Dutch development bank FMO has proposed $4 million funding in Maxima Microfinance, a regulated microfinance institution in Cambodia.

After an extensive global search, VisionFund is pleased to announce that Edgar Martinez has been appointed President and CEO for VisionFund International effective18 January 2021.

Central banks and their partners have innovated across machine learning, cloud services, payments and more.

Within the continent’s gloomy pandemic narrative, the formidable resilience of remittance flows into African markets is a shining light.

The pandemic highlights the crucial role of insurance as a safety net when people lose their jobs or are unable to get to work, when bread-winners get sick or die, or when small businesses are forced to shut.

Symbiotics publishes its inaugural global impact fund survey, merging its historical microfinance investment vehicle survey, started with the CGAP in 2007, and its private debt impact fund survey, started with the Global Impact Investing Network in 2018.

EUR 4.2 million to help sustain micro and small enterprises during difficult environment of COVID-19 crisis.

Remittance flows to low and middle-income countries are projected to fall by 7 percent, to $508 billion in 2020, followed by a further decline of 7.5 percent, to $470 billion in 2021.

Fintechs that adequately handle this increasing regulatory oversight will demonstrate their maturity.

hoolah, a two-year-old Fintech startup offering Buy Now, Pay Later (BNPL) payment solutions, confirmed that it is moving forward with its plans to expand into Asian markets.