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WorldRemit Raises $175m at $900m+ Valuation to Help Users Send Money to Contacts in Emerging Markets
The company has to date focused on providing remittance services to individuals, specifically to help people living and working abroad to send money to friends and family back home, by way of an app.
- Categories
- Finance
- Tags
- remittances
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Report: India’s Microfinance Industry Posts 38% Growth in 2018-19
In 2018-19, microfinance in India showed rapid, regionally-balanced and resilient growth, said Harsh Shrivastava, chief executive officer, MFIN.
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance
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Trulioo Teams With Refinitiv To Bring 5B Consumers Into The Financial Mainstream
Trulioo said it is teaming with Refinitiv — operator of the World-Check Risk Intelligence database — to promote global financial inclusion and fight fraud.
- Categories
- Finance, Technology
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Report: Global Fintech Adoption Grew 64% in 2019; India and China ahead in Emerging Markets
In the emerging markets, Russia and South Africa are trailing closely behind China and India.
- Categories
- Finance, Technology
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In Fintech Race, Go-Jek App Extends Consumer Credit to Offline Stores
PayLater marks 'beginning' of more financial services for Indonesia's unbanked.
- Categories
- Finance
- Region
- Asia Pacific
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Bank of Ghana Clean-Up Leaves Only 137 Microfinance Companies in Good Standing
The Bank of Ghana in the statement explained that new measures have been put in place to ensure that existing institutions remain structurally and administratively safe enough to continue with their businesses by complying with its regulations.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- microfinance
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Report: Equity Bank Commended for Financial Inclusion of Refugees
Equity Bank has been featured in a recent report by International Finance Corporation (IFC) and Bridgespan titled “Private Sector and Refugees: Pathways to Scale.”
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Press Release: Whole Planet Foundation Annual Prosperity Campaign Surpasses $4 Million for Microentrepreneurs
During their Annual Prosperity Campaign, Whole Planet Foundation, with the help of Amazon and other supplier partners, raised more than $4 million to fund their mission of ending global poverty through microcredit.
- Categories
- Finance