The company aims to solve the problem of informal areas not having access to payments systems in the digital age.

The coalition said it had exceeded its initial target by 40 percent, while development finance institutions jointly committed over $5.55 billion of financing of MSMEs in Africa over the period.

With this launch and with an ongoing collaboration with Mercy Corps, Payrail Agency hopes to offer a bouquet of services to solve diverse business needs and challenges of small holder farmers.

The two countries are looking towards financial sector digitalization. A conference slated for June in Zurich seeks to do just that. 

The overall program objective is to increase the productivity of the participating actors in the agricultural value chains particularly affected by climate change.

It has gathered over $18 million in donor funding for deploying over 140 technical assistance projects, ranging from governance, product development, sustainability, social performance, digital financial services, green energy and agriculture finance.

The joint project will contribute to the improvement of refugees' financial inclusion in Europe, in particular access to microfinance and business development services.

This new office in Yerevan, Armenia aims to strengthen Symbiotics' long-standing presence in the region and further support its growth.

This very important commitment brings the duration of the advisory services provided by AFC to a total of nine years, with a total contract value of EUR 3.4 million.

The fintech that uses AI algorithms to provide financial services to African customers via an array of credit-centric products has raised $20 million in debt and equity pre-Series A financing.