Investing in China’s low-carbon transition, farmer financing in India, alt-consumer credit in Chile, six ideas for mobilizing climate finance

Chile’s Destacame raises $3 million to boost consumer financial access. The Santiago-based financial services company uses alternative methods of credit-scoring to underwrite loans and offer basic financial products to underserved customers. Destacame offers products from more than two dozen financial services providers and serves 1.3 million customers in Chile and Mexico. Its Series A round was backed by Fen Ventures and existing investors Accion Venture Lab and Mountain Nazca.

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