The digital wallet promises to reduce remittance fees for underbanked employees in the UAE by enabling transfers to up to five people for the price of one.

The Female Entrepreneurship Fund is a specialized investment vehicle that channels resources from institutional investors to support women entrepreneurs in the Central American Integration System (Sica) region.

Join financial inclusion leaders from around the globe to accelerate HER economy!

The partnership will see the launch of two unique card products designed to meet the growing needs of businesses and underbanked individuals, supported by a feature-rich digital app powered by Mastercard’s secure, contactless payment technology.

The Belize Bank Limited—along with a fintech solutions provider, Wallet Factory—are the first in the region to launch a digital wallet app providing access to online banking services for Belizean customers.

Banks can draw on the facility to provide new loans and financing to individuals, small and medium-sized enterprises, and other private corporates affected by the virus fallout.

The mission of the collaboration lies in the improvement of financial services in the Central American and Caribbean regions.