IFC’s $56-Million Investment in Global IME Bank to Bolster Gender and Climate Financing in Nepal
The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals.
Crendly’s Character-Based AI Revolutionizes Access to Finance in Nigeria
The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.
Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya
Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.
WOCCU ‘Hub C’ Initiative Allows Credit Unions to Test Digital Innovations
World Council of Credit Unions (WOCCU) yesterday launched a new initiative that allows credit unions in emerging markets to test innovative digital products and solutions that could benefit members and attract new customers.
New ITU Cyber Resilience Toolkit Builds Trust in Digital Finance
The toolkit is a product of the ITU Security Lab for Digital Financial Services. By working with the lab, regulators in emerging economies can ensure secure infrastructure and applications to expand financial inclusion.
Tameo Announces the Release of the 2023 Private Asset Impact Fund (PAIF) Report
This year's report offers the most detailed and comprehensive analysis of the impact fund market, focusing on private asset strategies in emerging and frontier markets in developing countries.
ILO and KfW Join Forces to Empower Iraqi Small and Medium Enterprises and Foster Inclusive Growth
A new joint program will work to unlock access to sustainable finance, especially for young and women entrepreneurs.
Swedfund Invests $5 Million in Bridge Bank Microfinance to Enhance Financial Inclusion in Côte D’Ivoire
The investment aims to strengthen financial assistance for micro, small and medium scale enterprises (MSMEs), particularly those owned by women in Côte D’Ivoire.
Four Rural Fintechs Fostering Financial Inclusion in India
In India, rural fintech emerges as a compelling solution, leveraging technology to extend financial inclusion to the country’s vast rural population.
Microcredit Helps Ukrainian Refugees Start Businesses in Georgia
Since launching in 2022, the program for Ukrainians, which includes business mentoring services in addition to micro-finance, has helped over 30 Ukrainian entrepreneurs to support themselves and other refugees.