All News and Announcements
Women Entrepreneurs With Microfinance Loans Face Lots of Challenges, With or Without a Pandemic
Microfinance-supported entrepreneurs have exhibited the same resourcefulness that has characterized many other small businesses during the pandemic. At the same time, they face a variety of ongoing challenges.
Switzerland and Singapore to Teamup on Fintech
The two countries are looking towards financial sector digitalization. A conference slated for June in Zurich seeks to do just that.
IFC, LeapFrog Investments and DEG Invest in Vietnam’s HDBank to Help Accelerate Economic Recovery, Expand Lending to Smaller Businesses, and Boost Resiliency of the Banking Sector
Investment will increase access to credit for retail and small and medium enterprises (SMEs) with specific focus on women entrepreneurs.
CIMB Bank Philippines Collaborates With Zoloz to Strengthen Its Digital Banking Services with Advanced eKYC Solution
Under the terms of the agreement, CIMB Bank Philippines will leverage Zoloz's eKYC solution for frictionless user onboarding and enhanced payment experience, making financial services more accessible and inclusive to Filipinos.
Cambodia: NBC’s Bakong Wins Nikkei Award for Financial Inclusion
The world’s biggest financial newspaper selected Bakong “for its innovative technology and impact on the country’s economic and social development.
Combating High Fintech Costs for Better Financial Inclusion
A breakthrough in risk management is needed through adequate information support by the Financial Services Authority.
Telenor to Divest Wave Money, Exit Myanmar Mobile Banking
The sale of the stake for $53 million in cash values Wave Money at $104 million and is set to be finalized in the coming days, according to people close to the deal.
Symbiotics Launches $15 Million Green Bond for Greenlight Planet
Greenlight Planet will use the proceeds of the Green Bond to finance supplier advances, inventory and customer lease structures for pay-as-you-go solar home systems.
Hong Kong Fintech Unicorn WeLab Raises $240M to Buy Indonesian Bank
With this move, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population.
The Philippines Enhances National Strategy for Financial Inclusion
The refreshed six-year-old National Strategy for Financial Inclusion is meant to make it more current and to reflect the impact of the COVID-19 pandemic and greater digitalization of financial services.