Omidyar Network

Total 7 Posts

Good digital identity principles for Africa

Digital identity systems in Africa could unlock as much as 6% GDP growth, and up to 50% of that economic value can go straight into the hands of citizens.

Moving beyond payments and credit in FinTech

Investors seeking high potential startups should look beyond retail payments and nano-credit, to innovators building high-engagement products.

From financial inclusion to financial health

Over the past decade, the push for financial inclusion has united governments, companies, technology entrepreneurs, and nonprofit organizations in dozens of countries on every continent — and with remarkable success. In 2011, only 51 percent of the world’s adults had a formal bank account. By 2017, as the World Bank

AgriTech startup wins Seedstars Harare

Rera, a Zimbabwean startup that has developed a platform to allow retail consumers to farm their own chickens and save up to 40% from buying poultry produce without having to own the infrastructure of a chicken farm, won first prize at the recently held Seedstars Harare event. Winning Seedstars Harare

Investing in Afrikan startups that drive financial inclusion

During May 2018, Lidya, a Nigerian startup which has developed a digital financial services platform focused on improving access to credit for small businesses in Afrika, announced that it had concluded a Series A fund raising round totalling $6,9 million. The Series A funding round which is among the

Lidya concludes one of Nigeria's largest Series A funding rounds

Nigeria's Lidya, which has developed a digital financial services platform focused on improving access to credit for small businesses in Afrika, has concluded raising $6,9 million in a Series A funding round. The funding round, which is one of the largest in Nigeria's technology startups ecosystem, was led by

Nigeria's Rensource has raised $3,5 million to expand their Power-as-a-Service business outside of Lagos

Nigeria's Power-as-a-Service startup, Rensource, has raised $3,5 million to grow its renewable energy business. The startup has said that the money it has raised will be used to grow their team and expand their operations in Nigeria, moving into new territories such as Kano and Abuja. Rensource's bridging financing