All News and Announcements
IFC and Nu Colombia Announce Alliance to Promote Financial Inclusion of Venezuelan Migrants in Colombia
The agreement will allow Nu Colombia to build the foundations to launch, in the future, a market strategy that promotes the financial inclusion of this population through access to digital financial services focused on savings accounts.
Visa and GSMA Foundation Launch Financial Inclusion Project
The five-year initiative aims to advance digital financial inclusion for 20 million people, especially women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America.
Symbiotics Investments – Arranged Repack Enables Amundi Asset Management to Invest in BBVA Colombia’s Blue Bond
The issuance of the blue bond gives BBVA Colombia a fresh source of funding to grow their investments in water and marine-related projects.
WOCCU ‘Hub C’ Initiative Allows Credit Unions to Test Digital Innovations
World Council of Credit Unions (WOCCU) yesterday launched a new initiative that allows credit unions in emerging markets to test innovative digital products and solutions that could benefit members and attract new customers.
Digital IDs Support Financial Inclusion in PNG, Govt Services in Cyprus, Bosnia, Barbados
Lack of a formal IDs slows economic growth by limiting who can participate in the formal economy.
USAID Launches Rural Financial Inclusion Program in Guatemala
As part of the program, USAID will provide an initial investment of over $6 million to launch a Feed the Future rural financial inclusion program in Guatemala.
IFC’s First Investment in Banco Atlas to Support SMEs and Women-Led SMEs in Paraguay
The investment will directly support IFC priorities in Paraguay, fostering private investment and competition; encouraging economic formalization through financial resources for local businesses; and directing capital toward solutions that drive gender equality.
Fintechs Transform Banking Landscape in Argentina, Reaching Full Population Coverage
The Argentinian Central Bank recently announced that, with the assistance of non-traditional players such as fintech, the financial system is on the verge of achieving full coverage for the adult population.
Visa and Oxfam America to Explore Bringing Pre-Disaster Financial Support to the Philippines, Kenya, Colombia, and Puerto Rico
Visa recently teamed up with Oxfam America to serve as a payments partner in the Philippines, Columbia, Puerto Rico and Kenya.