With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.
For founders considering a European expansion strategy, southern France — often overlooked in favor of Paris or Berlin — may now be worth a serious look.
Africa’s population is expected to double by 2050. The global demand for digital services is exploding. And many countries are still unsure how to compete.
The VC backed a number of startups that have become prominent players, including Zeepay, a cross-border payments company; BezoMoney, a digital bank targeting the unbanked, among others.
With capital heavily concentrated in a handful of giants, Nithio’s FUEL vehicle aims to widen the financing pipeline for charging networks and fleet operators.
Although disputed claims represent less than 3.5% of lifetime originations, one lawsuit for every 15 active borrowers highlights the legal and administrative costs of enforcing unsecured loans in high-inflation markets.
