All News and Announcements
Parabank Launches Credit Offering for People With Disabilities
Parabank, the world’s first digital bank focused on people with disabilities, is now launching credit and prepaid cards with a variety of benefits, including partnerships with rehabilitation clinics, a marketplace with products and services and access to investment services.
Ant International and Dock Are Improving Financial Inclusion in Brazil With AI-Driven Credit Tech
Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.
Burkinabé Communities Use Performance-Based Grants to Invest in Climate-Resilient Agriculture and Water
The UNCDF designed the Local Climate Adaptive Living Facility (LoCAL) to help strengthen the resilience of vulnerable communities such as Saponé in the Centre-Sud Region, Loumbila in the Plateau-Central Region and Pabré in the Centre Region of Burkina Faso.
IFC Invests in Banco Santander’s Social Bond to Boost Financial Inclusion in Brazil
The investment will help close Brazil's social financing gap and bolster a more inclusive economic growth.
Registration Now Open for Responsible Finance Forum July 2-3 in Fortaleza, Brazil
Registration is now open for the annual Responsible Finance Forum (RFF) event, convened by the Center for Financial Inclusion at Accion, which will take place July 2-3, 2024 in Fortaleza, Brazil.
Fintech Clara Launches Payment Account in Brazil Eyeing $1 B in Transactions
Latin American fintech Clara has launched a payment account in Brazil that it expects will help it reach $1.23 billion in transactions in 2024.
EBANX Launches Payment Initiator Service for Brazilian Merchants via Pix
International payments in rising markets company EBANX has been authorized by the Central Bank of Brazil to offer a payment initiator service via Brazil’s instant payment platform Pix.
IFC and Itaú Partner in a Gender Bond to Support Women Entrepreneurship in Brazil
The project represents the first gender bond issued by a private bank in Brazil in the form of Letras Financeiras (LFs), an exclusive debt security instrument for local financial institutions.
IFC to Invest BRL 250 Million in Tradepay FIDC to Support Expansion of Retail MSMEs in Brazil, Drive Economic Growth
The investment will help promote greater market competitiveness by bolstering competition in the micro, small and medium enterprises (MSMEs) financing market through a capital market solution.
Grameen Foundation Grants a First Loan to the Microfinance Institution Baobab in Burkina Faso
Through its subsidiaries, Baobab provides financial services to half a million microentrepreneurs and small businesses, thus allowing access to financing to people who are not currently supported by traditional banks.