Haiti's Bank of the Republic is reducing the credit risk of microfinance institutions that will further enable financial institutions to provide more microloans to the small businesses and individuals as the nation examines various long-term recovery options.
Under this partnership, Orange will deploy Ericsson's Mobile Financial Services solution - Ericsson Wallet Platform - across fourteen of the countries in the region where Orange Money is available, starting with Senegal.
The Belize Bank Limited—along with a fintech solutions provider, Wallet Factory—are the first in the region to launch a digital wallet app providing access to online banking services for Belizean customers.
Bangko Sentral ng Pilipinas and French Agency Tie up to Boost Financial Inclusion in the Philippines
The grant from the French Development Agency is expected to enhance the BSP’s initiatives to empower marginalized sectors in the Philippines by providing them access to financial products and services.
PaygOps Supports Last-Mile Distributors’ Scalability With a Disruptive Receivables Finance Mechanism
Eventually, this project aims at supporting last-mile distributors scaling their operations and providing investors with data transparency and standard formats to unleash new investment opportunities.
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.
The step is part of the Central Bank of Egypt’s (CBE) initiative to promote financial inclusion for farmers, on the occasion of Egyptian Farmer’s Day.
Under the program, the company's flagship fund, the BlueOrchard Microfinance Fund, will invest in selected microfinance institutions and banks.
With this partnership, Advans will accelerate its impact and reach out to more clients in its markets through its ability to provide client-centric digital financial services to its clients sustainably and responsibly.