![]() It also serves as a crucial building block for the European Union’s Capital Markets Union initiative, fostering closer integration and cooperation within the European financial landscape. The regional consolidation initiative perfectly aligns with the ongoing endeavors of all key stakeholders to establish a robust pan-Baltic capital market, as outlined in the 2017 Memorandum of Understanding. This development will significantly enhance the region’s visibility among international investors who closely follow MSCI indices. The introduction of a unified index, scheduled to launch during the August 2023 Index Review, will enable seamless integration of the three Baltic markets into the MSCI universe. (PRESS RELEASE) LONDON, / EuropaWire/ - The European Bank for Reconstruction and Development ( EBRD), a multilateral developmental investment bank, together with the Ministries of Finance of Estonia, Latvia, and Lithuania, the European Commission (EC), and Nasdaq Baltic, proudly supports the MSCI initiative aimed at consolidating the Estonian, Latvian, and Lithuanian markets for efficient index construction and maintenance purposes. The consolidation will result in a larger index with more constituents, enhancing investment opportunities in the Baltic region. ![]() Initially focusing on Estonia and Lithuania, the index may include Latvian securities in the future. The new MSCI Baltic Index, launching in August 2023, aligns with the goal of creating a pan-Baltic capital market and supports the EU’s Capital Markets Union initiative. This integration will raise the region’s profile among international investors who track MSCI indices. (IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. Alarko Capital, Esas Ventures, Finberg, First Minute Capital, FJ Labs, Patamar Capital, To.EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal.Je suis donc particulièrement heureuse et fière de ce nouveau financement qui va nous aider à étendre notre champ d’action et me permettre à titre personnel de contribuer davantage au développement du continent africain. La diaspora est aujourd'hui le premier investisseur du continent et Taptap Send en facilitant le transfert d'argent, favorise ainsi directement l’inclusion financière des bénéficiaires en Afrique. Aujourd’hui, c’est toute ma famille camerounaise, mes voisines congolaises, mes amies maliennes qui l’utilisent au quotidien. Lorsque j’ai rejoint Taptap Send, mon mari et ma belle famille sénégalaises étaient déjà utilisateurs de l’application depuis plus d’un an. J'ai grandi en région parisienne dans une ville monde, cosmopolite, entourée de nombreuses diasporas africaines : sénégalaises, maliennes, congolaises, ivoiriennes… Toute ma vie, j'ai été témoin des valeurs de solidarité et de partage communes à toutes ces diasporas. Mes parents ont quitté leur famille au Cameroun et sont venus en France faire leurs études au milieu des années 80. (See our previous post for more on our motivation for starting Taptap Send.) Beyond global goals though, this venture is about people and communities and there’s nobody better to explain why we’re doing what we’re doing than the founding teams from the specific countries themselves: And in the process, accelerate the realization of the Sustainable Development Goal to reduce global inequality to which we’re committed. The $65M investment in Taptap Send will allow us to invest even more in the communities we serve, increasing the quality of service, improving speed while lowering cost, and helping our users with their financial needs, independent of borders. It also, of course, means that we’ll be able to scale even faster by opening new markets to bring instant, no fee, mobile transfers to those that benefit the most. Beyond this group’s successful track record, we’re particularly excited by their global reach - from places as diverse as Nigeria, Jordan, and India - and their commitment to helping individual diasporas send money home. They’re joined by previous leads Reid Hoffman and Canaan Partners among many others 2. We're excited to announce our Series B and welcome our new investors 1, led by Spark Capital, to the Taptap team.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |