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IFC Grants Financing to Arrendamás for $1,000 Million Pesos to Boost SMEs in Mexico

The IFC financing will be aimed at supporting the growth plan of Arrendamás, focusing on increasing both the placement of products, as well as the diversification and quality of its credit portfolio.

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Woccu Gives Global Update on the Key Regulatory Issues for Credit Unions in 2023

Woccu expects financial inclusion to be a priority for the Indian G20 presidency, and for it to be expressed in the Leaders’ Declaration. 

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U Microfinance Bank, Pathfinder Group Join Hands to Extend Digital Financial Services to Customers

The partnership will give the bank an opportunity to expand their digital outreach and bring the unbanked population into the financial ecosystem in an efficient manner.

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Operation HOPE and Fulton Bank Partnership Generates Nearly $1 B in Loans to Low- and Moderate-Income Homebuyers

Fulton Bank has helped facilitate more than $968 million in loans to more than 5,700 homebuyers under the Closing Cost Assistance Program, and that cumulative total is on track to hit $1 billion in loans in 2023

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Kenyan Fintech Kwara Raises $3 Million in Seed Extension

The $3 million seed extension round was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round.

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World Economic Forum: Importance of Compliant Solutions Takes Centrestage in Discussion on Financial Inclusion

The subject gained prominence during an event hosted by UAE based LuLu Financial Holdings and Eastnets in Davos.

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Nubank Secures Loan of up to $150 Million From IFC to Strengthen Its Operation and Expand Access to Financial Services in Colombia

The new loan will increase access to payment systems for Colombians, in addition to promoting greater competition in the industry in favor of consumers. 

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Discover the European Microfinance Week 2022 Session Videos

Delve into the recordings of the hybrid sessions covering key topics such as climate and green finance, social performance, digital financial inclusion, women's financial inclusion, WASH, refugee finance, client protection and more.

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Uzbek Fintech Development Supported Through $20M Line of Finance Agreement

The Line of Finance aims to promote Islamic finance, improve financial inclusion, and support private sector development in Uzbekistan.

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Lexasure Partners With AgriON to Offer Mobile Insurance to Farmers in Indonesia

Under the strategic partnership, Lexasure’s digital insurance offering for farmers, Flourish, will be integrated with the AgriON app, providing easy access to purchase and manage agricultural insurance to provide farmers with greater resiliency against adverse events.