Alt-credit scoring startup Cignifi secures $4.3 million

The Cambridge, Mass.-based company uses mobile phone data as a basis for determining credit risk for unbanked customers around the world.

Korean bank Woori buys VisionFund Cambodia

Eighty percent of Cambodians live in rural areas and less than 20% of adults have access to financial services.

Grove raises $8 million to democratize financial planning

The San Francisco-startup wants to improve the accessibility and incentive structure of financial advising.

Ricult raises $1.85 million for alt-credit score lending to small farmers in Asia

The company lends farming inputs to small farmers in Asia using alternative-credit risk metrics and crop and weather information to determine farmers’ creditworthiness.

Incofin kicks off first India-focused fund

Its planned India Progress Fund will be Incofin’s first country-specific fund.

CapitalG backs Indian small business lender Aye Finance

Gurgaon, India-based Aye Finance helps India’s small business owners access working capital and credit to grow their businesses.

LeapFrog Investments takes stake in Nigerian pension fund manager ARM Pensions

ARM Pension has $1.8 billion in funds under management and reaches 700,000 people. Leapfrog did not disclose the amount of its investment.