The series A funding comes from Incofin India Progress Fund, a private equity fund launched in 2021. As of June 2023, Varashakti Housing Finance offers home loans, home improvement loans, loans against poverty and small ticket business loans.

The investment will be utilized to fast-track the company's expansion plans and drive innovation across its product portfolio.

India's contribution to the Africa Digital Financial Inclusion Facility affirms its commitment to help break down barriers to the growth and uptake of digital financial solutions and accelerate financial inclusion in Africa.

Financial inclusion would be a key objective of the consultation on the potential of a retail central bank digital currency (CBDC) launched by the Central Bank of Honduras.

Symbiotics Investment granted Money Fellows, an Egyptian fintech, a $2.25 million loan to digitize money circles and expand its operations locally.

Orion Innovation is excited to announce a strategic partnership with Philippines-based Cebuana Lhuillier Bank in its transformative journey towards financial inclusion and modernized banking services.

FINCA Ventures, the venture arm of the global microfinance institution FINCA, invests in early-stage social enterprises providing essential products and services for low-income people.

These awards are recognitions and testaments of the Bank's commitment to its mission and vision of transforming and empowering lives and businesses in the most sustainable and ethical manner in Nigeria.

The move comes within the framework of the bank’s plans to achieve financial inclusion and boost the sector of micro-sized enterprises in Egypt.

The workshop aims to foster a collaborative environment for thought leaders to discuss strategies for women’s empowerment through microfinance and address challenges and opportunities in financial inclusion.