Platinum Credit Uganda Raises $4M for MSME Growth

Platinum Credit Uganda, a subsidiary of ThePlatcorp Group, has secured $4 million in investment from Swiss asset manager Symbiotics to expand its financing for low-income households and micro, small, and medium enterprises (MSMEs) across Uganda. MSMEs are the backbone of Uganda’s economy, accounting for over 90% of private sector firms. However, MSMEs and low-income households face a considerable financing gap and are regularly blocked from accessing critical investment due to historic financial barriers. This injection of funding...

Stable Sea, dLocal to power low-cost, B2B cross-border stablecoin payments

Stable Sea today announced a strategic partnership with dLocal, the leading cross-border payment platform connecting global merchants to emerging markets to enable low-cost, high-speed B2B stablecoin-powered international payments for businesses operating across emerging and developed markets. By leveraging dLocal’s local payment rails across more than 40 countries, the partnership expands Stable Sea Business’s global payout and settlement capabilities, giving businesses and treasury teams a modern alternative to slow, expensive traditional bank wires and correspondent banking networks. Through this partnership, Stable...

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