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IFC Invests in Sekura to Improve Access to Insurance in Mexico

The co-investment represents IFC's first investment in the insurance brokerage sector and reflects IFC's interest in increasing insurance penetration for Mexican companies alongside a leading player in the market.

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IFC Supports ProducePay to Improve Mexican Farmers' Access to Finance and Global Supply Chains

The investment will help reduce traditional banking costs and improve supply chains boosting financial access, productivity and exports.

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New IFC Initiative Helps Banks in Mexico, Philippines, South Africa, Egypt Scale Climate Finance

The program is designed to increase climate lending by participating banks in Egypt, Mexico, the Philippines, and South Africa to 30 percent of their portfolios by 2030.

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Mexicans in U.S. Sent Record Remittances Despite Covid-19 Pandemic

Unexpected surge in amounts forwarded home shows resilience in U.S. construction and agriculture.

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IFC Is Ready to Invest up to $2 Billion Pesos in ABL Trust Mexico to Promote SMEs Recovery

This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos in the next three to five years.

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Remittances to Mexico Hit Third Highest Level on Record in July

Remittances sent to Mexico, a major support for the Mexican economy and in particular for low-income families, continued its historic 2020 run and rose in July to the third highest level on record.

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United Nations Federal Credit Union Partners With Thunes for Mobile Money Transfers

The collaboration enables UNFCU members to transfer money to mobile wallets in select countries in local currencies.

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IFC Provides $116.5 Million in Financing to BBVA Leasing to Support Small Businesses in Mexico

The transaction will help the company expand its product offerings to small and medium enterprises (SMEs) and is designed to support the economic recovery from the COVID-19 health crisis.

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Galileo Is Going in for the Mexican Fintech Market, Partnering With Klar

Galileo, like many financial businesses from abroad, sees potential in this country’s market.

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Mexican Startup Credijusto Raises $100 Million, Seeks to Boost Loans Amid Coronavirus

Mexican fintech startup Credijusto has raised $100 million in debt from Credit Suisse Group, a move that will help it extend more loans to small and mid-sized businesses as banks gauge how to respond to the impact of coronavirus.