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News

South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises

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.

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New Secured Transactions Registry to Help Expand Financing for Small Businesses in Sri Lanka

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.

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Visa & Western Union Collaborate for Cross-Border Transfers

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

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EU and IFAD Launch New Initiative to Strengthen Financial Inclusion by Boosting Digital Remittances in Central Asia

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

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Invest in Women: UNCDF's Gender Strategy 2022-2025

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.

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WOCCU International Advocacy Demonstrates Global Financial Inclusion Reach of Credit Unions at GAC

In a session during America’s Credit Unions’ 2024 Governmental Affairs Conference, WOCCU's International Advocacy showed how credit unions are expanding financial inclusion in innovative ways to reach underserved communities globally.

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PayPal Extends Payment Options for Online SMEs With New Solution

PayPal is introducing a new offering that will enable small and medium-sized enterprises (SMEs) to accept a wider range of payments online.

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Four Rural Fintechs Fostering Financial Inclusion in India

In India, rural fintech emerges as a compelling solution, leveraging technology to extend financial inclusion to the country’s vast rural population.

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Microcredit Helps Ukrainian Refugees Start Businesses in Georgia

Since launching in 2022, the program for Ukrainians, which includes business mentoring services in addition to micro-finance, has helped over 30 Ukrainian entrepreneurs to support themselves and other refugees.