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African Development Bank Provides $320,535 to Mainstream Gender in Economic Community of West African States' Digital Financial Operations

The funds will support a gender gap analysis of several West African Monetary Agency strategies including those for financial inclusion; gender disaggregation data analytics; digital payment services and infrastructure; and digital identity.  

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ACI Worldwide and InComm Payments Partner to Digitize Cash Payments, Driving Financial Inclusion Amid the Pandemic

ACI Worldwide and InComm Payments announced a partnership that will digitize cash payments through the use of a barcode payment token.

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Indonesia Startup Bags $50M for Lending to Rural Women

Amartha will use the funds from US-based Lendable to encourage women micro entrepreneurs.

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EIB Lends $3M to Microfund for Women (MFW) for Entrepreneurs in Jordan

These loans are intended to support 9,100 people, 90 percent of whom are women, whose livelihoods have been threatened by the effects of the COVID-19 pandemic.

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Brazil-Based Mobile Payments Platform RecargaPay Attracts $70 Million

RecargaPay is a mobile payments platform and wallet for Brazil that is focused on simplifying everyday payments for banked and unbanked consumers in Brazil.

News

Discover the European Microfinance Week 2020 Conference Report

Delve into the extensive summaries plus full recording of the EMW2020 sessions covering key topics such as the impact of & response to COVID-19, effective & inclusive savings, digital finance, climate change, client protection and more.

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CBE-Hosted Fintech Innovation Sprint Launched to Address COVID-19 Challenges

The initiative comes as part of Egypt’s fintech and innovation strategy that aims to achieve the state’s goals in using technology, as well as promoting innovation and financial inclusion.

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Pandemic Gives Extra Momentum to Cashless Drive in Japan

With more people avoiding physical cash amid the COVID-19 pandemic, digital payments are becoming more popular in Japan.

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IFC Investment to Boost Access to Finance for Farmers, Strengthen Agribusiness in Turkey

This targeted new investment will help address the critical financing needs of Turkey's underserved micro, small, and medium enterprises in the agricultural sector.

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First International Bank Launches a New Digital Wallet Service: FibiPay

The digital wallet allows the Bank's customers to make payments directly from their mobile phone when making a purchase without the need to present a credit card.