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Ex-SafeBoda executive Babajide Duroshola joins M-KOPA to lead expansion into Nigeria

On June 18, Babajide Duroshola, ex-Country Head, SafeBoda Nigeria, stepped down from his role two years after taking the job post-Andela.Less than a month later, the executive has found a new role as

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Younited Credit raises $170 million for its data-driven credit offering

French startup Younited Credit has raised a $170 million funding round. Goldman Sachs is leading the round with existing investors Eurazeo, Bpifrance and AG2R La Mondiale also participating. The compa

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New York’s Department of Financial Services says Apple Card program didn’t violate fair lending laws

The New York State Department of Financial Services (NYDFS) released a report today that cleared the Apple Card credit card program of discriminatory practices and specifically, gender-based discrimin

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SoftBank, Tencent backs IP analytics platform PatSnap in $300M round

As enterprises around the world pour more money into research and invention to stay competitive, the need for analyzing the worthiness of RD expenses also grows.One company serving that function is Pa

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FinTech in China: Revolutionizing financial services

Editor's note: Alexander Ayertey Odonkor is an economic consultant, chartered financial analyst and chartered economist with a focus on the economic landscape of countries in Asia and Africa. The

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Former top Paytm exec is building his own financial services startup

The executive who built the financial services boutique for Paytm, India’s most valuable startup, from the ground is ready to do something similar all over again.Pravin Jadhav, the former chief

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SpaceX reportedly raises $850M in new funding

SpaceX has raised a fresh round of funding, totalling $850 million, per a new report by CNBC, citing sources “familiar” with the matter. The new capital brings the total valuation of the c

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Former Paytm execs team up to chase gold in India

Nearly every adult in India has a bank account, but fewer than a quarter of them in the South Asian nation can secure loans from the formal financial institutions.Although much of the population in th

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Full text of Leaders' Declaration of G20 Riyadh Summit

Below is the full text of the Leaders' Declaration of the 15th Group of 20 (G20) Summit published Sunday:Leaders' DeclarationG20 Riyadh SummitNovember 21-22, 20201. We, the G20 Leaders, meeting for t

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Apple launches an online portal for Apple Card account holders

Apple today has launched an online portal for its Apple Card credit card, allowing account holders to manage their balance, view statements, schedule payments and more. The portal, card.apple.com, wil

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Alphabet’s CapitalG leads $27.5 million round in India’s Aye Finance

CapitalG, the growth equity arm of Alphabet, is doubling down on its bet on Aye Finance, an Indian startup that operates a digital lending platform for small businesses.On Wednesday, the Gurgaon-base

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Making money from games: the future of virtual economies

Fictional portrayals of virtual worlds such as “Ready Player One” and “The Matrix” typically portray the physical and virtual worlds as distinct realms siloed from each other.

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PrimaHealth Credit will now lend to borrowers looking to pay for addiction treatment

PrimaHealth Credit, which offers loans to borrowers to pay for medical treatment, is expanding its pitch to cover addiction treatment centers.Currently, PrimaHealth offers loans for elective healthcar