The National Bank of Samoa (nbs) is developing a suite of new banking products that would benefit women entrepreneurs and improve remittances in Samoa with the support of IFC and the New Zealand Government.

Symbiotics Investments, the leading market access platform for impact investing, has arranged a $5 million green bond for ecoligo Vietnam, a subsidiary of ecoligo GmbH based in Germany.

The integration of MoMo into the Grab app allows MoMo to expand its services on one of the most popular platforms in Vietnam.

The product which was developed by the Pacific Insurance and Climate Adaptation Programme, will be piloted in Samoa over the next 12 months.

The investment will be utilized to fast-track the company's expansion plans and drive innovation across its product portfolio.

International Finance Corporation will invest up to $4 million equivalent in Samoan Tala to boost access to finance for small and medium enterprises particularly women-led businesses and SMEs focused on agriculture.

The new national digital payment platform, the Samoa Automated Transfer System (SATS), is expected to increase access to the financial system for all Samoans.

IFC is providing a $40 million loan to Saigon-Hanoi Commercial Joint Stock Bank to enable the bank to provide support to local small and medium enterprises, especially women-owned businesses.

The cloud banking platform will help Timo scale its business and acquire 5 million new customers over the next three years.

Trusting Social is an AI fintech company aspiring to democratize financial services through AI-based consumer insights and embedded finance.