MICROCAPITAL BRIEF: Svatantra of India Paying Navi Group $179m for Microfinance Subsidiary Chaitanya

Svatantra Microfin Private Limited, an Indian non-banking financial company-microfinance institution (NBFC-MFI) recently agreed to pay INR 15 billion (USD 179 million) to India-based Navi Group in exchange for its fully-owned subsidiary Chaitanya. Navi was advised on the deal by

MICROCAPITAL BRIEF: Fintech Supersim Raises $6m in Debt for Microfinance in Brazil

Supersim Análise de Dados e Correspondente Bancário, a Brazilian financial technology (fintech) startup, recently entered into a securitized debt agreement with a cap of BRL 30 million (USD 5.7 million), arranged by Navi, a Brazil-based asset manager. The source or sources of the funds remain confidential. This is the first time Supersim