Qi Card mobile money offering provides Iraqis with digital means for safe and secure financial transactions.

Like microlenders in other parts of the world, the company aims to democratize access to modern financial services, in order to promote financial inclusion.

Brazil’s central bank has authorized testing of payments via Facebook Inc’s messaging service WhatsApp in the country easing an outright ban on the service imposed last month.

This loan to Daycoval is being granted as part of IFC’s global response to combat the economic impacts of the COVID-19 pandemic.