-
Citi, OPIC and Bank Of Georgia Support Growth of Microfinance Sector in Georgia with $10 Million Term Funding
New York – Citi, the Overseas Private Investment Corporation (OPIC), and the Bank of Georgia announced the closing of a USD $10 million term loan to fund the growth of Bank of Georgia’s Microfinance portfolio to promote the financial inclusion of micro-entrepreneurs and small businesses in the Republic of Georgia.
- Categories
- Uncategorized
- Tags
- microfinance
-
Mobile banking clients cross 10m mark in Bangladesh
“The milestone has been achieved in just three years, contributing a lot to the financial inclusion initiative”
- Categories
- Uncategorized
- Region
- South Asia
-
African consumers slow to use advances in money
Distrust of mobile payments costs bank customers money for every transfer they make.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
-
Crowdfunding Without Kickstarter
Entrepreneurs built their own website after being rejected from Kickstarter.
- Categories
- Uncategorized
- Tags
- crowdfunding
-
China’s Alipay mobile wallet app users have almost reached 100 million
China's largest e-payment company Alibaba Group Holding Ltd's Alipay Wednesday said that users of its "mobile wallet" app have reached nearly 100 million across the nation so far.
- Categories
- Technology
- Region
- Asia Pacific
-
Operation Hope Summit: Reaching the Bottom of America’s Pyramid
Rather than casting the poor as lazy or ignorant, society should be looking for ways to redirect their latent talents and connect them with opportunity.
- Categories
- Uncategorized
-
Accion’s Venture Lab Closes Two New Investments
Impact-investing initiative announces close of investments in seed-stage companies that provide payments, health care and microinsurance products to clients at the base of the pyramid.
- Categories
- Health Care
-
What General Electric’s Big Bet On Crowdfunding Looks Like
If you're closely watching the developing situation around crowdfunding, one of the themes you start to see is that expertise matters - and therefore the whole crusade to provide a platform for funding but little else may need to be reevaluated. Because investors that only provide capital and not industry knowledge and contacts are shortchanging the entrepreneur.
- Categories
- Uncategorized
- Tags
- crowdfunding