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How Can the Financial Inclusion Sector Serve the World’s Growing Number of Refugees and Forcibly Displaced People?
There were over 108 million people worldwide estimated to be forcibly displaced as of 2022. Sam Mendelson, Fernando Naranjo and Daniel Rozas at e-MFP argue that the financial inclusion sector can and should play an important role in addressing the challenges of forced displacement. They explore how financial service providers and other stakeholders can better serve these communities, and announce the launch of the European Microfinance Award 2024, which will focus on “Advancing Financial Inclusion for Refugees & Forcibly Displaced People.”
- Categories
- Finance
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Brazilian Fintech CloudWalk Reports $320.5 Million in Revenue and $22.3 Million in Profits in 2023 as it Prepares for U.S. Launch
Brazilian fintech pioneer and creator of the InfinitePay brand, today announced that it achieved total revenue of $320.5 million in 2023, a 41% increase year-over-year.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: MicroVest Launches New Framework for Portfolio Impact Management
MicroVest is a registered investment adviser specializing in the allocation of private debt to financial institutions that finance underserved micro-, small, and medium-sized enterprises (MSMEs) in emerging markets.
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- Finance
- Region
- Global
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MTN Aims to Double its Mobile Money Lending in Uganda to Shs1 Trillion This Year
MTN says it will this year double mobile money lending from Shs550b to more than Shs1 trillion.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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How African Companies Are Solving the Continent’s Solar Finance Problem
While solar adoption is soaring in wealthier regions, it remains startlingly low in Africa. As of 2022, only about 13 gigawatts of solar capacity had been installed across the entire continent.
- Categories
- Energy, Finance, Technology
- Region
- Sub-Saharan Africa
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Press Release: Report: New Data Show Massive, Wider-than-Expected Global Gender Gap
The global gender gap for women in the workplace is far wider than previously thought, a groundbreaking new World Bank Group report shows.
- Categories
- Finance
- Region
- Global
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As Nobel Laureate Yunus Skirts Jail in Bangladesh, Fears for His Future
The pioneer of microfinance now faces scores of legal charges, but his supporters say they're part of a campaign of political intimidation and harassment.
- Categories
- Finance, Social Enterprise
- Region
- Asia Pacific
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Nigerian Startup Bfree Secures $3 Million Funding to Facilitate Ethical Debt Recovery for Lenders
Bfree, a Nigerian startup specializing in debt collection, was established with the aim of automating and instituting ethical processes for debt recovery.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- lending