All News and Announcements
A Vietnam-Based Startup Gimo Raises $17.1 Million to Bridge Financial Inclusion Gap
The investment will be utilized to fast-track the company's expansion plans and drive innovation across its product portfolio.
ADIB Egypt to Launch Egypt’s First Sharia-Compliant Microfinance Firm
The move comes within the framework of the bank’s plans to achieve financial inclusion and boost the sector of micro-sized enterprises in Egypt.
Accion Microfinance Bank Bags Three Sterling 2023 Awards
These awards are recognitions and testaments of the Bank's commitment to its mission and vision of transforming and empowering lives and businesses in the most sustainable and ethical manner in Nigeria.
FINCA Ventures Finca Ventures Invests in Farmer Livelihoods, Financial Inclusion and Education
FINCA Ventures, the venture arm of the global microfinance institution FINCA, invests in early-stage social enterprises providing essential products and services for low-income people.
Incofin India Progress Fund Invests $4.3 Million in Varashakti Housing Finance
The series A funding comes from Incofin India Progress Fund, a private equity fund launched in 2021. As of June 2023, Varashakti Housing Finance offers home loans, home improvement loans, loans against poverty and small ticket business loans.
De cada 10 personas en la base de la pirámide, cuatro prefieren ahorrar en efectivo
En Perú, de los clientes nuevos de Bancamía, 90% es vulnerable desde el punto de vista de sus ingresos y 40% accedió a un crédito formal.
Symbiotics Investments Closed the First Local Currency Transaction in Pakistan With Kashf Foundation
Symbiotics Investments' loan represents the first-ever local currency loan by any international institution in the microfinance sector of Pakistan.
Exness Expands Its Fintech Scholarships Program to Kenya
Multi-asset broker Exness announces extending its Fintech Scholarships program to Kenya in partnership with the United States International University aiming to support outstanding university students.
CARE Expands Its Women’s Economic Justice Leadership Team
Wellington Pak and Kim Brearley join CARE USA Women’s Economic Justice (WEJ) team, furthering its mission to help women save, earn and invest.
IFC and National Bank of Samoa to Boost SME Finance to Support Entrepreneurs and Create Jobs
International Finance Corporation will invest up to $4 million equivalent in Samoan Tala to boost access to finance for small and medium enterprises particularly women-led businesses and SMEs focused on agriculture.