This joint initiative helps credit unions and community development finance institutions to offer their products to a wider audience, increasing competitiveness and promoting financial inclusion.

Network International the leading enabler of digital commerce across the Middle East and Africa region, has renewed its partnership with one of Nigeria’s largest financial service providers, Polaris Bank Limited, to deepen financial inclusion and digital transformation.

Commonwealth and JPMorgan Chase have announced the next phase of their collaboration to address the challenges and opportunities that emerging technologies present for advancing financial inclusion of US workers earning low and moderate incomes.

MICT, Inc. and Visa (NYSE: V) have announced the launch of their pan-African strategic partnership, which aims to improve access to digital payments and financial services, and drive financial inclusion across Africa.

The partnership is leveraging digitization in the financial sector accelerated by the pandemic to create unique, Africa-specific products that will increase access of credit to the underbanked across the continent.

The partnership will see the two organizations join forces to empower women and support their role in societal and economic development, and to enhance their skills, particularly in the areas of investment, savings, and financial literacy.

This strategic venture aims to empower the people of Pakistan with a financial solution that is secure, unique and ensures inclusion in the unbanked sector of Pakistan.

The collaboration will see Development Finance Corporation support potential investments of up to $50 million in organizations within the Mastercard Community Pass network.

A recent joint study from the Cambridge Centre for Alternative Finance at the University of Cambridge and World Bank found that the financial regulators are prioritizing fintech business models to contribute to financial inclusion and boost local economies.

This first of its kind announcement between Bangladesh’s first digital-only microfinance provider and UK fintech will enable Bangladesh’s app-based entrepreneurs to access the credit they need to purchase goods to enable them to carry out their jobs.