Nigeria’s Alajo is an escrowed digital piggy bank for the underserved

Nigerian startup Alajo is an escrowed digital piggy bank for the under- and un-banked, which allows people to access financial services without the need for internet access. Founded in 2021, Alajo helps people to save money using USSD, IVR and SMS through PoS and money agents in their communities, delivered via a savings infrastructure on a Mobile App.

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Lending startup Kala is helping Latin American banks more easily offer credit

April 20, 2023

Small businesses in Latin America got another boost in lending support with the investment of $4 million in Kala, a Colombia-based company building fintech infrastructure for lending. Kala officially launched in July 2022 and within the first six months had three customers, two in Colombia and one in Mexico, using the product and dispersing it to over 50,000 customers. Kala charges a SaaS fee and is already bringing in revenue.

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One-Third of Marketers Will Buy a CDP This Year: Optimove Survey

May 31, 2023

Just over one-third of marketers plan to either buy a new CDP (21%) or replace an existing one (13%) this year, according to this Optimove survey. Unfortunately, it doesn’t report how many have a CDP already in place, which would put the other values in perspective. It does seem that CDPs are a relatively low priority: they rank sixth on the list of new systems and eighth on the list of systems to replace.

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