The survey is intended to gather data that MFI management teams, funders and policy makers all need to help these institutions and their low-income clients weather the COVID-19 (coronavirus) crisis.

Due to the restrictive measures introduced by governments in all of Advans' countries of operation to prevent the spread of COVID-19, many of the branches have had to reduce or suspend services.

Originally the 2020 Compass survey was planned to be open over the summer. However, as the impact of the COVID-19 pandemic on the sector has become apparent, e-MFP decided to take advantage of the methodology, brand, goodwill and expertise developed in the previous two editions to re-purpose this year’s survey.

Paytm has expanded Paytm Postpaid facility to offline retail outlets and neighborhood kirana shops.

The global fintech challenge aims to offer solutions that can help financial institutions grapple with the existential threats posed by COVID-19 and climate change.

Paytm ties up with Non-bank financial institutions (NBFCs) to use past-transaction data to assign credit limits for loans for daily purchases of grocery, retail goods.

Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.

Supported by J.P. Morgan, the program will provide immediate relief and longer-term recovery support to 3,500 women entrepreneurs running microenterprises.

The aim is to make early-stage fintechs more visible to investors and others who can help them grow and have a noticeable impact on the more than three billion financially underserved people.

The UK-based company shuttered its India business on 13 April as 10 out of 14 lending partners withdrew their products within three days of the launch of a nationwide lockdown.