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 aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals. 

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

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

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.

The investment in the nation's recovering financial sector is part of a wider SME strategy, which aims to help spur a greater range of financial products and services such as psychometric scoring solutions and payment systems reforms.

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

The credit aims to strengthen financial sector stability, diversify financial solutions, and increase access to financial services in support of Nepal's green, resilient, and inclusive development.

This collaboration will enable the last-mile consumers in Nepal to reap the benefits of an open interoperable payments system driving immediate payment transfers between bank accounts and merchant payments in real-time.