All News and Announcements

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News

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'.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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.

News

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.