It acquired cloud lending platform, Finflux and core banking solutions provider BSG ITSOFT earlier this year.
Mapan’s services helps low-income Indonesians users afford goods and services [TechCrunch]
In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and borrow money together. Mapan digitized that concept and turned it into a service where users, also mostly women, can use it to pay for goods and services.
Bangladesh tech startup ShopUp nets $65m in new funding [Nikkei Asia]
Peter Thiel's Valar Ventures leads latest round for mom-and-pop platform
Qoala aims to be top insurance intermediary in Malaysia [The Sun Daily]
Qoala, through its Malaysian branch Qoala Technology Sdn Bhd (Qoala Malaysia), aims to become the biggest insurance intermediary in Malaysia within two years, by providing more information, choices and convenience at a competitive price point.
Mobile-based PoS app QueueBuster raises Rs 63.3 cr in series A round [Business Standard]
Funding led by Chiratae Ventures, Omidyar Network India and Flourish Ventures
Accelerating financial inclusion through the use of embedded finance [The Standard]
Embedded finance demonstrates an opportunity for fintechs, banks and lenders to create more tools and resources for those that may not have access to traditional banking.
Flourish Conversations: Early Stage Funding in Africa A Pulse Check
May 7, 2020
Watch as Arjuna Costa and Ameya Upadhyay convene with leading Africa-focused VCs to discuss investing and fundraising in the current health and financial crisis.