All News and Announcements
Jeff App Secures $2M to Propel Financial Inclusion in Emerging Markets
The fresh capital will be used by Jeff App to continue its aggressive expansion into new markets, with India being the next target.
Suzuki Launches $40M Fund in India to Support Social Entrepreneurs
The fund will support and invest in social entrepreneurs working in the fields of agriculture, financial inclusion, supply chain and mobility, with the aim of solving social issues in India through business.
Axis Bank and Piramal Finance Join Forces for Co-Lending Business in India
Axis Bank and Piramal Finance's recent partnership aims to boost financial inclusion for underserved borrowers, facilitate easier access to credit for MSMEs to foster business growth.
India: RBI Cautions Micro Lenders, NBFCs Against High, ’Usurious’ Interest Rates
The Reserve Bank of India (RBI) on Friday said it has come across instances of micro lenders and non-bank financiers charging high, 'usurious' interest rates on small-value loans, reminding them to judiciously use their pricing power.
India and Ghana Accelerate Unified Payment Interface Integration for Seamless Cross-Border Payments
By streamlining cross-border payments and reducing reliance on third-party currencies, initiatives like these promote financial inclusion and stability.
Oikocredit Co-Leads a $39 Million Investment in Altum Credo to Promote Affordable Housing Finance
Oikocredit, alongside Z3 Partners and with the participation of British International Investment, has led a $39 million equity investment in Altum Credo to bolster affordable housing finance in India.
Microfinance Provider Sindhuja Microcredit Raises $14.5 Million From GAWA Capital, Oikocredit
The capital will be used in funding expansion to new geographies and existing ones along with new product lines.
Symbiotics Investments Supports Solar Energy Projects in Vietnam Through a Green Bond With Ecoligo
Symbiotics Investments, the leading market access platform for impact investing, has arranged a $5 million green bond for ecoligo Vietnam, a subsidiary of ecoligo GmbH based in Germany.
Four Rural Fintechs Fostering Financial Inclusion in India
In India, rural fintech emerges as a compelling solution, leveraging technology to extend financial inclusion to the country’s vast rural population.
India Tops Global Remittances at $125 Billion in 2023: A Comprehensive Insight
The $125 billion influx signifies the unwavering commitment and support of the Indian diaspora to their families and communities.