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MetLife Foundation Partners with Kiva to Support Entrepreneurs and Build Financial Inclusion
MetLife Foundation has partnered with Kiva, a global non-governmental organization, to support entrepreneurs around the world through an employee engagement campaign. As part of this programme, a fully funded US$25 loan has been allocated to each of MetLife's 23,000 employees in Asia to help entrepreneurs start, sustain and grow their businesses.
- Categories
- Uncategorized
- Region
- Asia Pacific
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PayPal Joins Indonesian Venture Firm to Develop Fintech Startups
PayPal Holdings Inc. is teaming up with Indonesian venture-capital firm Alpha JWC Ventures to back emerging financial technologies that can be developed for Southeast Asia.
- Region
- Asia Pacific
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Zimbabwe bans banks from processing payments for cryptocurrencies
Zimbabwe’s central bank has stopped local banks from trading or processing payments linked to cryptocurrencies like bitcoin, its governor said on Monday, but stopped short of banning local cryptocurrency trading exchanges.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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India largest remittance-receiving country in the world: Report
India was the largest remittance-receiving country in the world, with migrant workers from the country sending home USD 69 billion in 2017, according to a report which said remittances to the Asia-Pacific region amounted to US 256 billion last year.
- Region
- South Asia
- Tags
- remittances
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Financial inclusion is making great strides
In both rich and poor countries, financial technology, or fintech, is already seen as the dominant force behind the big advances of recent years recorded in the Findex
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Pairing access to finance and energy to solve global poverty
Pairing access to finance with access to energy can help more than a billion people raise their standard of living, banish poverty to the past and no longer be counted among the unbanked.
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Advances and lessons learned from BIM, Peru’s first mobile money wallet
BIM recently announced its plans to launch new services in the second half of 2017. It will enable customers to pay electricity, water and telephone bills, as well as have access to micro savings, loans, and microinsurance.
- Categories
- Finance
- Region
- Latin America
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What’s the future of mobile payments in Nigeria?
In March 2018, the Central Bank of Nigeria shared its vision to achieve at least 80% financial inclusion by 2020.
- Categories
- Finance
- Region
- Sub-Saharan Africa