All News and Announcements
‘CheGebeya’: An Innovative Digital Supply Chain Financing Initiative for MSMEs in Ethiopia
’Chegebeya’ translated as ’Che Market’ aims to revolutionize the financial ecosystem for Micro, Small, and medium enterprises (MSMEs) in Ethiopia by modernizing the supply chain of Fast-Moving Consumer Goods.
Symbiotics Investments Supports Solar Energy Projects in Vietnam Through a Green Bond With Ecoligo
Symbiotics Investments, the leading market access platform for impact investing, has arranged a $5 million green bond for ecoligo Vietnam, a subsidiary of ecoligo GmbH based in Germany.
Grab Enables In-App Cashless Payments Via Fintech MoMo
The integration of MoMo into the Grab app allows MoMo to expand its services on one of the most popular platforms in Vietnam.
A Vietnam-Based Startup Gimo Raises $17.1 Million to Bridge Financial Inclusion Gap
The investment will be utilized to fast-track the company's expansion plans and drive innovation across its product portfolio.
Launching a Project for Innovative Agent Network Solutions in Ethiopia
UNCDF launches the Cash-in/Cash-Out (CICO) project in Addis Ababa, Ethiopia, bringing together key stakeholders from Ethiopia's banking sector, MNOs, Fintechs, MFIs, development agencies and other digital financial services ecosystem players.
UNCDF Partners With Google to Accelerate the Growth and Resilience of Ethiopia's MSMEs Through Digitalization
Through a strategic partnership, UNCDF and Google aim to digitize micro, small and medium enterprises in the Eastern and Southern Africa Region by providing technical assistance, training, and business advisory support.
IFC Partners With Saigon-Hanoi Commercial Joint Stock Bank to Boost Lending for Vietnam’s Smaller Businesses
IFC is providing a $40 million loan to Saigon-Hanoi Commercial Joint Stock Bank to enable the bank to provide support to local small and medium enterprises, especially women-owned businesses.
Vietnam’s Timo Bank Builds With AWS to Promote Financial Inclusion
The cloud banking platform will help Timo scale its business and acquire 5 million new customers over the next three years.
Vietnamese Fintech Startup Trusting Social Raises $65m Series C
Trusting Social is an AI fintech company aspiring to democratize financial services through AI-based consumer insights and embedded finance.
IFC, LeapFrog Investments and DEG Invest in Vietnam’s HDBank to Help Accelerate Economic Recovery, Expand Lending to Smaller Businesses, and Boost Resiliency of the Banking Sector
Investment will increase access to credit for retail and small and medium enterprises (SMEs) with specific focus on women entrepreneurs.