All News and Announcements
COVID-19 Drives Global Surge in Use of Digital Payments
2021 Global Findex finds that three quarters of adults now have a bank or mobile money account; gender gap in account ownership narrows and more.
Inclusive Fintech 50 Launches 2022 Competition to Recognize Fintech Startups Driving Inclusive Finance
The theme of the 2022 IF50 competition is “Making Digitalization Count.”
Indonesian Financial Services Authority Enacts Consumer and Public Protection Regulation in the Financial Services Sector
The enactment of the new regulation could majorly update the the Indonesian Financial Services Authority's stated goal of maintaining a stable and transparent financial sector while protecting consumers and society.
ADB Lends $15M to KMF to Boost Financial Inclusion for MSMEs, Post-COVID Growth in Kazakhstan
The loan is intended to boost its services to micro-, small, and medium-sized enterprises – especially in rural areas – to “improve financial inclusion and contribute to Kazakhstan’s recovery from the COVID-19 pandemic.”
Ghana’s Fido Raises $30M Series A to Broaden Financial Inclusion in Africa
The fintech has now raised $38 million to date and intends to use the fresh capital to launch new financial products in Ghana, expand its customer base throughout the continent.
New Climate Finance and Energy Innovation Hub to Accelerate Access to Clean and Affordable Energy Throughout the Global South
Designed as a global end-to-end policy and finance platform, the Hub will harness the power of financial innovation to ensure maximum leverage.
Symbiotics Launched Two Green Bonds of $17 Million in Africa With Sun King
The green projects that will be financed belong to the renewable energy category, in particular solar kits.
Tammeyah for Microfinance Services Buys French B2B Marketplace
Tanmeyah, which was founded in 2009, provides working capital for smaller enterprises and reports having 391,000 clients.
ADB and KMF Sign $15M Loan to Expand Access to Credit for MSMEs in Kazakhstan
This loan is ADB's first intervention in Kazakhstan's financial sector in several years. It will support KMF's efforts to improve financial inclusion and contribute to Kazakhstan's recovery from the COVID-19 pandemic.
British International Investment and Symbiotics Partner to Launch First-ever Green Basket Bond Across Africa, South and Southeast Asia
The green lending program will direct much-needed financing to small-scale green projects across Africa, South and Southeast Asia through local MSME banks.