Russia: MSP Bank, SPA Capital Sign a Pact for Financing SMEs
Russia’s state-owned MSP Bank, which focuses on providing finance to small and medium enterprises (SMEs), has signed a pact with New Delhi-based SPA Capital to finance...
Italy: Number of Innovative Startups Grows 23% Since 2017
The number of innovative startups in Italy rises from 7,866 to 9,647 between 2017 and 2018, which is 22.6% up than last year.
Indonesia: A New startup Accelerator Launches in Indonesia
In August, a new startup accelerator, Skala, is opening its doors in Jakarta. It is a joint project between Salim Group’s Innovation Factory and venture capital firm...
Saudi Arabia: Young Entrepreneurs Play a Role in Economy
Saudi Arabia has been investing heavily in startups as the Kingdom focuses on growing its economy to achieve its Vision 2030 objective of moving away from dependency on...
South African: Reserve Bank Pilot Quorum for Interbank Trans
On February 13, 2018, the South African Reserve Bank (SARB) issued a statement regarding the three primary objectives of its FinTech Programme.