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Press Release: Global Financial Inclusion Initiative Expands to Collect Over 1 Million Unique Data Points in 2023
Now in its second year, the 2023 Microfinance Index will survey 30,000+ microfinance clients in 30 countries focusing specifically on clients in Cambodia, India, Indonesia, Uganda, and Ecuador.
- Categories
- Finance, Impact Assessment
- Region
- Global
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A Report by Bill Gate’s Foundations Shows Nigeria’s Impressive Mobile Money Performance
The Bill & Belinda Gates Foundation helped the GSM Association (GSMA) put up the State of the Industry on Mobile Money Report 2023.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Ecuador Will Receive $300 Million From the World Bank to Finance Loans to Micro, Small and Medium-Sized Enterprises
The new resources will be used to increase the number of loans, beneficiaries and impact on micro, small and medium-sized enterprises (MSMEs).
- Categories
- Investing
- Region
- Latin America
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Press Release: Mobile Money Exceeds Industry Expectations, Reaching a Transaction Value of 1.26 USD Trillion in 2022
The GSMA's State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected.
- Categories
- Technology, Telecommunications
- Region
- Global
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Report: Africa Likely to Leapfrog Leading Fintech Regions if It Adopts New Technologies
The report notes that while cash is “still king” in Africa, fintech startups are ideally positioned to solve the continent’s financial exclusion woes.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
- Tags
- data, financial inclusion, fintech, startups
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Indonesia’s Evermos Raises $39 Million Funding Led by IFC to Fuel Business Expansion
Evermos said it will channel this latest funding towards strengthening its reseller network.
- Categories
- Investing
- Region
- South Asia
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Dispute Between Nigerian Banks and Telcos Over $260 Million USSD Debt Threatens Financial Inclusion
The clash between Nigeria’s banks and telcos over accumulated debts for USSD services risks disrupting essential mobile money services for millions of Nigerians.
- Categories
- Finance, Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific