All News and Announcements
Banco W Issuing $40M “Social Bond,” Funded by IDB Invest to Promote Gender Equity in Colombia via Microfinance
The funds are slated to reach 25,000 female-led microenterprises and support the “development of the capital markets and thematic bonds in Colombia.”
IDB Group Analyzes Financial Inclusion in Times of COVID-19
On November 16, IDB Lab will bring together experts on the state of financial inclusion in a scenario strongly marked by the disruptions caused by the health emergency.
IFC and AIA Sri Lanka Partner to Increase Sri Lankan Women's Access to Insurance, Create More Jobs
Under the agreement, IFC will help AIA Sri Lanka develop a women's insurance program strategy and suitable products for Sri Lankan women.
Indians’ Access to Mobile Money Jumps 17-Fold in Four Years: IMF
IMF’s financial access survey for 2020 said the number of registered mobile money accounts per thousand adults jumped from 73 in 2015 to 1,265 in 2019.
Users Can Now Send Money Through WhatsApp in India’s Massive Digital Payments Market
Facebook-owned messaging service WhatsApp will let users in India send money through the app starting Friday provided that they have a bank account and debit card in India.
Singapore’s Buy Now Pay Later Firm Hoolah to Expand Operations Into Asian Markets
hoolah, a two-year-old Fintech startup offering Buy Now, Pay Later (BNPL) payment solutions, confirmed that it is moving forward with its plans to expand into Asian markets.
The Pandemic Is Spurring Fintech Regulation Across the Globe
Fintechs that adequately handle this increasing regulatory oversight will demonstrate their maturity.
COVID-19: Remittance Flows to Shrink 14 Percent by 2021
Remittance flows to low and middle-income countries are projected to fall by 7 percent, to $508 billion in 2020, followed by a further decline of 7.5 percent, to $470 billion in 2021.
EFSE and BasisBank to Provide Crucial Financing to Georgia’s Small Businesses
EUR 4.2 million to help sustain micro and small enterprises during difficult environment of COVID-19 crisis.
Private Asset Impact Fund Ecosystem Worth Over $30 Billion
Symbiotics publishes its inaugural global impact fund survey, merging its historical microfinance investment vehicle survey, started with the CGAP in 2007, and its private debt impact fund survey, started with the Global Impact Investing Network in 2018.