The Mastercard Center for Inclusive Growth and RISE announce significant progress of their joint wage digitalization project in Egypt, which aims to enhance financial inclusion and resilience among garment workers.

The acquisition will support Tamweely’s domestic growth strategy and boost its competitiveness and resilience, enabling it to become one of the country’s leading microfinance providers.

The Bangko Sentral ng Pilipinas (BSP) and the Department of Labor and Employment (DOLE) are urging labor and employer sector leaders to transition to digital wage payments, highlighting the benefits of safe and efficient payroll solutions.

Looking at the client base of OnePuhunan, most women entrepreneurs are active in the trading sector, such as sari-sari stores and small grocery stores.

The strategic alliance aims to strengthen the platform in the rapidly evolving consumer finance market in the Philippines.

The initiative aims to raise awareness among young people about digital literacy, enhance digital financial inclusion, and encourage youth to join the financial sector and benefit from banking products and services. 

Following its latest investment, Mynt is now worth an impressive $5 billion, more than doubling its $2 billion valuation from the last funding round in 2021.

The South African Reserve Bank (SARB) has unveiled an ambitious roadmap that seeks to usher in a cashless era, prioritizing financial inclusion and economic growth.

The visit from 21-23 May 2024 will focus on advancing key foundational building blocks for financial inclusion—including connectivity, digital identification, and digital payments—as well as enhancing financial health and resilience against economic and climate-related challenges for Filipinos. 

Fintech company Tala announced its partnership with Maya Bank, the digital bank leader in the Philippines, marking a significant milestone towards bridging the financial gap for millions of Filipinos.