All News and Announcements

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News

Palmpay Drives Financial Inclusion With Cost-Saving Benefits for Users

Africa-focused fintech platform PalmPay has unveiled two cost-saving financial products in its continued drive for financial inclusion across Nigerian communities allowing users of the app to enjoy unlimited free transfers to all banks in the country.

News

South Africa's Sava and Mastercard Partner to Support Small, Medium, and Micro Enterprises

Through the partnership, the two entities will provide small businesses in South Africa, Nigeria, Kenya, and Egypt with an online platform, powered by SAVA’s Payment Transaction System, that includes digital bank accounts and accounting integration tools.

News

Swedfund Invests $5 Million in Bridge Bank Microfinance to Enhance Financial Inclusion in Côte D’Ivoire

The investment aims to strengthen financial assistance for micro, small and medium scale enterprises (MSMEs), particularly those owned by women in Côte D’Ivoire.

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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.

News

TerraPay Joins Forces With Diamond Trust Bank Uganda, to Simplify Global Money Transfers in Uganda

This partnership is poised to significantly narrow the financial inclusion gap, streamlining the processes of money transfer, savings, and credit accessibility for individuals.

News

Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance

The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses.

News

BRAC International: Empowering Women in Liberia Through Microfinance and Beyond

BRAC International has recently expanded its microfinance operations in Liberia, marking a significant milestone in its mission to empower women in rural and remote areas.

News

Crendly’s Character-Based AI Revolutionizes Access to Finance in Nigeria

The AI-driven nature of Crendly’s API will extend new capabilities to financial institutions by adapting and growing with new data to allow them transcend traditional boundaries in credit provision.

News

Blockchain Firm Jia Records $2M in Microfinance Originations in the Philippines, Kenya

Blockchain plays a pivotal role in the success of this microfinancing model, from transparency, security, and efficiency to serving as a strategic tool in capital markets and global financial inclusion.

News

Climate Finance: Fintech Nithio Raises $10 Million for Its African Operations

The $10 million funding will enable Nithio to extend its financing to distributors of solar home systems and solar appliances for productive use, such as lighting, communication, irrigation and cooling systems for households and businesses.