Tagged: fmo

July 11, 2026 @ 3:42 pm By Michael Wong  |  

Indian microfinance lender Arohan Financial Services Ltd has secured an investment commitment of up to $30 million to support the expansion of its loan portfolio and icnrease access to creadit for low-income borrowers, according to project document seen by Crowdfund Insider. The commitment comes from… Read More

April 8, 2021 @ 8:11 am By Samantha Hurst  |  

  Paymob, a Egypt-based payment platform, has raised $18.5 million through its Series A funding round, which was reportedly led by India-based VC firm Global Ventures with participation from Egyptian investment fund A15 and Dutch development bank FMO. The investment round notably comes less than a… Read More

August 23, 2018 @ 7:03 am By Erin Hobey  |  

Kenyan-based Fintech platform Lendable has been extended a convertible grant from Dutch Development Bank FMO to provide a “first loss” backstop.  The $450K convertible grant, provided by the Dutch government’s FMO managed MASSIF fund, aims to reach targeted end-beneficiaries through financing local financial intermediaries and institutions that… Read More