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How Mastercard’s CEO is Working Toward Financial Inclusion During the Pandemic
“I believe that digitization is a mechanism to deliver inclusive growth,” he said, “but digitization is also the vehicle for those who are left out to feel even further left out.”
- Categories
- Coronavirus, Finance
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Emerging Markets-Focused Microfinance Holding Firm Gojo Raises $22M
The latest investment follows Gojo’s $40 million Series C round announced in October 2019. The company expects to announce the final close of its Series D round by July.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- microfinance
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Protecting Microfinance Institutions and Clients in COVID-19 Crisis
Cordaid Investment Management and a group of other microfinance lenders and key players in inclusive finance worked on a set of principles to better support the microfinance sector in the health and economic crisis caused by the Covid-19.
- Categories
- Coronavirus, Finance
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Bandhan Bank Shares Have Gained 54% Since Lockdown Started — But the Numbers Will Reveal the Real Damage to Rural India From COVID-19
As one of India's largest microfinance institutions, its balance sheet will reflect the true state of affairs in rural areas.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Study Examines India’s Policies for Financial Inclusion of the Unbanked
With about 190 million unbanked adults, India is second only to China among developing countries in the number of residents who don't have bank accounts or participate in the formal financial sector, according to World Bank.
- Categories
- Finance
- Region
- South Asia
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Mastercard Expands Global Commitment To Connect 1B People
Mastercard’s latest pledge builds on its 2015 financial inclusion effort to bring financial services to 500 million people. It also builds on the firm’s goals of reaching out to people all over the world who are facing physical and financial health issues due to COVID-19.
- Categories
- Finance
- Region
- Asia Pacific
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Pandemic Disrupts Remittances, Leaving Immigrants’ Families Without Lifelines
In normal times, millions of small financial transactions take place daily worldwide when immigrants wire a portion of their earnings to loved ones back home.
- Categories
- Coronavirus, Finance
- Tags
- migrants, remittances
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Mobile Money Helps Displaced Congolese Survive Amid Coronavirus Threat
Vital help now comes by mobile phone and hence reduces the transmission risks linked with physical interactions.
- Categories
- Coronavirus, Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- cash transfers
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