All News and Announcements
Mexican Unicorn Stori Raises $212M to Enhance Financial Inclusion Across Latin America
The company aims to use the new funding to further enhance and expand its product offerings, reinforcing its position as a leader in the Mexican financial sector.
Colombian Microfinance Firm MiCreditoYa Microfinanciera SAS Welcomes €1.1M Investment
The €1.1m investment in MiCreditoYa from the ABC Fund will enable MiCreditoYa to expand its loan portfolio, potentially adding 2,500 loans to farmers in Nariño onto its loan book over the next two years.
GCash: Becoming the Philippines’ Leading Financial Super App
Following its latest investment, Mynt is now worth an impressive $5 billion, more than doubling its $2 billion valuation from the last funding round in 2021.
Indonesia's OJK Boosts Financial Inclusion in Rural Areas
The Inclusive Financial Ecosystem program has been implemented in 44 rural areas by involving the Regional Financial Access Acceleration Team (TPAKD) and financial service institutions.
IFC Invests $150 Million in TBC Bank to Boost SME and Climate Financing in Georgia
IFC's financing is expected to help TBC Bank further grow its SME and climate finance portfolios. In addition, the project will help strengthen Georgia's climate finance market by promoting best practices in sustainable lending.
Sudan Central Bank Raises Microfinance Ceilings, Bans Accounts of 157 Exporters
The move aims to boost financial inclusion and support small businesses.
Microfinance Solar Loans: For Pakistan, This Can Be a Sustainable Road Ahead
Mobilink Bank is actively promoting climate finance in Pakistan, enabling individual borrowers and SMEs to access financing for solar energy products.
Libyan Central Bank Approves Eight Initiatives to Bolster Financial Inclusion
The eight initiatives include developing financial services for all segments of society through financial technology and digital transformation, instant payments, open banking, developing the national distributor, and preparing controls regulating this field in accordance with best practices.
CARE Signs the Women Entrepreneurs Finance Initiative’s “WE Finance Code”
By joining, CARE commits to championing women-led businesses and working to eliminate financing gaps for women entrepreneurs.
Panel Discusses Findings of WOCCU Study on Financial Inclusion for Migrants and Refugees
Published in June, the report looks at the role credit unions play in supporting migrants and refugees in four countries: Brazil, Ecuador, Poland and the United States.