by James Stevenson -

MICROCAPITAL BRIEF: Accion Venture Lab, Brick & Mortar Ventures Lead $3.4m Equity Raise for Licify to Expand Vende+ Construction Portal from Colombia to Mexico

Licify, a Colombian company offering construction procurement and related digital financial services, recently secured an investment package totaling USD 3.4 million. The group of investors includes

by Renata Samadova -

MICROFINANCE EVENT: Fintech for Inclusion Global Summit; November 3, 2022; the Hague, the Netherlands

This event on financial technology (fintech) will cover innovations in agri-finance, agri-technology, payments, measuring outcomes, embedded finance, blockchain and gender-lens investing. Participants will also have opportunities

by Hasnat Aslam -

MICROCAPITAL BRIEF: Accion Venture Lab, Endiya Lead $3m in Equity Funding for AquaExchange for Digitization in Fish Farming, Shrimp Industry in India

AquaExchange, a firm digitizing the operations of India’s fish farming and shrimp industry, recently obtained USD 3 million in equity funding in a round led by Accion Venture Lab, a unit of US-based nonprofit Accion, and Endiya Partners, an India-based venture capital fund, with additional participation from unspecified ongoing shareholders in the company. Neither the breakdown of the funding by investor nor

by Sheen Gupta -

MICROCAPITAL BRIEF: R5 Raises $7m in Equity Investment Round Led By Global Founders for Vehicle-related Fintech, Insurtech in Colombia

R5, a Colombian provider of financial technology (fintech) and insurance technology (insurtech) services, recently raised USD 7 million in an investment round led by Germany-based Global Founders Capital. Also participating were US-based Accion Venture Lab, Costa Rica-based Carao Ventures, US-based Endeavor Catalyst and Chile-based Magma Partners. Neither the