Théodore joins Symbiotics from Lombard Odier Investment Managers, which he had joined in 2015 as CIO of the Multi-Asset Group.

The financing package aims to support micro, small and medium enterprises, women-owned SMEs, housing for underserved segments, and climate-smart investments, including green buildings.

The cooperation aims to strengthen the offer of financial products and services to Venezuelan migrants, especially women, with the aim of helping them successfully integrate into the country's social and economic dynamics.

"COVID-19 has underscored how important digital systems and contactless transactions are for economic resilience."

Overseas remittances are expected to fall short of the target this year due to the economic crisis caused by the COVID-19 pandemic and shutdowns around the world.

This is the first local source of funding and will bolster the microfinance institution’s ability to serve low-income entrepreneurs.

Digital accelerated to the forefront amid the COVID-19 pandemic, but it’s become clear as governments lift stay-at-home orders that it’s now many consumers' preferred way of getting things done.

The household survey will also capture remittance risks to the rural economy until the pandemic is contained.

The objective is to create a centralized, shared registry in the region that can be customized to each country’s particular case.  

The partnership enables Airtel Money’s 19 million customers to receive MoneyGram transfers directly into their mobile wallets from around the world.