Nigeria: Citygate Microfinance Launches Digital Loan App
A microfinance institution, Citygate Global, has unveiled a multi-purpose mobile loan application, Monéé, which was designed to also cater for loan, savings, funds transfer services, investment, bill payment and others.
ICICI Bank Launches First Mobile Banking App
ICICI Bank announced that it has transformed its state-of-the-art mobile banking app, iMobile, into an app that offers payments and banking services to customers of any bank.
IFC, DAVR-BANK Boost Lending to MSMEs and Women-Owned Businesses in Uzbekistan
IFC's $5 million investment will provide critical working capital to help them continue their operations and stay afloat during the ongoing public health crisis.
Small World Launches USD Payout Service in Nigeria
This initiative follows the Central Bank of Nigeria (CBN) directive to enable global money transfers to be paid in US Dollars in an effort to streamline and increase the flow of formal diaspora remittances into Nigeria.
New SCBF Project: First-Of-Its-Kind Digital Tele-Medicine and COVID-19 Insurance Product in Nepal
In response to COVID-19, the new SCBF product upscaling project supports a local insurtech company to implement a first-of-its-kind e-health value added service product with two core features: e-health tele-consultation bundled with COVID-19 insurance.
Pandemic’s Effect on Remittances to Latin America Varied
As the COVID-19 pandemic froze the United States economy, not all Latin American immigrants living there were affected equally.
Defying Predictions, Nepal’s Remittances Still High
Despite dire predictions about a drastic drop in remittances that Nepal gets from its workers abroad due to the COVID-19 induced economic downturn, money transfers have remained steady.
Fintech Firms Offer To Help Disburse Government COVID-19 Funds
The Indonesian Fintech Lenders Association has offered to help accelerate the disbursement of national economic recovery program funds as the government struggles to amass the data needed to deliver the money to the right places.
Remittances to Mexico Hit Third Highest Level on Record in July
Remittances sent to Mexico, a major support for the Mexican economy and in particular for low-income families, continued its historic 2020 run and rose in July to the third highest level on record.
Early Bird Pricing for SEEP's 2020 Conference Ends on September 10!
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