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Honest’s $140 Million Boost: Can Indonesia’s Fastest-Growing Credit Card Startup Redefine Consumer Finance?
Backed by global investors and fresh capital, Jakarta-based Honest is betting on speed, digital-first products, and financial inclusion to challenge traditional banks.
- Categories
- Finance, Technology
- Region
- South Asia
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Biodiversity Gets Its ISO Moment: Nature Accounting Arrives
By formalizing the emerging field of nature accounting, it could prove almost as consequential for corporate sustainability as the Paris Agreement was for climate, especially if it triggers the same kind of data-driven accountability shift.
- Categories
- Environment, Finance
- Region
- Global
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ADB, World Bank Sign $3 Billion Agreement to Boost Lending Capacity in Asia and the Pacific
The agreement is ADB’s first EEA with the World Bank and its sixth EEA with other multilateral development banks (MDBs) since 2020, bringing the cumulative exchanged amount to $9 billion.
- Categories
- Finance
- Region
- Asia Pacific
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M-KOPA Posts First Ever Profit, Bets on E-Mobility for Next Growth Phase
The Nairobi-based fintech swung to a US$9.2 million profit in 2024 from a US$20.6 million loss the previous year, according to audited results seen by The Kenyan Wall Street.
- Categories
- Finance, Technology, Transportation
- Region
- Sub-Saharan Africa
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CBC Group Raises $500 Million for Record-Breaking Healthcare Fund
Healthcare plays a pivotal role in this growth, contributing to 20% of direct lending deals in 2024 as per Prospect Capital's analysis of PitchBook data.
- Categories
- Finance, Health Care
- Region
- Asia Pacific
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The Bank of Industry and Bumpa to Empower 200 Youth-led MSMEs
"The collaboration, implemented under the youth and skills thematic area of the bank, aims to address the critical challenge of market access for young entrepreneurs . . . "
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Swedfund Boosts Financial Access in Southern Africa With $15 Million Loan to Select Africa
The investment aims to enhance access to credit for low-income individuals who are often excluded from traditional banking systems.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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SACCOs, Social Collateral and Bitcoin Communities: A Filmmaker Documents New (and Old) Ways to Extend Financial Inclusion Past the Limits of Fintech
Luke Willms worked at an African NGO, where he was tasked with creating short videos to showcase the positive impacts of its microcredit program. But as the video project progressed, his assumptions about the effectiveness of microfinance began to unravel. He would spend the next seven years filming stories from across Africa and other regions, exploring whether microlending still held relevance in a rapidly changing world. The resulting documentary, “Unbankable,” was released last year, with the goal of helping to reframe the global conversation around financial inclusion. He shares key stories from the movie, which show how Africa’s informal, trust-based financial systems offer models of resilience and adaptation that could find new applications in other emerging countries.
- Categories
- Finance, Technology