The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.

Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.

Bahrain hosts much of the most innovative fintech activity, including wider access to financial services.

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. 

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 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.

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.

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.

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. 

A new joint program will work to unlock access to sustainable finance, especially for young and women entrepreneurs.