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News

Fiji, India and UN Join Hands to Launch Ambitious Project to Scale Climate and Disaster Risk Financing Framework and Parametric Insurance in Fiji

This initiative refines and expands coverage of the parametric insurance product that was first launched in 2021 and aims to strengthen Fiji’s financial resilience against climate change and natural disasters.

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LAPO Microfinance Bank Wins Ninth Consecutive “Microfinance Bank of The Year” Award at BAFI 2023

This award recognizes LAPO’s outstanding contributions to the microfinance sector and its pivotal role in improving the livelihoods of countless individuals and businesses.

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IFC Invests in Shinhan Finance to Support Smaller Businesses in Kazakhstan

The financing will allow Shinhan Finance to continue providing much-needed longer-term loans and enhance the resilience of smaller enterprises, which are critical for economic growth and job creation.

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UNI2 Microcrédito Receives $3 Million Loan From Triodos Microfinance Fund and Triodos Fair Share Fund

The debt facility provided by Triodos Microfinance Fund and Triodos Fair Share Fund will enable UNI2 to further expand its loan portfolio in post-conflict areas of the country where poverty rates are high.

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GFANZ Launches Latin America & Caribbean Network to Support Climate Finance in the Region

New regional network will support engagement with financial institutions and policymakers across Latin America and the Caribbean to capitalize on the net-zero transition opportunity for the region.

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Call for Expression of Interest: Financial Inclusion 2.0

CGAP is looking for organizations that have access to substantial amounts of data linking the use of financial services to customer outcomes. 

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Innovative Gender Bond Series Uplifts Rural Women to Drive Climate Action in Asia

The United Nations Economic and Social Commission for Asia and the Pacific and the United Nations Capital Development Fund partnered with Impact Investment Exchange to support rural women entrepreneurs across the region to access affordable and well-regulated financial services.

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Google Plans to Join India’s BFSI to Fuel Financial Digital Journey

This partnership encompasses AI integration, SME solutions, enhancing online safety, fostering local collaborations, and more. Google Pay’s introduction in response to the government’s invitation strengthened financial inclusion.

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Samoa’s First Parametric Microinsurance Product Launched to Cushion Impact of Climate Change

The product which was developed by the Pacific Insurance and Climate Adaptation Programme, will be piloted in Samoa over the next 12 months.

News

Fintech Innovation Lab New York Opens Applications for 2024 Class

Applications are now open for the Fintech Innovation Lab New York, a program founded by Accenture and the Partnership Fund for New York City.