The EUR 275-million platform in Poland will help financial institutions resolve their non-performing loans, allowing individuals and businesses to restore their creditworthiness, and bolstering the country's banking sector.

Africa-focused fintech platform PalmPay has unveiled two cost-saving financial products in its continued drive for financial inclusion across Nigerian communities allowing users of the app to enjoy unlimited free transfers to all banks in the country.

Latin American ministers and experts on women and development have shared solutions to speed up gender equality in an event organized by the BBVA Microfinance Foundation.

The European Microfinance Platform is inviting applications from organizations active in financial inclusion that help forcibly displaced people build resilience, restore livelihoods, and live with dignity in host communities.

Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System, that includes digital bank accounts and accounting integration tools.

The newly established Secured Transactions Registry aims to facilitate the use of moveable assets as collateral for loans while ensuring financial stability and fostering economic growth in Sri Lanka.

Visa will deliver this new capability to Western Union using its Visa Direct solution, which will be eligible in 40 countries across five regions. 

This week IFAD launched  the Platform for Remittances, Investment and Migrants’ Entrepreneurship (PRIME) Central Asia Initiative in Kazakhstan, the Kyrgyz Republic, Tajikistan, and Uzbekistan.

What “Investing in Women” means in a practical sense involves capabilities around deploying gender-lensed investment tools in real economies to advance women’s economic empowerment, notably in the world’s most challenging geographies.