The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are urging labor and employer sector leaders to transition to digital wage payments, highlighting the benefits of safe and efficient payroll solutions.

Looking at the client base of OnePuhunan, most women entrepreneurs are active in the trading sector, such as sari-sari stores and small grocery stores.

The strategic alliance aims to strengthen the platform in the rapidly evolving consumer finance market in the Philippines.

Following its latest investment, Mynt is now worth an impressive $5 billion, more than doubling its $2 billion valuation from the last funding round in 2021.

Mobilink Bank is actively promoting climate finance in Pakistan, enabling individual borrowers and SMEs to access financing for solar energy products.

This concern is not new; the microfinance sector has been grappling with severe challenges for a couple of years. 

The visit from 21-23 May 2024 will focus on advancing key foundational building blocks for financial inclusion—including connectivity, digital identification, and digital payments—as well as enhancing financial health and resilience against economic and climate-related challenges for Filipinos. 

Fintech company Tala announced its partnership with Maya Bank, the digital bank leader in the Philippines, marking a significant milestone towards bridging the financial gap for millions of Filipinos.

Since adopting the UN Sustainable Development Goals as part of its sustainability framework in 2010, BDO has reported that 66 percent of its micro, small, and medium enterprises clients for BDONB are women-owned as of 2022.

Advans Pakistan Microfinance Bank Limited, the target of the acquisition, represents the Pakistani branch of the renowned Advans Group, a leading international microfinance group with operations spanning nine developing countries.