A new African DeFi start-up will deliver blockchain banking to the 2.3 billion underbanked adults in the world. Bora Finance is developing an online banking environment that will include a saving and investment platform, a loan and collateralization segment, insurance, and payment/POS platforms. The Bora Finance solution will give access to secure and cost-effective banking services to billions right through their mobile devices.

Indian online learning platform Unacademy has raised $440 million in a new financing round as investors double down on the South Asian market and elsewhere following a widening series of regulatory crackdowns in China that wiped hundreds of billions of dollars last month.