Showing 1 - 10 of 77
News

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.

News

Brazil: Nubank Partners With SoftBank-Backed Lending Fintech Creditas

Creditas’ products and services will be available on Nubank’s app in Brazil by the end of this year.

News

El Salvador Bitcoin Transfers Soar, but Still a Fraction of Dollar Remittances

Small transfers of bitcoin to El Salvador jumped over four-fold in May from a year ago but still represent a small amount when compared to remittances sent in dollars.

News

Latin America and the Caribbean Leaders Look to Digital & Women for Sustainable Recovery

High-level representatives from Latin America and the Caribbean noted that digital means continued to offer alternative modes for countries to achieve their financial inclusion goals and reach worst-impacted groups.

News

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.

News

IFC, Banco Daycoval Support Smaller Businesses, Including Those Owned by Women, in Brazil

The financing package consists of $130 million from IFC's own-account and a $270 million syndicated loan from a group of 10 banks.

News

Belize Bank, Wallet Factory Partner to Launch Digital Wallet E-Kyash

The mission of the collaboration lies in the improvement of financial services in the Central American and Caribbean regions.

News

Jamaica Plans to Launch Central Bank Digital Currency in 2022

The government views the accelerated transition to a digital society and economy as vital to economic recovery following the COVID-19 pandemic. 

News

Brazil-Based Mobile Payments Platform RecargaPay Attracts $70 Million

RecargaPay is a mobile payments platform and wallet for Brazil that is focused on simplifying everyday payments for banked and unbanked consumers in Brazil.

News

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.