All News and Announcements
Registration for European Microfinance Week 2024 Is Now Open!
You are invited to attend the in-person conference in Luxembourg, but for those who can’t travel, many of the sessions will be accessible online.
Climate Finance From Multilateral Banks up to $125 Billion in 2023
Global climate finance from multilateral development banks grew by 25 percent in 2023 to a record $125 billion, according to a report on Friday, with the fastest growth coming in richer countries.
Parabank Launches Credit Offering for People With Disabilities
Parabank, the world’s first digital bank focused on people with disabilities, is now launching credit and prepaid cards with a variety of benefits, including partnerships with rehabilitation clinics, a marketplace with products and services and access to investment services.
AFG Holding SA Aquires Access Microfinance Holding AG
This strategic move supports AccessHolding's mission of financial inclusion, with AFG’s expertise in digital services enriching their offering.
Uncap Launches €30 Million Fund to Drive Early-Stage SME Growth in Africa
This new fund is a significant step forward in Uncap's mission to support high-potential businesses driving economic growth in critical sectors such as agriculture, trade, logistics, climate resilience, and financial inclusion.
FPC Releases Guideline for Financial Institutions on Instant Payments
The US Faster Payments Council has released ‘Operational Considerations for Receiving Instant Payments’, a guideline for financial institutions on instant payments, including RTP and FedNow.
BBVA Microfinance Foundation, Finalist in the Global SME Finance 2024 Awards
Divided into four categories — SME Financier of the Year, Best Financier for Women Entrepreneurs, Product Innovation of the Year, and Sustainable Bond of the Year — this recognition acknowledges the impact of financial institutions that empower small and medium-sized enterprises’ (SMEs) inclusion and facilitate their access to products and services.
Krom Bank Accelerates Financial Inclusion in Indonesia With AWS Cloud
Through the use of AWS cloud services, Krom Bank aims to reach these populations by offering secure and user-friendly digital banking services that empower individuals with better financial management tools.
Mastercard and RISE Mark Significant Progress in Wage Digitalization Project, Reaching 24,000 Garment Workers Across Egypt
The Mastercard Center for Inclusive Growth and RISE announce significant progress of their joint wage digitalization project in Egypt, which aims to enhance financial inclusion and resilience among garment workers.
EBRD and Consortium of Investors Acquire Egypt’s Tamweely Microfinance
The acquisition will support Tamweely’s domestic growth strategy and boost its competitiveness and resilience, enabling it to become one of the country’s leading microfinance providers.