Partnering with Visa, emerging market lender Branch International raises $170 million

Om avsnittet

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announceda partnership with Visa to offer virtual, pre-paid debit cards to Branch client networks in Africa, South-Asia and Latin America. Branch — which has 150 employees in San Francisco, Lagos, Nairobi, Mexico City and Mumbai — makes loans starting at $2 to individuals in emerging and frontier markets.

Learn more about your ad choices. Visit podcastchoices.com/adchoices

Om avsnittet

Fler avsnitt

Silicon Valley’s AI wunderkind launches Underdog, the most private Instinct/Muse competitor yet; plus, name Ex-Ramp engineers raise $20M for platform Melius

Hot Girl Hotline is like ‘Dear Abby’ for the AI era; plus, after Factory’s public spat with Khosla, Menlo proudly invests

Photon held a funeral for mobile apps; plus, Kevin Mandia’s new ‘agent swarm’ security startup

World’s first enhanced geothermal power plant completed in just 23 months; plus, turning idle car inventory into rental revenue

Factory CEO just accused his VC board adviser of spying for Cognition

Ex-Tesla team raises $12.5M to put supply chains on autopilot; plus, EliseAI raises $350M, doubles valuation to $4B

AMD will acquire Fei-Fei Li’s World Labs for $8.2 billion; Physical AI chip developer SiMa AI hits $1.45B valuation

Ocean surveillance startup Quartermaster raises another $140M

Nexterity wants to automate the hard, dangerous part of pipefitting; plus, Feather is building the ‘Android of robotics’ for developers

Modal Motors is trying to cut China out of electric motors entirely; plus, PitPro’s first tire-changing robot goes live in Canada