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Zambian Fintech Startup, Lupiya Receives $1 Million Investment From Engyma Ventures

Microfinance startup Lupiya has received an investment of $1 million from a US Venture Capital fund Enygma Ventures.

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Remittances Dropped by 80 Percent in Yemen

Cash transfers from Yemenis abroad to their country have declined by 80 percent in the first four months of 2020, Oxfam announced on Thursday.

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Coronavirus or Demonetization? Which One Helped India’s Digital Payment More?

The value of transactions on the Unified Payments Interface, a platform created by India’s largest banks in 2016, reached an all-time high last month as people feared to handle banknotes amid the pandemic.

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Sri Lanka: IFC Supports Commercial Bank of Ceylon to Expand Access to Finance for Women and Women-Owned Small Businesses

IFC will support developing more specially-designed products and services for women, as part of a move to help boost access to finance for women.

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COVID-19's Impact on Latin American Online Payment Methods 2020 - Digital Payments Boosted During the Pandemic

Since the outbreak of the COVID-19 pandemic, online purchase transactions have been on the rise in countries including Brazil and Mexico.

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Vancity Loans $740k to Brighter Investment for Education Microfinance in Africa

Brighter Investment Investor Relations Manager Belinda Kuglenu argues that although school closures, rising unemployment rates and falling wages may result in delayed distributions to investors, the outlook for "long-term returns remain strong."

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Savings Groups Cushioning Impact of COVID-19 Pandemic in Zambia

As the world continues to face economic turmoil resulting from the COVID-19, communities in Zambia are turning to informal savings groups to cushion the impact of the pandemic.

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Pandemic Lending Pushes Community Banks Toward Fintech Fixes

A federal stimulus program to combat the recent economic downturn is pushing more community banks to embrace financial technology partnerships.

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The Impact of Coronavirus on Foreign Workers

A Q&A with World Bank economist Dilip Ratha on the job losses and travel restrictions affecting migrants around the world.

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COVID-19 Is Boosting Fintech and Mobile Money in Myanmar, but What’s Next?

Where does Myanmar’s fintech industry stand after its first decade?