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News

Singapore: MAS to Host $1.25 Million COVID-19 and Green Finance Challenge

The global fintech challenge aims to offer solutions that can help financial institutions grapple with the existential threats posed by COVID-19 and climate change.

News

Accelerating Digital Transformation During the Coronavirus Crisis

Due to the restrictive measures introduced by governments in all of Advans' countries of operation to prevent the spread of COVID-19, many of the branches have had to reduce or suspend services.

News

India: Paytm Deepens Micro-Credit Foray as Other Firms Shy Away

Paytm ties up with Non-bank financial institutions (NBFCs) to use past-transaction data to assign credit limits for loans for daily purchases of grocery, retail goods.

News

Digital Lending Post COVID: How Micro-Credit Holds the Key for Small Merchants, Customers to Bounce Back

Credit and Finance for MSMEs: Digital lending platforms with the principles of financial inclusivity will emerge as the heroes of the financial crisis.

FinDev Blog

Instant Liquidity Support for Mobile Money Agents

Inclusive fintech Flow shares how they have adapted their model to continue providing a much-needed service during the coronavirus crisis.

News

Grameen Foundation, J.P. Morgan Deliver COVID-19 Relief in the Philippines

Supported by J.P. Morgan, the program will provide immediate relief and longer-term recovery support to 3,500 women entrepreneurs running microenterprises.

FinDev Guide

COVID-19 FinDev Weekly Update | 28 May - 3 June 2020

A roundup of the most relevant coronavirus-related news, resources and events from the past week

News

Coronavirus Brings Asia's Booming Online Lending Sector to Juddering Halt

The UK-based company shuttered its India business on 13 April as 10 out of 14 lending partners withdrew their products within three days of the launch of a nationwide lockdown.

News

How Banks Can Work with Fintechs to Meet Evolving Digital Payments Needs

With the backdrop of the global COVID-19 pandemic, the need for new and evolving digital payment services has become even more urgent.

News

India: May Digital Payments See an Uptick, Indicating Revival in Economic Activity

Digital payments saw a revival in May, after the government granted some relaxation during the third and fourth phases of the lockdown.