Open Capital News Today

It underscores the UK Government’s continued commitment to support the research development

Applications to participate are officially open to women founders, investors and ecosystem partners operating in Africa Women Who Build Africa (WWBA), a community created to convene and support women working in tech across Africa, today announced an open call for women founders, as well as investors and ecosystem partners, to…

Women Who Build Africa (WWBA) invites female founders, investors, and ecosystem partners to its first assembly.

Neobank unicorn Open became the first neobank to receive in-principle approval from the RBI for the payment aggregator licence.

The first post-pandemic update on the state of the world's off-grid solar industry has painted a picture of domination by European companies, but highlighted the potential for new startups in West Africa and an increasing use of PV as a backup to unreliable grid supplies.

This week, Kerala-based fintech startup Open Financial Technologies reached a US$1 billion valuation after closing a US$50 million Series D funding round. The round took Open Financial Technologies to unicorn status, joining India’s other 15 billion dollar fintech startups.

The startup, which is supported by the state government's Kerala Startup Mission (KSUM), has raised $50 million from Mumbai-headquartered IIFL Finance in its Series D funding round.

Open said that it will utilise the funds for the launch of three new product offerings on SME lending

Open caters to over 2.3 million SMEs, is processing $30 billion in annualised transactions.

Partnership between the private, public and civil society organisations is key towards bringing local and international investors to invest in water infrastructure development, says Water and Sanitation deputy minister Dikeledi Magadzi...