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Press Release: Novata and GIIN Partner to Simplify Impact Metric Collection for Investors
This move enables fund managers to collect, manage and analyze standardized impact data from companies.
- Categories
- Investing, Technology
- Region
- Global
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Yunus Was Wrong — Savings, Not Credit, is a Human Right: Here’s How the Financial Inclusion Sector Can Shift its Focus
After playing a key role in the early development of the microfinance sector, Jeffrey Ashe went to Bosnia in the mid-1990s to consult on a new microfinance project. In those days, microcredit was widely viewed as a silver bullet that could end poverty, but while working in Bosnia, he learned that informal savings groups were already providing an effective alternative to formal loans in the local community. Ashe has spent the subsequent decades studying and supporting savings groups in countries around the world. He shares research that illuminates these groups' vast global impact, and argues that they could achieve far more if the financial inclusion sector supported them.
- Categories
- Finance
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Press Release: IFC’s Base of the Pyramid Platform Provides $1 Billion to Expand Access to Finance for Small Businesses
Projects under the BOP platform are expected to help client financial institutions grow their loan portfolios from 5.5 million to 7.9 million loans to MSMEs.
- Categories
- Finance
- Region
- Global
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Kenya’s Lipa Later Partners with Mastercard to Drive Buy Now, Pay Later Solutions in Africa
The strategic partnership with Mastercard aims to unlock new opportunities for consumers and merchants by providing tailored BNPL solutions and enhanced payment capabilities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India supports African Development Bank’s Digital Financial Inclusion Drive in Africa with $2 Million Donation
The financial commitment for digital public infrastructure will leverage the lives of millions of unbanked and underserved Africans.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Vistaar Finance to Raise $50 Million in Debt Financing from US DFC
DFC’s support is expected to assist Vistaar in expanding its secured MSME lending portfolio in India.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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Remedial Health Raises $12 Million to Deliver Financial Services for Neighborhood Pharmacies in Nigeria
Across Africa, 85 percent of retail medicine purchases happen at micro-enterprises, typically neighborhood pharmacies.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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Rapyd’s $610 Million Deal for PayU Will Assist Its Global Expansion
When the acquisition completes, the newly combined business will be active in over 100 countries with more than 250,000 merchant clients.
- Categories
- Finance, Technology
- Region
- Global
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