Tagged: deg

DEG Proposes $10 Million Top-Up for January Capital’s Southeast Asia Venture Debt Fund

German development finance institution DEG is proposing an additional $10 million loan to JC Growth Credit Fund 1 LP, a venture debt vehicle managed by Singapore-based investment firm January Capital, according to a disclosure seen by CrowdFund Insider. The proposed financing would top up an… Read More

Philippines: Germany’s DEG Backs Smile API’s Fintech Expansion

Financial inclusion data provider Smile API has successfully closed a funding round with DEG‘s Up-Scaling program, a venture supported by the German Development Finance Institution. This initiative, co-financed by the German Ministry for Economic Cooperation and Development, channels investments into innovative Fintech and greentech ventures… Read More

Brazilian SME Online Lender BizCapital Announces Additional $3 Million Investment Through Series B Funding Round

BizCapital, a Brazil-based SME online lending platform, announced on Friday it secured an additional $3 million through its Series B, bringing the investment round’s total amount to $15 million. The new funds come from Netherlands-based social impact investor Oikocredit. As previously reported, BizCapital provides online… Read More

Brazilian SME Online Lender BizCapital Secures $12 Million Through Series B Funding Round Led By DEG

BizCapital, a Brazil-based SME online lending platform, announced on Wednesday it secured $12 million through its Series B funding round, which was led by German development finance institution DEG, a subsidiary of  KfW Group, Germany’s promotional bank. Along with DEG, MELI Fund, the Corporate Venture Capital… Read More

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