Skype founder’s Oriente raises $105 million to bank Asia’s unbanked

  • The Hong Kong-based company was launched last year by Skype co-founder Geoffrey Prentice with a mission to use data science and artificial intelligence to develop alternative credit risk assessment for Asia’s unbanked, and provide them with digital lending and other financial services.

Capria Fund raises $33 million to invest in early-stage emerging-market funds

Capria Fund’s first close was anchored by $20 million from Vulcan Capital, the family office of Microsoft co-founder Paul Allen, who died last month. (Microsoft’s other co-founder, Bill Gates, is also an investor.) The Capria Fund will invest in the network of funds in Africa, Asia and Latin America that have gone through its fund-manager

Aavishkaar wants to up the ante on South Asian impact

ImpactAlpha, November 5 – Aavishkaar wants to increase investment activity in Indonesia, Vietnam and Myanmar with its eighth fund. The India-based impact investor has a fundraising target of $300 million, DealStreetAsia reports. “We are avoiding India and China [with the fund], and looking more at smaller markets which have un-utilized potential,” Aavishkaar’s Vineet Rai said.