Tuma Ventures Limited, a UK-based payments company regulated by the Financial Conduct Authority (FCA), has received approval from the Bank of Tanzania to operate as a licensed Payment System Provider (PSP). With the PSP licence, Tuma Ventures will offer a range of financial services in… Read More
Read more in: Fintech, Global | Tagged payments, tanzania, Tuma Ventures, uk
NMB Bank, a commercial bank headquartered in Dar es Salaam, Tanzania, has listed its first “gender bond” on the Luxembourg Green Exchange (LGX). The bond holds a face value of TZS 74 billion or the equivalent to USD $ 32 million). In a special event… Read More
Read more in: Global, General News | Tagged julie becker, luxembourg, LuxSE, tanzania, women, women changing finance
Global fintech infrastructure platform, Nium, announced on Tuesday its clients are now able to send funds to their business partners located in Ghana, Kenya, South Africa, and Tanzania. Customers of Nium are also able to extend this service to their own consumers. “Traditionally, businesses, fintechs and even consumers looking… Read More
Read more in: Fintech | Tagged africa, expansion, ghana, global, Kenya, nium, payments, south africa, tanzania
UAE Exchange, a global money transfer, foreign exchange and payment solutions brand, announced on Tuesday it has rebranded to Unimoni as it seeks to expand its brand network and introduce more products and services in Tanzania. The company reported that this rebranding in Tanzania, in… Read More
Read more in: Fintech | Tagged africa, expansion, rebranding, tanzania, uae exchange
PayJoy, a San Francisco fintech startup, announced this week it has teamed up with Vodacom and CBA to bring smartphone financing to the country of Tanzania. The company reported that this strategic collaboration will utilize the parties’ experience and expertise in technology, and financial services to… Read More
Digital money transfer service, WorldRemit, announced on Monday it is consolidating its expansion into Tanzania and also stated it hit a new record of 10,000 transactions completed in the month of December 2016 alone. The company also reported 150% YoY growth in 2016, driven primarily by the rapid expansion… Read More
Read more in: Fintech | Tagged ismail ahmed, money transfer, tanzania, worldremit
Khosla Impact, Schneider Electric and Better Ventures Join in Funding Solar Impact Platform. SunFunder, an emerging market solar finance company, has completed a Series A equity round with investments from Schneider Electric, Better Ventures, and a private family foundation based in Palo Alto. This follows the first stage… Read More
Read more in: Global, Investment Platforms and Marketplaces | Tagged better ventures, green, khosla impact, schneider electric, solar, sunfunder, tanzania
Ready to put an end to a devastating disease, Maryland-based biotechnology company Sanaria launched a crowdfunding campaign on Indiegogo to eliminate the threat of malaria. The company is aiming to raise $250k to develop of SporoBot, a robot that will dissect mosquito salivary glands and… Read More
Read more in: Offerings | Tagged biotechnology, cure, germany, malaria, maryland, tanzania, u.s., vaccine
SunFunder, has successfully funded their single largest crowdfunded loan to date raising $25,000 for SunnyMoney’s solar schools campaign in Tanzania. The project was dubbed Solar for 4500 students raised the money from 173 contributors. The loan term was structured for repayment in 12 months via… Read More
Read more in: Global, Investment Platforms and Marketplaces, Offerings | Tagged africa, energy, green, solar, sunfunder, tanzania, uganda
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