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B2B Commerce Unicorn Moglix Expands ESOP Pool to $10 Million Covering 300+ Employees
B2B Commerce News

B2B Commerce Unicorn Moglix Expands ESOP Pool to $10 Million Covering 300+ Employees

Fintech News Desk
by Fintech News Desk0
B2B commerce unicorn Moglix has expanded its ESOP pool further by $10 Million to include more than 300 employees under the program. Moglix has also announced an ESOP buyback program worth $3 Million for all eligible employees with vested stocks on the heels of its recent fundraise. Employees will be......
PIDG.org
Finance Investments News

PIDG Company, Emerging Africa Infrastructure Fund, Lending €25 Million to Côte D’Ivoire Clean Energy Hydro-Electricity Project

Fintech News Desk
by Fintech News Desk0
The new plant will be an important strategic economic asset for Côte d’Ivoire The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, is lending €25 million over 18 years to Ivoire Hydro Energy (IHE) which will build a 44MW hydro electricity generation plant on the Bandama......
Seychelles: African Development Bank Approves $20 Million Loan to Support Covid-19 Recovery
Banking Finance News

Seychelles: African Development Bank Approves $20 Million Loan to Support Covid-19 Recovery

Fintech News Desk
by Fintech News Desk0
The government program aims to deepen reforms introduced through the Bank’s Covid-19 Crisis Response Budget Support Program The Board of Directors of the African Development Bank Group has approved a $20 million flexible loan to finance Seychelles’ Governance and Economic Reforms Support Program, expected to help drive the island nation’s macroeconomic......
Paystone Adds $30 Million in Funding with Strategic Backing from Crédit Mutuel Equity
Digital Payments Fintech News

Paystone Adds $30 Million in Funding with Strategic Backing from Crédit Mutuel Equity

Fintech News Desk
by Fintech News Desk0
New investment brings total funds raised in 2021 to $99 million Paystone, a leading payments and integrated software company, secures a $30 million investment from Crédit Mutuel Equity, the private equity arm of Crédit Mutuel Alliance Fédérale, one of France’s leading financial institutions. The funds will support Paystone’s ambitious growth......
Fitch Affirms Triple A-Rating of the African Development Bank, Outlook Stable
Banking News Risk Management

Fitch Affirms Triple A-Rating of the African Development Bank, Outlook Stable

Fintech News Desk
by Fintech News Desk0
Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders Global credit rating agency Fitch Ratings has affirmed the African Development Bank’s credit rating at ‘AAA’, with a stable outlook. Fitch said the triple-A rating was driven by the ‘extraordinary support’ of the Bank’s shareholders. Fitch views the Bank’s risk-management......
NSAV Announces It’s on Target to Become U.S. Second Public Cryptocurrency Exchange, Enters $2 Trillion Marketplace
Blockchain Cryptocurrency Fintech News

NSAV Announces It’s on Target to Become US Second Public Cryptocurrency Exchange, Enters $2 Trillion Marketplace

Fintech News Desk
by Fintech News Desk0
Net Savings Link, Inc., a cryptocurrency, blockchain and digital asset technology company, announced that the Company is on schedule for the August 9, 2021 launch of its eagerly anticipated Cryptocurrency Exchange. The launch will make NSAV only the second U.S. publicly traded Cryptocurrency Exchange, following the Coinbase IPO in April,......
Ecobank Group and Microsoft Upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy
Banking Digital News

Ecobank Group and Microsoft Upskill Africa’s Small and Medium Enterprises to Succeed in a Digital Economy

Fintech News Desk
by Fintech News Desk0
The Global Skilling Initiative is just another example of how Ecobank wants to help SMEs reach their full potential and play a vital role in driving Africa’s economic resurgence The leading pan-African banking group, Ecobank Group, in partnership with Microsoft, LinkedIn, GitHub and Ecobank Academy is set to provide training......
PayNearby
Digital Digital Payments News

Empowering and Upskilling MSMEs With Financial Literacy, Paynearby University Aims to Educate and Handhold Its Retailers

Fintech News Desk
by Fintech News Desk0
Aims to create a thriving ecosystem for its retail partners by helping them utilize PayNearby’s platform extensively to earn more In continuation with its brand ethos ‘Zidd Aage Badhne Ki’, PayNearby, India’s leading branchless banking and digital payments network, has launched “PayNearby University” under its trade app to educate and......
New Study Shows Cash Remains a Mainstay for Both Consumers and Businesses, Even in the Age of Technology
Banking Digital Payments News

New Study Shows Cash Remains a Mainstay for Both Consumers and Businesses, Even in the Age of Technology

Fintech News Desk
by Fintech News Desk0
According to data from Cash Connect, a division of WSFS Bank, 81% of financial decision makers agree that cash payments have remained at least somewhat steady at their businesses over the past five years Despite the availability of technology-driven forms of payment such as credit cards, debit cards, and mobile......
Housing Fintech Trellis Raises Funding to Expand Across Pakistan
Finance Fintech News

Leading Fintech Stax Expands Into Housing Space Through PHA-Web Partnership

Fintech News Desk
by Fintech News Desk0
Users of the leading management software designed for housing authorities, PHA-Web, can now offer a seamless and accessible contactless payments solution through Stax Connect  Stax by Fattmerchant, the industry’s only complete all-in-one solution for managing everything in the payments ecosystem, announces its partnership with PHA-Web, a fully integrated Public Housing, Section......
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