Ant International will enhance the credit management capability and infrastructure efficiency for Dock clients, comprising of financial institutions, retailers, and fintech start-ups.

The loan will have a five-year tenor and a three-year grace period, helping Banco BICE increase and diversify its long-term financing to support the housing portfolio growth.

The company aims to use the new funding to further enhance and expand its product offerings, reinforcing its position as a leader in the Mexican financial sector.

The €1.1m investment in MiCreditoYa from the ABC Fund will enable MiCreditoYa to expand its loan portfolio, potentially adding 2,500 loans to farmers in Nariño onto its loan book over the next two years.

Mobilink Bank is actively promoting climate finance in Pakistan, enabling individual borrowers and SMEs to access financing for solar energy products.

Six students from Colombia and Peru are granted scholarships to cover tuition and academic costs for the young students until they finish their studies.

The fresh capital will be used by Jeff App to continue its aggressive expansion into new markets, with India being the next target. 

The company projects it will process around $400 million in payments this year in the five countries in which it operate.

The fund will support and invest in social entrepreneurs working in the fields of agriculture, financial inclusion, supply chain and mobility, with the aim of solving social issues in India through business.

Axis Bank and Piramal Finance's recent partnership aims to boost financial inclusion for underserved borrowers, facilitate easier access to credit for MSMEs to foster business growth.