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New IFC Survey Reveals A Third of Workers in Bangladesh’s Micro, Small and Medium Enterprises Now Jobless in wake of COVID-19 Impacts

A staggering 37 percent of workers in Bangladesh’s micro, small and medium enterprises lost their jobs, either temporarily or permanently, in the space of one month, with 94 percent of MSMEs experiencing a sharp drop sales due to the impact of COVID-19.

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IFC Is Ready to Invest up to $2 Billion Pesos in ABL Trust Mexico to Promote SMEs Recovery

This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.

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Women’s World Banking to Host Making Finance Work for Women Virtual Summit

Exploring Covid-19’s impact on women’s economic empowerment and building resilience through equitable and inclusive financial systems.

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Cross-Border, Digital Payments Drive Payment Rail Innovation

dLocal is growing its payment network to include three countries in Central America and the Caribbean, while SafetyPay has collaborated with Latin America’s Rappi.

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IFC Supports Banco Agromercantil, BAM to Expand Financing for SMEs Affected by COVID-19, Helping Economic Recovery in Guatemala

More than 1000 micro, small, and medium enterprises (MSMEs) in Guatemala will have improved access to finance, as a result of a partnership between IFC and Banco Agromercantil.

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Global FinTech Platform Nium Announces Expansion of Remittance Routes for E9pay Customers

E9pay aims to leverage Nium's extensive payments network to boost its B2B remittance offering

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Four New SCBF Members

The Swiss Capacity Building Facility (SCBF) is very excited to announce 1to4 Foundation, Clarmondial, iGravity, and Seedstars to the SCBF family.

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Fintech Will Lead the Charge in the Post-COVID-19 Recovery

Fintech companies will remain profitable and offer SME’s better opportunities to grow following the economic downturn, says new report.

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Rapid Innovation: How Fintechs are Adapting Under COVID-19

New survey data co-funded by SCBF shows how inclusive fintechs are adapting to the COVID-19 pandemic.

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Remittances in the Time of Pandemic

Remittance inflow to South Asian countries indeed fell during the peak of the global pandemic.