field Intelligence closes $3.6m Series-A round | Nigerian startup Field Intelligence has announced that it has closed a $3.6-million Series-A funding round to fund the further roll out of its product Shelf Life, a supply chain finance platform for pharmacies in Africa.
The round was led ... |
| Mar 11, 2020 | Nigeria based Field Intelligence closes $3.6m Series-A round | Nigerian startup Field Intelligence has announced that it has closed a $3.6-million Series-A funding round to fund the further roll out of its product Shelf Life, a supply chain finance platform for pharmacies in Africa.
The round was led b... |
| Mar 10, 2020 | Egyptian fintech Khazna lands seed investment in round led by Algebra Ventures | Egyptian fintech Khazna has raised seed funding in a round led by leading Egyptian venture capital (VC) fund Algebra Ventures.
Tech publication MenaBytes reported in an article on Sunday (8 March) that the startup did not disclose the size... |
| Mar 10, 2020 | Egyptian fintech Khazna lands seed investment in round led by Algebra Ventures | Egyptian fintech Khazna has raised seed funding in a round led by leading Egyptian venture capital (VC) fund Algebra Ventures.
Tech publication MenaBytes reported in an article on Sunday (8 March) that the startup did not disclose the size ... |
| Dec 30, 2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mi... |
| Dec 30, 2019 | 10 ways Africa’s fintech sector boomed in 2019 | Fintech remains one of the hottest tech verticals in Africa. This year saw African fintech startups based on the continent raise over $53-million in 25 deals (in disclosed deals).
Fintech deals accounted for about 18% of the almost $290-mil... |
| Sep 9, 2019 | Accion Venture Lab Launches New $23 Million Fund | Global nonprofit organization Accion announced that it is launching a new $23 million fund in order to bring together innovative fintech startups to help the underserved at scale.
Global nonprofit organization Accion has announced that its ... |
| Sep 5, 2019 | Accion Venture Lab launches $23m fintech-focused fund | Premium
Accion Venture Lab, the seed-stage investment initiative of global nonprofit Accion, is adding $33 million to its initial capital pool, with the launch of a new $23-million fintech-focused fund and an additional $10 million investme... |
