Lendable’s Post

Reflecting on #AFSIC in London (9-10 October) - the energy about Africa's opportunities was palpable. #Fintech is my own 'wheelhouse' and is continuing to see continued VC investment (apparently VC funding still growing by >25%). Valuations are more realistic, and I'm pleased to see the ICO bubble has burst. Investors are interested more on good route-to-market and distribution partnerships than pure innovation. Traction metrics are early-stage KPI's, and African countries have large populations that should provide good test-beds to assess product-market fit. Some valid concerns exist about the quality of governance, which should be the focus of the senior team for all start-ups once they get post-revenue. I'm also seeing some patience from investors with the time it takes to get to viability, and the resilience needed by #founders. I presented some information about the progress made by our MinitMoney remittance service, and out mission to help people get money home quickly and affordably.

Mark your calendars for the Grand Debate on 'The Future of Microfinance @ 2030' featuring an illustrious panel of industry leaders. Don't miss this dynamic discussion as we explore the roadmap to 2030! #Microfinance2030 #DebateOnFinance #AnnualMicrofinanceConference #Pakistanmicrofinancenetwork #AMC7 #pmn #amc2023 #sustainablefinance #edfin #digifin #fintech #sustainabledevelopmentgoals #sdgs #financeinpakistan #lowcosthousing

AXIA Ventures Group acted as Co-Lead Manager in relation to Eurobank’s issuance of €300 million 10.25NC5.25 Subordinated Tier II debt instruments with a 6.25% annual coupon.   Investor confidence in Eurobank Holding’s credit standing has generated robust investor demand of €1.8 billion for the issue, which enabled Eurobank Holdings to lower pricing by 50 basis points (bps), to 6.375% re-offer yield. The transaction was oversubscribed by nearly 6 times and attracted orders from 148 investors globally, with foreign investors contributing 80% of the total.   The transaction reflects Eurobank’s ongoing commitment to the protection of the depositors of the Bank, and further extends the Issuer’s subordinated debt yield curve in the market.   George Linatsas Antonios Achilleoudis Dimitrios Athanasopoulos Alex Argyros Haris Sitzoglou Thanos Adamantopoulos Christina Anagnostara Vaia Dotsia Vasilis Kordopatis Sofia Pantazi Eleni Ismailou Ioanna Kostaki Konstantina Maria Tsiouni #AXIAVenturesGroup #AXIA #DebtCapital #NewTransaction #Eurobank #GreekBanks #Greece #GreekEconomy #EconomyNews

“Many financial institutions in emerging economies, particularly in Africa, rely on branch models to serve micro and small entrepreneurs. ADTx’s objective is to help these institutions reduce their costs, improve the customer experience, and extend their reach through digital channels.” Our Njord Andrewes shares how the Accion Digital Transformation Fund aims to boost inclusive finance through digital technology with Christelle Marot in Africa Business Plus (paywall):

What an honor it was to attend the enlightening breakfast event hosted by Sasfin Asset Managers and RBN Fund Managers yesterday! Exploring economic growth avenues for Small and Medium Enterprises in South Africa was truly insightful, and delving into the transformative power of SMEs in our developing economy left me inspired and motivated. Grateful for the opportunity to connect and gain valuable insights!    #SasfinWealth #SasfinAssetManger #RBNFundManagers #JobCreationFund

When I think about what our investors entrust us to do with their capital, I believe that if they saw the daily rigor and process that goes into the structuring of each deal that TLG funds, they would be very comfortable with how we treat their investment. Anyone can come across an interesting company, but structuring the detail is where TLG Capital continues to show an edge, evidenced by our excellent track record and continued backing by repeat and new commercial investors for over a decade. Thank you NordSIP for the article. #investing #africa #privatecredit #finance

Discover our latest research for Mikro Kapital! Microcredit offers a promising path to financial inclusion and poverty reduction. It empowers communities, fosters entrepreneurship, and drives sustainable development. However, challenges exist. Currency fluctuations can threaten the stability of microfinance institutions (MFIs). Effective risk management strategies are crucial to ensure MFIs can continue serving low-income communities. By embracing collaboration, social responsibility, and strategic risk management, microcredit can pave the way for a more equitable future with economic opportunities for all. https://lnkd.in/dsn6d-Eb Join the conversation! Share your thoughts in the comments and tag someone who would find this article interesting. #ExchangeRisk #SmallBusinesses #Microcredit Mikro Kapital ThePlatform Virgil Alternative Investments UK Ltd VA Capital Holding Vincenzo Trani Etienne Schneider Peter Michel Heilmann Lorenzo Carlino Nicola Troilo Silvia Donghi Michele Mattioda Johannes Feist pape saliou ndao Thomas Heinig Nicola Ragusa Alma Ceric Carlos Costales Eitan-Guillaume Gold Gabriele Bernardi Joel Gasche Luca Pellegrini Massimo Realini Rosario Carlo Rizzo Stefano Magagnato Samir-Nicolas Ward / CEFA-CESGA Gianluca Guerra Veronica Fiorini Mounir Saib Valentina Bagnara

We are looking forward to AltVest Capital Limited's Class C Preferred Ordinary Share with the Altvest Credit Opportunities Fund ("ACOF") as underlying, listing on the CTSE Equity Market on Tuesday, 5 September 2023. 💥 ACOF is a debt fund that provides affordable working capital and asset finance solutions to SMEs in South Africa, with a strong focus on woman owned businesses. The ACOF team created dynamic, competitive, and attractive lending products, leveraging technology and innovative approaches to loan collateral. ACOF provides end-to-end advisory solutions for SMEs to solve the problems created by financial institutions in structuring bespoke outcomes for small businesses. By offering private listed debt and equity, ACOF is dedicated to empowering entrepreneurs and driving economic growth in South Africa. Issuer Agent: Birkett Stewart McHendrie Corporate Finance #CapitalMarkets #SustainableMarkets #CapeTownStockExchange #GenderEquality #UNSDGs #SDG5

Demystifying the Future of Finance: Tokenized Bonds and Mikro Kapital's Innovation The financial landscape is undergoing a digital revolution, and one area ripe for transformation is the bond market. Enter tokenized bonds, a new frontier that promises to reshape the way we invest in debt. We also delve into a recent development: a new tokenized bond issued for Mikro Kapital. This issuance highlights the potential of tokenization to support microfinance goals. https://lnkd.in/eYdMsmCH Join the conversation! Share your thoughts in the comments and tag someone who would find this article interesting. #TokenizedBonds #DigitalRevolution #Microcredit Mikro Kapital ThePlatform Virgil Alternative Investments UK Ltd VA Capital Holding Vincenzo Trani Etienne Schneider Peter Michel Heilmann Lorenzo Carlino Nicola Troilo Silvia Donghi Michele Mattioda Johannes Feist pape saliou ndao Thomas Heinig Nicola Ragusa Alma Ceric Carlos Costales Danny H. Eitan-Guillaume Gold Gabriele Bernardi Joel Gasche Luca Pellegrini Massimo Realini Rosario Carlo Rizzo Stefano Magagnato Samir-Nicolas Ward / CEFA-CESGA Gianluca Guerra Mounir Saib Veronica Fiorini Valentina Bagnara Francesco Montanari Gianmarco Bernardini Luca Oriani Andrea Pantalone