All News and Announcements

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News

Barq and Mastercard Collaborate to Transform Payment Technology in Saudi Arabia

The partnership aims to empower Barq’s customers through Mastercard Gateway by enhancing the payment acceptance capabilities across the Kingdom of Saudi Arabia.

News

IFC Provides Financing for $200 Million to Banco BICE to Expand Mortgages for Women in Chile

The loan will have a five-year tenor and a three-year grace period, helping Banco BICE increase and diversify its long-term financing to support the housing portfolio growth.

News

IFC Grants Loan to Caja Los Héroes to Promote Financial Inclusion in Chile

This loan aims to strengthen the institution's financial inclusion program, with a specific emphasis on supporting low-income women in Chile.

News

SAMA Licenses Fintech Company Loan to Provide Consumer Microfinance Solutions

With the new licensee, there are now six authorized companies offering consumer microfinance solutions in Saudi Arabia.

News

IrisGuard Partners With Elm to Help Boost Financial Inclusion in the Developing World

The world's first Iris-enabled payment platform and a leading provider of innovative Government digital services collaborate for more efficient, inclusive and trusted distribution social protection payments.

News

SVC Launches New Investment in Fintech VC Funds Product at the Financial Sector Conference 2023

Saudi Venture Capital Company, in partnership with the Capital Market Authority and the Financial Sector Development Program has launched a new product designed to support the growth of the fintech industry in Saudi Arabia.

News

New Mastercard Study Reveals Rapid Shift Toward Digital Payments in Saudi Arabia

Up to 77 percent of consumers in the Kingdom spending more money online since the onset of the pandemic.

News

Saudi Arabian Savings App Hakbah Forms Partnership With Visa

The solution offers customers a convenient and simple method for Savings Groups’ habit.

News

BBVA Microfinance Foundation’s Institutions Establish Measures for the 2.2 Million Entrepreneurs It Serves During the Health Crisis

Aligned with its social purpose and in light of COVID-19’s progress in Latin America, BBVA Microfinance Foundation’s six institutions in five countries in the region have adopted urgent and necessary measures to help its 2.2 million clients cope with this situation.