Oikocredit Co-Leads a $39 Million Investment in Altum Credo to Promote Affordable Housing Finance
Oikocredit, alongside Z3 Partners and with the participation of British International Investment, has led a $39 million equity investment in Altum Credo to bolster affordable housing finance in India.
Microfinance Provider Sindhuja Microcredit Raises $14.5 Million From GAWA Capital, Oikocredit
The capital will be used in funding expansion to new geographies and existing ones along with new product lines.
Four Rural Fintechs Fostering Financial Inclusion in India
In India, rural fintech emerges as a compelling solution, leveraging technology to extend financial inclusion to the country’s vast rural population.
EBRD And Green Climate Fund Join Forces to Boost Climate Finance In Jordan
The investment aims to allocate the loan proceeds towards climate change mitigation and adaptation technologies, focusing on local MSMEs, including women-led enterprises.
India Tops Global Remittances at $125 Billion in 2023: A Comprehensive Insight
The $125 billion influx signifies the unwavering commitment and support of the Indian diaspora to their families and communities.
Mahindra Finance & IBM Collaborate to Drive Financial Inclusion With Super App
This app will enable consumers from both metropolitan and non-metropolitan areas to have continuous digital access to avail and manage products & solutions in a secure, streamlined, and simple manner.
Google Plans to Join India’s BFSI to Fuel Financial Digital Journey
This partnership encompasses AI integration, SME solutions, enhancing online safety, fostering local collaborations, and more. Google Pay’s introduction in response to the government’s invitation strengthened financial inclusion.
Bringing Agent Banking to Rural Women’s Self-Help Groups in India
While the spread of agent networks throughout rural India has helped bring banking to many people’s doorsteps, this type of service was inaccessible for informal groups until the recent spread of a new technical solution called Dual Authentication.
AISECT’s Financial Inclusion Division Partners With Major Banks Including SBI
Through this partnership, a total of new 666 SBI banking kiosks have been established, each one placed to strategically provide accessible banking services to underserved regions across India.
Symbiotics Investments Fosters Education in India Through an Education-Focused Social Bond With Varthana
Varthana finances affordable private schools and students with affordable school and student loans, customized to enable schools and students to unlock their full potential.