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March 1, 2024
Finance Technologies

Catalyst Fund raises $15m from JPMorgan and UK Aid for emerging market fintechs

Catalyst Fund, a Boston-based accelerator for early-stage technology start-ups, has raised $15 million with its long-term backer JP Morgan and UK Aid to back 30 fintech start-ups founded across South Africa, Kenya, Nigeria, India and Mexico over the next three years. The US and UK-backed accelerator offers mentorship and non-equity funding to fintechs tackling financial inclusion in emerging markets. With fresh funding, ten fintech start-ups from across all five countries will be selected each year to take part in the fund’s programme. The announcement came alongside this week’s UK-Africa Investment Summit, which was hosted by the UK Prime Minister Boris…
Catalyst Fund raises m from JPMorgan and UK Aid for emerging market fintechs

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