The collaboration will see Development Finance Corporation support potential investments of up to $50 million in organizations within the Mastercard Community Pass network.

A recent joint study from the Cambridge Centre for Alternative Finance at the University of Cambridge and World Bank found that the financial regulators are prioritizing fintech business models to contribute to financial inclusion and boost local economies.

This first of its kind announcement between Bangladesh’s first digital-only microfinance provider and UK fintech will enable Bangladesh’s app-based entrepreneurs to access the credit they need to purchase goods to enable them to carry out their jobs.

A new study by LemonEdge found that while some workers have experienced the positive benefits of hybrid working, and even decreased levels of burnout, a third of financial and banking services workers state levels of burnout has increased due to changes in work environment since the pandemic and working from home hybrid model.

The mission of the strategic partnership is to tackle the laborious and outdated approach taken by correspondent banks when onboarding respondent banks and managing the periodic review process of counterparties.

To be eligible, startups should have annual revenues of up to EUR 250,000  while scaleups need more than EUR 250,000 in annual sales.

MX announced it has partnered with BECU today to build a mobile app feature Quick Save that encourages BECU members to build savings through frequent, small-amount transfers.

The investment is part a previously announced $60 million Series B funding round for FintechOS.

Through this partnership FinScore will intensify its focus on delivering alternative credit scoring to help financial institutions reduce high default rates and prevent fraudulent activity.

Through a Mastercard virtual payment solution linked to MTN MoMo wallets, consumers can now unlock a host of opportunities.