All News and Announcements

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News

Egypt-Based Fintech MNT-Halan Acquires Advans Pakistan Microfinance Bank

Advans Pakistan Microfinance Bank Limited, the target of the acquisition, represents the Pakistani branch of the renowned Advans Group, a leading international microfinance group with operations spanning nine developing countries.

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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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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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Visa and GSMA Foundation Launch Financial Inclusion Project

The five-year initiative aims to advance digital financial inclusion for 20 million people, especially women, small holder farmers, and nano, micro and small enterprise owners across low- and middle-income countries in Africa, Asia and Latin America.

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Ericsson, Telenor Microfinance Bank Strengthen Partnership to Propel Easypaisa Financial Services

Ericsson and Telenor Microfinance Bank have signed a multi-year extension of their partnership to propel easypaisa’s financial services offerings and expand the horizon of their service portfolio within the fintech sector in Pakistan.

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India Tops Global Remittances at $125 Billion in 2023: A Comprehensive Insight

The $125 billion influx signifies the unwavering commitment and support of the Indian diaspora to their families and communities.

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Mahindra Finance & IBM Collaborate to Drive Financial Inclusion With Super App

This app will enable consumers from both metropolitan and non-metropolitan areas to have continuous digital access to avail and manage products & solutions in a secure, streamlined, and simple manner.

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IFC’s $56-Million Investment in Global IME Bank to Bolster Gender and Climate Financing in Nepal

The aim of the investment is to boost competitiveness in the small and medium enterprise finance market while also improving financial inclusion, creating jobs, and supporting the nation's climate goals. 

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USAID Signs Agreement to Support the Expansion of Union Bank’s Women-Focused Financial Services

This impactful collaboration will promote financial inclusion by addressing the specific needs of female customers in the banking sector through in-depth market research, a robust Customer Value Proposition, and strategic linkages with Sri Lankan women and women-owned Small and Medium Enterprises.

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Bangladesh Wins Global Center on Adaptation Award for Local Climate Leadership at COP28

During the COP28 climate conference held in Dubai, Bangladesh has secured the Global Center on Adaptation Locally Led Adaptation championship Award in the category of Innovation in Developing Finance.