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Tiger Global backs fintech CreditBook in first Pakistan investment

TechCrunch

Two years ago, a group of entrepreneurs in Pakistan began surveying the market to understand why financial services weren’t reaching the majority of merchants in the world’s fifth most populous nation. This is the New York-headquartered firm’s first investment in Pakistan. In Pakistan, there is a huge whitespace in payments.

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New on SSIR: How does celebrity impact your fundraising?

Amy Sample Ward

. —– I’ve recently shared a couple interviews exploring two case studies of really successful online fundraising campaigns: SXSW4Japan Raises Over $120,000 and $100,000 in Three Days with #TeamAutism. Then, why do we keep thinking celebrities are so important to raising money? Both of them involved celebrities.

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Nigerian digital bank Kuda is the latest African startup to lay off employees

TechCrunch

The company’s numbers are small compared to other layoffs that have taken place within Africa’s tech ecosystem over the past few months, especially among startups that have raised vast sums of venture capital within the last year or two; for instance, Swvl laid off 400; Wave , approximately 300; 54gene , 95; and Vezeeta , 50.

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11NTC Preview: Technology in Times of Disaster: The Important Role of Social media in Disaster Response and Awareness

NTEN

In the aftermath of that quake, as well as flooding in Pakistan, fires in Israel, flooding in South and Central America, and countless other incidents, technology played a critical and often-life-saving role, and remains at the center of the ongoing advocacy and long-term rebuilding work in Haiti.

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Tazah gets pre-seed funding to make Pakistan’s agriculture sector more bountiful

TechCrunch

The founders of Tazah Technologies , a B2B agriculture marketplace in Pakistan, met while serving leadership roles at Uber subsidiary Careem. The startup, which launched two months ago in Lahore, announced today it has raised a $2 million pre-seed round led by Global Founders Capital and Zayn Capital. Kamereo gets $4.6M

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KaiOS, the feature phone platform startup, raises a modest $3.4M to train its sights on growth in Africa

TechCrunch

It’s been a while since KaiOS raised (or more specifically disclosed) outside investment: its last funding was in 2019, when it raised $50 million from investors including Cathay Innovation, Google and TCL. India, followed by China, Pakistan and Bangladesh, are the countries that dominate the feature phone market today.

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Fidelity, Visa and Kingsway back South African fintech JUMO in $120M round

TechCrunch

JUMO , a South Africa- and London-based company that offers financial services to entrepreneurs and businesses in emerging markets, has raised $120 million in a new round of funding led by Fidelity Management & Research Company. It is also coming a year after raising $55 million in a similar unnamed financing round.

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