All News and Announcements
USAID, Visa Bangladesh to Drive Financial Inclusion, Payment Digitization
The partnership also focuses on designing and supporting cottage, micro, small, and medium enterprises.
Digital Innovations Empowering Caribbean Small Businesses
As part of the celebration of MSMEs once again this year, UNCDF spotlights two trailblazing enterprises, Unqueue and MLajan Mobile Wallet in the Caribbean.
CARE Invests in Ugandan Fintech Ensibuuko to Boost Financial Inclusion for Women
The investment, brokered by CARE Social Ventures, will significantly expand efforts to ensure women and girls have the digital and financial access they need to thrive in today’s world.
IFC Partners With Li & Fung and LFX to Support SME Growth and Digitalization in Asia's Supply Chains
The $75 million IFC loan will support Li & Fung's working capital needs and its supply-chain fintech affiliate Air8 in expanding its supply-chain solutions and financing services for small and medium-sized enterprises (SMEs).
The Rand Goes Digital: South Africa's Push for a Cashless Future
The South African Reserve Bank (SARB) has unveiled an ambitious roadmap that seeks to usher in a cashless era, prioritizing financial inclusion and economic growth.
Uganda: Online Lenders Harassing Borrowers Risk Closure
Licensed digital/online money lenders, who are diverting from the newly issued digital lending guidelines issued in March by the Uganda Microfinance Regulatory Authority (Umra), risk having their licenses revoked, the sector regulator has warned.
Interledger Foundation Accepting Applications for ILP Digital Financial Services Grant
Interledger Foundation (ILF) has announced that it is now accepting applications under its ILP (Interledger Protocol) Digital Financial Services Grant for emerging financial services, products, and innovative solutions geared toward benefitting underserved and underrepresented communities.
India and Ghana Accelerate Unified Payment Interface Integration for Seamless Cross-Border Payments
By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability.
Mauritania Commissions Germany’s G+D to Design Central Bank Digital Currency (CBDC)
Known as the digital ouguiya, the potential CBDC would complement cash.
IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia
The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.