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Nigeria’s OPay Raised $120M: Chinese Investors Entering Africa’s Budding Fintech Sector

Nigerian fintech company OPay, provider of micro-loans and investment services on mobile phones, raised $120 million in series B Monday, aiming to...

PayPal-Backed Microlender Tala Raises $110 Million to Expand Reach, Products

Microlender Tala, whose phone app-based system has enabled $1 billion in small loans around the world, raised $110 million from a group...

Israel’s First Bank in Decades Looks to Help Low-Income Families

Israel’s first new bank in 47 years will be making interest-free and low-interest loans, continuing the social impact tradition of its successor...

Kiva Starts Refugee Fund to Raise Larger Amounts for Micro-Lenders

Kiva, the crowdsourced micro-lending platform, is going bigger to help refugees gain access to larger amounts of capital by launching the Kiva...
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