The product which was developed by the Pacific Insurance and Climate Adaptation Programme, will be piloted in Samoa over the next 12 months.

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

International Finance Corporation will invest up to $4 million equivalent in Samoan Tala to boost access to finance for small and medium enterprises particularly women-led businesses and SMEs focused on agriculture.

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.

The new national digital payment platform, the Samoa Automated Transfer System (SATS), is expected to increase access to the financial system for all Samoans.

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.

Microfinance-supported entrepreneurs have exhibited the same resourcefulness that has characterized many other small businesses during the pandemic. At the same time, they face a variety of ongoing challenges.

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

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