ImpactAlpha, March 5 – Quality may trump quantity in the race to deliver financial services to the world’s billions of unbanked households. The push to scale as fast as possible is causing yellow lights to flash in the emerging markets fintech boom. In Kenya and other markets, some customers are falling into “debt traps” as easy,
A new entity, Hummingbird Impact, will absorb EWB Ventures' portfolio and add new impact tech investments with a gender lens.
ImpactAlpha, March 11 – Africa’s healthcare systems are wrought with inefficiencies. The startup Field Intelligence is addressing the availability of pharmaceuticals with software that helps pharmacies forecast, manage and finance drug orders. The four-year-old company has raised $3.6 million in its first round of outside capital. Leading the round was Blue Haven Initiative, the family
Khazna is offers mobile and online bank accounts and salary advances to Egypt's 20 million underbanked.
Omnivore invested in the India-based company’s $6 million funding round alongside LGT Lightstone Aspada.
“Impact loans are an under-explored way of supporting the arts and cultural sectors,” said Nesta’s Francesca Sanderson.
Rockies Venture Club and Rockies Impact Fund committed $100,000 to enable the company to build its online platform and source, list and warehouse artists’ pieces.