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Banking-as-a-Service Tops This Week's B2B VC Roundup

PYMNTS

As the company gears up to commence a Series A funding round next year, Osome will use the latest funding to explore global expansion into Australia after previous growth in the U.K. The company's seed funding is the largest-ever seen in the country and was led by Target Global. and Hong Kong.

Capital 229
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What Cambodia’s Debt Crisis Means For Microlending

PYMNTS

The trouble with microloans in the Cambodian marketplace is an entirely new development. Loans are very much at a higher rate than you would normally expect,” said Daniel Rozas, co-founder of consultancy group Microfinance Index of Market Outreach and Saturation ( Mimosa ) told Bloomberg.

Report 158
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Alipay In X-Border Blockchain Pact

PYMNTS

In Pakistan, as reported by Coindesk, Telenor Microfinance Bank and remittance firm Valyou Sdn Bhd (a Telenor subsidiary) have launched a payment platform based on Alipay’s blockchain offerings. That blockchain technology, in turn, had been developed by Ant Financial Services Group.

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Can A Poverty-Fighting Tool In Bhopal Work For Customers In Brooklyn?

PYMNTS

Microlending programs and products have mostly been associated with consumers in developing nations – particularly in sub-Saharan Africa – over the last decade. Their effects have been mostly viewed as positive, though how impactful those programs have been in developing world borrowers has been the subject of some recent debate.

Tools 126
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Asia’s Alternative SMB Finance Lands Investment Boom

PYMNTS

The latest funding will be used to focus on more partnerships with banks to develop collaborative solutions, as well as to expand into Southeast Asia. Kinara focuses on providing microloans to small businesses, working to act in a market somewhere between microfinance and commercial lending. Kinara Capital. B2B payments.

Capital 100
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Mobile Money: African Tech Start-Ups Catch Investors' Eyes

FICO

It’s no surprise Africa’s tech ecosystem is increasingly being scrutinised by more and more big-money investors as the scale of the continent’s opportunities and the calibre of its start-ups draw greater global attention. Billions of dollars’ worth of microloans are now available to people in developing countries via their mobiles.

Mobile 52
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Alt Lending, Artificial Intelligence Startups Lead Investment Activity

PYMNTS

Funding targets this time around included blockchain, logistics, alternative finance, artificial intelligence and T&E — with a few startups taking a stab at some of the biggest problems in the cannabis industry, procurement and microfinance. Blockchain. Blockchain Capital. Supply Finance. Based in Ireland, Supply Finance landed $4.9

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