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News

U Microfinance Bank Islamic Banking Receives International Recognition During 8th Islamic Retail Banking Awards

The award honors U Bank’s recent introduction of Shari’ah-compliant financial solutions in Pakistan and comes soon after U Bank’s full-scale commercial launch of Islamic Banking services nationwide.

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Saving Through bKash to Expedite Financial Inclusion From Rural Backwater

The bKash feature will open up new avenues for people who are lagging behind in terms of financial inclusion and expedite digital transformation.

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Clear Junction Announces Launch of Escrow Accounts for Fiat and Crypto Trading

The escrow accounts solution is open to Clear Junction clients and is designed for use by crypto exchanges who want to provide their clients with an additional layer of security.

News

Regulators Are Urging Fintechs to Boost Financial Inclusion – CCAF

A recent joint study from the Cambridge Centre for Alternative Finance at the University of Cambridge and World Bank found that the financial regulators are prioritizing fintech business models to contribute to financial inclusion and boost local economies.

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Symbiotics Investments Brings World’s First INR-Denominated Gender-Focused Bond to the Luxembourg Green Exchange

The proceeds from the bond will be dedicated exclusively to providing loans to female entrepreneurs in India.

News

Mintoak Develops Merchant Solutions to Fuel Business Growth for MSMEs

The strategic bank x FinTech partnership aims to help merchants manage omnichannel payments and also seamlessly access financial services on an agile-tech platform.

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ShEquity Invests in Woman-owned Financial Inclusion Startup Owoafara

The addition of Owoafara illustrates ShEquity’s unrelenting commitment to providing smart investments for African female entrepreneurs and innovators.

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Symbiotics Investments Arranged a $10 Million Green Bond for Proparco

Thanks to the PayGo credit facilities offered by GLP to the unbanked and low-income population, the project will also favor financial inclusion, giving access to PayGo credit facilities to 2.67 million people.

News

Jingle Pay Launches Mastercard for Unbanked UAE Residents

The move centers on financial inclusion, aiming to provide a new accessible digital payment solution to the 1.7 million people in the United Arab Emirates who are currently unbanked.

News

Fijian People to Benefit from Landmark Reforms to Deliver Modern and Efficient Payment System

This is a key outcome of reforms the Reserve Bank of Fiji has been leading in collaboration and partnership with key payment system stakeholders in Fiji.