All News and Announcements
UNSGSA Queen Máxima Visits the Philippines to Support Scaling Up Financial Services for Better Financial Health
The visit from 21-23 May 2024 will focus on advancing key foundational building blocks for financial inclusion—including connectivity, digital identification, and digital payments—as well as enhancing financial health and resilience against economic and climate-related challenges for Filipinos.
Tala Establishes a $48.5 Million Loan Channeling Partnership With Maya Bank to Increase Filipinos' Access to Financial Services
Fintech company Tala announced its partnership with Maya Bank, the digital bank leader in the Philippines, marking a significant milestone towards bridging the financial gap for millions of Filipinos.
Philippines: Community Bank Champions Women’s Empowerment Through Financial Inclusion
Since adopting the UN Sustainable Development Goals as part of its sustainability framework in 2010, BDO has reported that 66 percent of its micro, small, and medium enterprises clients for BDONB are women-owned as of 2022.
Empowering Last-Mile Communities With Parametric Insurance and Financial Inclusion Services in the Pacific
The 27th Consumer Empowerment and Market Conduct and 10th Inclusive Green Finance Working Group came together on 4-7 March to discuss how financial services that target ‘last-mile’ communities, such as parametric insurance, can be more customer-centric and empowering.
IMF Proposes Digital Money to Enhance Financial Inclusion in Pacific Island Nations
A recent IMF report suggests that digital money could significantly improve financial inclusion and enhance the quality of financial services in the remote and dispersed nations of the Pacific Ocean.
Symbiotics Investments Supports Solar Energy Projects in Vietnam Through a Green Bond With Ecoligo
Symbiotics Investments, the leading market access platform for impact investing, has arranged a $5 million green bond for ecoligo Vietnam, a subsidiary of ecoligo GmbH based in Germany.
New Mobile Money Service Welcomed as a Tool for Financial Inclusion in Solomon Islands
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.
Visa and GSMA Foundation Launch Financial Inclusion Project
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.
Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya
Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.