All News and Announcements
SPTF and Cambodia Microfinance Association Sign Agreement to Strengthen Client Protection in Cambodia’s Financial Services
The partnership will help chart a roadmap for responsible growth, financial stability and customer protection in Cambodia's microfinance and broader financial sector.
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.
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.
IFC’s First Investment in an NBFI in the Philippines to Support Women-Owned Small Businesses, Drive Post-COVID Recovery
The funding will allow Esquire, a market leader in the unsecured small and medium enterprises loan segment, to grow its loan portfolio and better serve women-owned SMEs during and after the global pandemic.
Vietnamese Fintech Startup Trusting Social Raises $65m Series C
Trusting Social is an AI fintech company aspiring to democratize financial services through AI-based consumer insights and embedded finance.
Philippines: IFC, IFC Financial Institutions Growth Fund, and IFC Emerging Asia Fund Invest in Voyager Innovations to Expand Digital Financial Services
The investment will enable Voyager to grow its platform and offer integrated, end-to-end digital financial services to consumers, micro, small, and medium-sized enterprises (MSMEs), and large enterprises.
Fintech Voyager Raises $210 M to Become Second Philippine 'Unicorn'
Voyager, which serves 47 million people through its consumer platforms that include e-wallet and digital payments, said the fresh capital will fund its digital banking venture and other services like cryptocurrency and micro-investments.
Philippines: BSP Backs Use of Satellite Technology to Boost Financial Inclusion, Disaster Resilience
The Bangko Sentral ng Pilipinas said the use of satellite technology to expand broadband services would boost financial inclusion, as well as help banks in remote areas improve disaster resiliency.
Digitalization Key to Helping Micro-Retailers Grow Share of Indonesia's $80 Billion FMCG Market
IFC invested $5 million in equity to finance AwanTunai with the goal to bolster growth opportunities for micro-retailers -- many of them women – who are part of an industry made up of some 30,000 wholesalers and three million merchants.
PPRO to Acquire Payment Technology Firm Alpha Fintech
The deal will expand PPRO’s offering, strengthen its presence and networks in Asia Pacific, and allow it to deliver products and services faster to its customers.