All News and Announcements
Catalyst for “Transformative Change”: Female Entrepreneurship Fund Launched
The Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.
Paymentology and Mastercard Join Forces to Foster Financial Inclusions in Northern Central America
Paymentology, the leading global issuer-processor, today announces an expanded partnership with Mastercard to bolster financial inclusion across Guatemala, Honduras, and El Salvador.
Funding Societies Signs $50M Credit Facility With HSBC to Drive SME Growth in Southeast Asia
Through this new facility the fintech lender will be able to channel the funds via its range of tailored financing solutions across SME segments across all its five markets.
Mastercard Commits to Delivering Economic Empowerment Tools and Resources to More Than One Million Women in Guatemala, El Salvador and Honduras
The commitments are part of Mastercard’s engagement, as a founding member, in the Partnership for Central America.
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.
Bitcoin Is Part of the Pitch As El Salvador Courts IMF Deal
The cryptocurrency will lose its reputation as a speculative asset and prove its use as a legitimate payment system, central bank President Douglas Rodriguez said in an interview on Monday.
El Salvador Bitcoin Transfers Soar, but Still a Fraction of Dollar Remittances
Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars.
Digital Payments — Not Cash — Is Now King in Asia’s Payment Ecosystem
Notwithstanding border restrictions, the region’s digital payments ecosystem is growing as countries collaborate to connect their domestic payment systems.
IFC Helps Banco Agricola Increase Access to Finance, Respond to COVID-19 Pandemic in El Salvador
The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.
COVID-19 Driving Increase in Digital Payments in Singapore
Singapore residents are increasingly adopting digital payments due to the COVID-19 pandemic, according to a GlobalData report.