Launched in June 2023 by the country’s largest telecommunications provider, the new mobile money service M-Selen aims to bring basic financial services to the fingertips of everyday Solomon Islanders.

The five-year initiative aims to advance digital financial inclusion for 20 million people, especially women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America.

The investment aims to allocate the loan proceeds towards climate change mitigation and adaptation technologies, focusing on local MSMEs, including women-led enterprises.

By addressing the need for improved access to financial services and support for MSMEs in agriculture, the project aims to contribute to the creation of jobs and the sustainable and inclusive economic development of the sector.

BBVA Microfinance Foundation was chosen among the winning projects for being the most innovative and sustainable of all. More than 500 nominations were assessed for the Award.

Ericsson and Telenor Microfinance Bank have signed a multi-year extension of their partnership to propel easypaisa’s financial services offerings and expand the horizon of their service portfolio within the fintech sector in Pakistan.

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

The new guidance is set to support financial institutions advance the financial well-being of their customers, both individuals and businesses.

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

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.