The partnership enables Airtel Money’s 19 million customers to receive MoneyGram transfers directly into their mobile wallets from around the world.
Digital payment software and solutions firm ACI Worldwide will be working with Sri Lanka’s National Savings Bank to implement a new solution for mitigating fraud.
Like microlenders in other parts of the world, the company aims to democratize access to modern financial services, in order to promote financial inclusion.
EIB Lends $12M to Credo Bank for Microfinance in Rural Georgia to Offset Effects of COVID-19 on Food Production
Credo will use the funds to on-lend primarily as working capital for people living in rural areas, with the aim of lessening the impacts COVID-19 has had on food production and the country’s agricultural sector.
In a rare instance of COVID-19 helping a country’ s economy, Pakistan saw a significant uptick in remittances from nationals working overseas in July.
More than an estimated 5,000 women are expected to directly benefit from a new initiative led by Ghazanfar Bank, one of Afghanistan’s leading commercial banks.
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