Alternative Circle signs a $1.1 million agreement with Creditinfo Group to help launch the rival to M-Shwari, Shika

Kenya’s Alternative Circle has signed an agreement with the international credit risk management company, Creditinfo Group, to the tune of $1.1 million. The seed capital will see Alternative Circle gain a wider geographical footprint, which will in turn open doors for greater opportunities for the mobile financial solutions innovator. “Partnering with Creditinfo Group will not

Mobile credit firm Tala

Mobile credit firm Tala has raised more than $30 million in Series B financing

Mobile credit firm Tala, formerly known as Mkopo Rahisi (Inventure), has raised more than $30 million in Series B financing led by IVP and joined by Rabbit Capital. Additional participants include existing investors Lowercase Capital, Data Collective, Collaborative Fund and Female Founders Fund (F3). As part of the financing, Jules Maltz from IVP has joined Tala’s