Bancamía and IFC Sign Cooperation Agreement to Develop Financial Products and Services for Venezuelan Migrants in Colombia
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.
IFC Helps Banco Agricola Increase Access to Finance, Respond to COVID-19 Pandemic in El Salvador
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.
Mastercard and MDEC Ink MoU To Drive Electronic Payments and Accelerate Financial Inclusion
Private and public collaboration to focus on using digitalization to address a range of economic, commercial, and social issues.
Visa and TerraPay Partner to Drive Domestic Remittances
TerraPay and Visa have today announced a strategic partnership that aims to develop and deliver payment solutions to drive financial inclusion and cashless transactions for domestic payments in Kenya and global remittances to Kenya.
South Asia Faces a Remittances Crisis Amid COVID-19 Pandemic
Coronavirus lockdowns cost millions of migrant workers their jobs, halting billions in remittances they sent home.
IFC Supports Nigeria’s FCMB to Finance SMEs Facing COVID-19 Related Challenges
IFC announced a $50 million loan to Nigeria’s First City Monument Bank (FCMB) Limited to help it expand lending to small and medium enterprises (SMEs) so they can sustain business activities disrupted by the COVID-19 pandemic.
SANAD and Export Development Bank of Egypt Strengthen Partnership to Support SMEs, Agricultural Exporters, and Microfinance Institutions in Egypt
The aim of this partnership is to channel much-needed financing to agricultural and small and medium-sized exporters as well as microfinance institutions in Egypt in response to the economic difficulties brought about by COVID-19.
Symbiotics Expands Its Flagship Industry Survey – From Microfinance Funds to Private Asset Impact Funds
Symbiotics is broadening its fund research expertise with a new survey on Private Asset Impact Funds.
COVID-19 Creates Opportunities for Mass Adoption of Fintech in Bulgaria
The COVID-19 outbreak and the economic downturn it triggered gave the fintech sector in Bulgaria a chance to see various opportunities for mass adoption of financial technology in the near future.
Pakistan Cites New Transfer Rules in Remittances Boost
In a rare instance of COVID-19 helping a country’ s economy, Pakistan saw a significant uptick in remittances from nationals working overseas in July.