FinAccel raises $90 million for low-fee lending app

Indonesia's lack of access to finance, coupled with deep mobile penetration, is driving the popularity of alternative credit and lending products, like FinAccel’s Kredivo.

Australia’s ATEC raises $1.6 million to sell biodigesters in Cambodia, Bangladesh

Singapore’s Impact Investment Exchange helped ATEC raise the equity financing, which was led by French energy company ENGIE's impact fund.

CloudFactory raises $65 million, providing a partial exit for Dolma Impact

It took four years for Dolma Impact Fund to raise its first fund in Nepal, and only took two years to achieve its first exit.

Japanese pension fund pushes asset managers to get tougher on sustainability

Institutional investors of GPIF’s size can’t escape market downtowns as they, effectively, “own the market.” That makes them “universal owners” and, in Mizuno’s view, responsible for systemic risks to the market.

Stone Family Foundation backs $10 million sanitation impact bond in Cambodia

USAID will repay the U.K.-based philanthropy if the four-year project is successful in eliminating open defecation in rural villages.

Pakistan and China-based venture capital firms team up to support Pakistani entrepreneurs

The $20 million fund by Pakistani conglomerate Fatima Group and Shanghai-based Gobi Partners will invest in Pakistan’s homegrown tech solutions to mobility, education, healthcare and more.

U.K.’s CDC Group invests $12 million in Nepalese internet provider WorldLink

U.K. development finance institution's commitment WorldLink, Nepal’s largest private internet service provider, will support Internet expansion in remote parts of the country.