-
Gates Foundation lays out its 3 steps to global financial inclusion
“In the case of financial inclusion, it’s not about building a parallel system for poor people, but it’s about building inclusive solution for everyone,” Voorhies said.
-
India accounts for 55% of new bank accounts opened globally: World Bank
India's financial inclusion efforts have won recognition from the World Bank as their data indicate that 55 per cent of new bank accounts opened are from India, Financial Services Secretary Rajiv Kumar said.
- Region
- South Asia
-
100m Pakistanis without a bank account, says World Bank
Pakistan is home to 100 million adults without a bank account, with 13 per cent adults citing religious concerns as a reason for not having account at a financial institution, a World Bank report on the use of financial services revealed.
- Region
- South Asia
-
Mobile money-saving app Qapital raises $30 million to spend on growth
Qapital, one of a slew of mobile applications trying to make it easier for users to save money (and spend it more wisely), has raised $30 million in fresh financing as it expands beyond savings to offer investment advisory services.
- Categories
- Finance
-
Report: Central Bank Requirements Could Put at Least 289 Microfinance Companies Out of Business in Ghana
According to the Ghana Microfinance Institutions Network (GHAMFIN), just about 30 out of the 319 microfinance companies are in good standing.
- Region
- Sub-Saharan Africa
- Tags
- microfinance, regulations
-
Financial inclusion is improving around the world—but women are still missing out
In developing countries, the gap in financial inclusion between men and women has stalled at nine percentage points.
-
Tunisia operators make mobile money interoperable
Tunisia became the latest country to introduce interoperability between rival mobile money services, with the functionality set to be expanded to traditional financial institutions.
- Categories
- Finance
- Region
- North Africa & Near East
-
Press release: Evidence for competitive financial performance of impact investing through private debt highlighted by new study
A new report by the Global Impact Investing Network (GIIN) and Symbiotics, which analyzes the performance of impact investing through private debt, finds that private debt funds seeking positive impact can offer very stable returns across various risk-return strategies.
- Categories
- Investing
- Tags
- impact investing