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Press Release: IFC and Interbank Partner to Boost Trade and Strengthen Trade Finance in Burundi
Interbank Burundi has joined IFC's Global Trade Finance Program (GTFP) to support the growth of trade finance, counter foreign exchange shortages and support regional trade.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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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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Trébol Secures $3 Million to Help Banks and Lenders in Latin America Automate the Verification Process for Businesses
The funding will help modernize how companies in Latin America are onboarded.
- Categories
- Finance, Technology
- Region
- Latin America
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Press Release: QED Investors Closes Nearly $1 Billion in New Funds
Fund VIII will Invest in Early Stage Businesses; Growth II for Later-Stage Fintechs.
- Categories
- Finance, Technology
- Region
- Global
- Tags
- fintech, lending, remittances, scale, startups
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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
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Analysis: Why a Major IFC Solar Initiative Failed to Scale in Africa
Scaling Solar sought to address some challenges but development experts are urging IFC to take a close look at the program and learn from its alleged failures.
- Region
- Sub-Saharan Africa
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Press Release: Latin American Fintech Kiwi Raises $80 Million to Provide Underbanked Consumers with Credit Access in the U.S.
Kiwi, a fintech dedicated to helping consumers build credit history and improve financial literacy, announced that it has closed a credit facility and funding round.
- Categories
- Finance, Technology
- Region
- Latin America
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African B2B E-Commerce Startup Sabi Tops $300 Million Valuation in New Funding
Sabi is providing digital commerce infrastructure to Africa’s informal economy.
- Categories
- Finance, Technology