Ebanx, a Brazil-based payments company with operations in 15 countries, recently received authorization from the Banco Central de Brasil, Brazil’s central bank, to use the bank’s instant payments platform Pix. This follows Ebanx’s acquisition of a Payment Initiation Service Provider (PISP) license from
Tag: e-commerce
MICROCAPITAL BRIEF: Fintech Dinie of Brazil Raises $24m in Equity, Debt to Boost In-house API, Capacity, Securitization
Dinie, a financial technology (fintech) lender in Brazil, recently raised USD 3.8 million in a seed funding round led by Accion Venture Lab – a unit of US-based nonprofit Accion – and US-based investment firm K50 Ventures. The other participants were
MICROCAPITAL BRIEF: Sanad, Aavishkaar, Uncovered Participate in $4m Equity Raise by Sky.Garden of Kenya to Expand Its Digital Marketplace to Middle East, North Africa
The Luxembourg-domiciled Sanad Fund for MSME recently led a Series A investment in Sky.Garden, a Kenya-based e-commerce platform serving 15,000 micro-, small and medium-sized enterprises (MSMEs). Sky.Garden plans to use the fresh USD 4 million to expand into
MICROCAPITAL BRIEF: SafeBoda Uganda, UNCDF Launch E-commerce Platform for Market Vendors Looking to Maintain Operations During Pandemic
SafeBoda, a Uganda-based owner of an app for hailing motorcycle rides in three countries, and the UN Capital Development Fund (UNCDF), a UN agency that supports small businesses in developing countries, recently partnered to launch an e-commerce platform. This is a response to the