All News and Announcements
YCASH Enrolls in New Partnerships with Humanitarian Agencies and Deploys Humanitarian Transfers Platform and a National Digital Wallet
The Humanitarian Transfers Platform enables humanitarian agencies to execute transfers directly to their interventions beneficiaries without a third party.
YCASH Door to Door Payment Method as a Response for COVID-19 and Humanitarian Context in Yemen
The National Cash Transfer Company piloted the Door to Door Payment method as a response to the new challenging context and a preventive measure for coronavirus-related risks.
FINCA Pakistan Response to COVID-19 Pandemic
FINCA Pakistan is one of the first financial institutions to implement a Work From Home (WFH) plan to ensure the safety of its employees and their well-being while re-assessing the Business Continuity Plan (BCP) to ensure its patrons have access to financial services during the pandemic.
Mexican Startup Credijusto Raises $100 Million, Seeks to Boost Loans Amid Coronavirus
Mexican fintech startup Credijusto has raised $100 million in debt from Credit Suisse Group, a move that will help it extend more loans to small and mid-sized businesses as banks gauge how to respond to the impact of coronavirus.
Citi Foundation to Provide $15 Million to Support COVID-19 Related Relief Efforts Globally
Funds donated by the Citi Foundation will provide protective equipment for frontline health workers, equip diagnostic laboratories, improve surveillance and data collection, establish and maintain intensive care units and take other critical steps to scale up the urgent public health response to the pandemic around the world.
IFC Increases COVID-19 Support to $8 Billion to Sustain Private Sector Companies and Livelihoods in Developing Countries
The bulk of the IFC financing will go to client financial institutions to enable them to continue to offer trade financing, working-capital support and medium-term financing to private companies struggling with disruptions in supply chains.