Financierings-Maatschappij voor Ontwikkelingslanden (FMO), a Dutch public-private partnership, recently invested USD 500,000 in financial technology (fintech) platform Nomanini in the form of a convertible loan. FMO disbursed the funding from MASSIF, a fund it manages for
Tag: MASSIF
MICROCAPITAL BRIEF: Nasira Guaranteeing $35m in Digital Lending by Sasfin to SMEs Owned by Migrants, Women, Youth in South Africa from Emergency COVID-19 Facility Funded by EU, FMO
The Netherlands Development Finance Company, a public-private partnership also known by its Dutch acronym FMO, recently selected Sasfin Bank of South Africa to be the first beneficiary of an emergency risk-sharing facility intended to counter the impacts of the COVID-19 pandemic. The facility is part of FMO’s Nasira fund, which guarantees bank loans to