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Press Release: Visa and the GSMA Mobile for Development Foundation Launch Digital Finance for All Initiative
This five-year initiative aims to advance digital financial inclusion for 20 million individuals, including women, small holder farmers (SHF), and nano, micro and small enterprise (NMSE) owners across low- and middle-income countries in Africa, Asia and Latin America.
- Categories
- Finance, Telecommunications
- Region
- Global
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Press Release: Near East Foundation Launches Siraj Financial Services to Expand Micro and Small Enterprise Financing in Northern Syria
Near East Foundation (NEF) today announced the establishment of Siraj Financial Services (SFS), a new social enterprise operating in Northern Syria.
- Categories
- Social Enterprise
- Region
- North Africa & Near East
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Analysis: Swedfund Invests $5 Million in Bridge Bank Microfinance to Enhance Financial Inclusion in Côte D’Ivoire
BBM has expressed its intention to narrow the market gap by tailoring its offerings specifically to women entrepreneurs and MSMEs led by women.
- Region
- Sub-Saharan Africa
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The Next Frontier in Inclusive Fintech: The Value of Client-Centric Impact Measurement
Fintech is projected to be a $1.5 trillion industry by 2030, and Latin America and the Caribbean is a crucial focal point for the sector. But Carla Grados-Villamar at 60 Decibels points out that while fintechs are boosting financial access in the region, this does not guarantee improved living standards. She discusses how 60 Decibels has helped Galgo, a Chile-based fintech that facilitates financial access through motorcycle loans, to better understand its customers' experiences — and explores how this learning process reveals the importance of client-centric impact measurement in the broader fintech sector.
- Categories
- Finance, Transportation
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Nigeria’s Carbon Buys Vella Finance for AI-Powered Business Banking
Carbon's focus is on providing Nigerians with access to credit in the form of instant loans and a BNPL offering. It also offers savings plans and a debit card.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Bold Raises $50 Million in Series C Funding Round Led by General Atlantic and IFC
Bold was founded in 2019 to serve small and medium-sized businesses (SMBs) with a mission of fostering financial inclusion through the democratization of Colombia's digital economy.
- Categories
- Finance, Technology
- Region
- Latin America
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MTN and JUMO Introduce Qwikloan to Redefine Lending in South Africa
Joe Mucheru, President of JUMO, underscores the impact of partnerships in driving financial inclusion and creating opportunities.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Does Microfinance Spark Economic Growth? A Case Study From Bosnia and Herzegovina
A new study from Effat University challenges long-standing beliefs about the positive impact of microfinance on economic growth.
- Categories
- Finance
- Region
- Europe & Eurasia
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