GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 million seed round – ITPro.works

GajiGesa, a fintech company that offers Earned Wage Access (EWA) and other services for workers in Indonesia, has raised $2.5 million in seed funding. The round was co-led by Defy.vc … Read More

Rising African venture investment powers fintech, clean tech bets in 2020 – ITPro.works

As a turbulent week in the capital world, we’re taking a look at something a bit slower moving: venture capital trends in Africa during 2020. The Exchange has long explored … Read More

Female-led startups dominate Catalyst Fund’s inclusive fintech 2021 cohort – ITPro.works

Catalyst Fund, a global accelerator managed by BFA Global, announced the 8th cohort for its Inclusive Fintech Program today. The accelerator, backed by the JP Morgan Chase and Bill & … Read More

TCV closes record $4B fund to invest in e-commerce, fintech, edtech, travel and more – ITPro.works

The pandemic has spelled economic setbacks for many people and industries, but the capital swirling about the technology world continues to roar along. In the latest development, TCV — the … Read More

How fintech and serial founders drove African pre-seed investing to new heights in 2020 – ITPro.works

When Stripe-subsidiary Paystack raised its seed round of $1.3 million in 2016, it was one of the largest disclosed rounds at that stage in Nigeria.  At the time, seven-figure seed … Read More

China lays out ‘rectification’ plan for Jack Ma’s fintech empire Ant – ITPro.works

What a whirlwind holiday for Jack Ma and his fintech empire. The People’s Bank of China, the country’s central bank, summoned Ant Group for regulatory talks on December 26th, announcing … Read More

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