All News and Announcements
Walmart-Backed Fintech Startup Is Acquiring Two Firms and a New Name
The startup, to be called ONE, is helmed by former Goldman executives and aims to build a 'financial services super app'.
IFC, LeapFrog Investments and DEG Invest in Vietnam’s HDBank to Help Accelerate Economic Recovery, Expand Lending to Smaller Businesses, and Boost Resiliency of the Banking Sector
Investment will increase access to credit for retail and small and medium enterprises (SMEs) with specific focus on women entrepreneurs.
Mikhail Miro, CEO of Wallet Factory, Joined Forbes Business Council
Wallet Factory's CEO has joined Forbes Councils to share his expertise in tackling financial inclusion issues by implementing innovative fintech solutions & services.
Symbiotics Opens New Offices in Armenia and India
This new office in Yerevan, Armenia aims to strengthen Symbiotics' long-standing presence in the region and further support its growth.
Financial Systems Development in Mozambique - One More Project Extension From GIZ and EU to AFC
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.
Equifax and Georgia Tech Announce Financial Inclusion Research Partnership
Georgia Tech Financial Services Innovation Lab to leverage differentiated data assets 'only Equifax' can provide to drive new studies on access to credit and fintech entrepreneurship.
CIMB Bank Philippines Collaborates With Zoloz to Strengthen Its Digital Banking Services with Advanced eKYC Solution
Under the terms of the agreement, CIMB Bank Philippines will leverage Zoloz's eKYC solution for frictionless user onboarding and enhanced payment experience, making financial services more accessible and inclusive to Filipinos.
Finclusion Raises $20M to Build Out Credit-led Neobank Offering Across Africa
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.
IFC, Omni Support Truck Drivers, Immigrants, Refugees, and Micro-entrepreneurs in Brazil
The investment will increase Omni's capacity to assist their existing as well as new clients, thus supporting the private sector's recovery in the wake of the pandemic.
Symbiotics Launches $10 million Social Bond With Hamkorbank From Uzbekistan
The proceeds of this Social Bond are to be allocated towards both micro loans up to $10,000 to microenterprises and SME loans up to $1 million to small and medium enterprises.