In Switzerland, the tally of FinTech firms grew by 62 percent year over year, aided by a favorable regulatory climate, according to a recent study. And elsewhere, in Africa, significant funding rounds demonstrate a commitment to mobile lending.
California-based Branch International, a startup providing mobile-first financial services, announced $70 million in funding. A press release on Wednesday (March 28) said Branch International raised the Series B funding to expand into new geographic markets, with a particular focus on India. The company offers “branchless bank”...
March 01, 2022
Branch International, an Andreessen-backed startup, is vying to become a pan-African digital bank, Bloomberg reported Tuesday (March 1). The microfinance company now sees a growth opportunity in online financial services in Africa. The company has operations in India, Nigeria, Kenya and Ghana, and it plans to build its business through buying microfinance lenders, according to […]
