15 posts found.
Selected Category: Digital infrastructure and solutions
OP Finnfund Global Impact Fund I joins a group of investors supporting India’s leading MSME lending platform Indifi
CX Partners and OP Finnfund Global Impact Fund I (the first Finnish global emerging markets impact fund) along with existing investors CDC Group (the UK’s development finance institution), Omidyar Network, Elevar Equity, and Accel, have invested 19 million US dollars in Series D round of Equity Capital raise for Indifi Technologies, a digital financial services […]
Read moreNovember 24, 2021
OP Finnfund Global Impact Fund I invests in food distribution platform Twiga to improve food security across Sub-Saharan Africa
OP Finnfund Global Impact Fund I, the first global emerging markets impact fund in Finland, invests 3 million US dollars in Kenyan headquartered B2B e-commerce food distribution platform Twiga. OP Finnfund Global Impact Fund I joins a group of investors, led by Creadev, in a financing package totalling 50 million US dollars. Twiga operates a […]
Read moreNovember 1, 2021
Digital banking transformation is no longer an attractive option for banks but crucial for survival
Financial inclusion aims individuals and businesses to have access to useful and affordable financial products and services that meet their needs. As World Bank highlights, a transaction account is a first step towards broader financial inclusion. Once people have bank accounts, they are more likely to use other financial services, such as credit and insurance. […]
Read moreSeptember 29, 2021
Finnfund’s investment in digital connectivity increases access to internet in East, Central and Southern Africa
Finnfund provides a 12 million US dollar senior loan to Bandwidth and Cloud Services Group (BCS), a telecom infrastructure provider operating in several African countries. With Finnfund’s help as a key project investor, BCS is expanding its operations in East, Central and Southern Africa. The project increases reliability, accessibility and affordability of the internet when […]
Read moreAugust 13, 2021
The great digital divide – investing in access, inclusivity, and equality
The COVID-19 pandemic has given rise to a new wave of technological enthusiasm. Businesses and policymakers are imagining the post-COVID world where physical location, thanks to digital connectivity, loses importance. Surely, if this is the case, then we could solve some of the most complex issues of our time? A teacher in Finland could educate […]
Read moreApril 15, 2021
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