All News and Announcements

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News

TerraPay Joins Forces With Diamond Trust Bank Uganda, to Simplify Global Money Transfers in Uganda

This partnership is poised to significantly narrow the financial inclusion gap, streamlining the processes of money transfer, savings, and credit accessibility for individuals.

News

Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance

The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses.

News

BRAC International: Empowering Women in Liberia Through Microfinance and Beyond

BRAC International has recently expanded its microfinance operations in Liberia, marking a significant milestone in its mission to empower women in rural and remote areas.

News

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.

News

Mahindra Finance & IBM Collaborate to Drive Financial Inclusion With Super App

This app will enable consumers from both metropolitan and non-metropolitan areas to have continuous digital access to avail and manage products & solutions in a secure, streamlined, and simple manner.

News

Crendly’s Character-Based AI Revolutionizes Access to Finance in Nigeria

The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

News

Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya

Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.

News

IFC’s $56-Million Investment in Global IME Bank to Bolster Gender and Climate Financing in Nepal

The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals. 

News

Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations

The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.

News

USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services

This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.