The company projects it will process around $400 million in payments this year in the five countries in which it operate.

The firm was committed to educating young people about the importance of insurance and financial planning from an early age.

The fund will support and invest in social entrepreneurs working in the fields of agriculture, financial inclusion, supply chain and mobility, with the aim of solving social issues in India through business.

The joint initiative aims to leverage their combined strengths to benefit farmer producer organizations, nano, micro, small, and medium enterprises, Self-Help Groups, women entrepreneurs, start-ups, and similar entities.

This collaboration underscores a significant step towards enhancing digital trust and financial inclusion for Micro, Small, and Medium Enterprises (MSMEs) globally.

VisionFund International has reached 5.2 million children in 25 countries. Majority of those impacted were from the African region, with 4.5 million children. 

Axis Bank and Piramal Finance's recent partnership aims to boost financial inclusion for underserved borrowers, facilitate easier access to credit for MSMEs to foster business growth.

The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso. 

The Government of São Tomé and Príncipe, in partnership with the United Nations Capital Development Fund, last week announced the launch of the Local Climate Adaptive Living Facility.

The partnership also focuses on designing and supporting cottage, micro, small, and medium enterprises.