Articles for tag: Africas, Asia, Crore, Expansion, Eyes, FinTech, Funding, Growing, Landscape, M2P, Operations, Secures, Strengthening

September 24, 2024

M2P Fintech secures Rs 850 crore funding, eyes expansion in Africa’s growing fintech landscape and strengthening operations in Asia.

M2P Fintech, a banking infrastructure company, recently announced it has raised Rs 850 crore in its series D funding round, with a valuation exceeding Rs 6,550 crore. The round was led by Helios Investment Partners and included existing investor Flourish Ventures. The funds will support M2P’s operations in India and aid its expansion into Africa, ...

September 3, 2024

Market News

Business

China’s Shift: Navigating Africa’s Debt Trap Towards Profitable Partnerships

As Chinese President Xi Jinping hosts African leaders in Beijing, he enters a new economic phase focused on generating greater returns while minimizing risks. Over the last decade, China has invested over $120 billion in Africa through its Belt and Road Initiative, but some projects have faltered, leading to accusations of debt traps and corruption. ...