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Governor Murphy Announces Proposed Fintech Accelerator in Hoboken

American Entrepreneurship

The two entities will oversee NJ FAST’s accelerator program with an opportunity to make equity investments into select participating companies. million in the fintech accelerator. From 2020 to 2022, Plug and Play was the most active startup accelerator in the world, according to CB Insights.

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BasiGo secures $4.3 million in seed funding to accelerate mass transit EV adoption in Kenya

TechCrunch

“With East Africa’s abundant renewable energy, this market can leapfrog to clean, modern electric transit at the exact moment that African cities emerge as the next center of economic growth. We are excited to partner with BasiGo and support the team’s audacious vision to transform the public bus transport sector in Africa.

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NJEDA Hosts Diversity Finance Advisory Board Meeting, Convening Diverse Group of Entrepreneurs and Investors

American Entrepreneurship

March 5, 2024) – The New Jersey Economic Development Authority (NJEDA) held the first in-person meeting of the Diversity Finance Advisory Board (DFAB) last week, bringing together a diverse group of investors, entrepreneurs, and mentors for presentations and networking sessions.

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B2B Fintech Drives Market Disruption in Mexico

Andreessen Horowitz

The world of finance is undergoing a profound transformation, and Mexico is no exception. This evolution has been accelerated by regulatory changes that are fostering innovation and competition within the financial technology landscape. The immense potential of embedded finance is becoming increasingly evident.

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Komunal secures $8.5m to strengthen Indonesia’s neo-rural bank ecosystem

AsiaTechDaily

million to fund its mission to accelerate financial inclusion and strengthen the neo-rural bank ecosystem in Indonesia, especially outside the Greater Jakarta area. The fintech industry has enormous potential in Indonesia, particularly in fostering the growth of MSMEs. Komunal has channeled $230 million (equivalent to IDR 3.6

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Binance, Royal Group sign JV to expand Blockchain Ecosystem in Cambodia

AsiaTechDaily

With all of these in mind, Meng shared his excitement for their partnership with Binance as he also expressed optimism that the JV will go a long way in accelerating inclusive economic growth in Cambodia.

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Top 10 Fintech Startup Investments Powering Southeast Asia in 2023

AsiaTechDaily

Finfra Investment Fueled Indonesian Embedded Finance Expansion Indonesian startup Finfra secured $1 million in new funding in late June. The company invests the infused capital into product development and enhancing Finfra’s engineering, data, and finance teams.

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