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IDB Launches Initiative to Promote Savings for Retirement in Latin America and the Caribbean
According to the IDB, most workers in Latin America and the Caribbean are not saving for retirement, which will make it difficult for them to have a good life when they reach old age, especially for low-income and independent workers.
- Region
- Latin America
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Press release: Bamboo Capital Partners exits from Mibanco, Latin America’s largest microfinance provider
Bamboo’s investment in Mibanco via its Financial Inclusion Fund I (FIF I) is Bamboo’s most significant investment to date. Following the investment, which made Bamboo the largest minority shareholder, the firm held a seat at Mibanco’s board where it provided strategic input and guidance throughout the investment period.
- Source
- Press release
- Categories
- Investing
- Region
- Latin America
- Tags
- microfinance
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Inter-American Development Bank Publishes Report on Fintech Sandboxes
According to the IDB report, Fintech has been gaining strength throughout the Latin American and Caribbean region.
- Categories
- Finance
- Region
- Latin America
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Press release: IFC and Itaú Unibanco partner to improve financial education for women entrepreneurs in Brazil
IFC and Itaú will work to design and implement an eLearning video course directed to women entrepreneurs - owners or shareholders of businesses of all types and in any stage of maturity- in partnership with EduK, one of the largest online learning platforms in Latin America. The content of the course will include methodologies to evaluate the profitability of businesses as well as classes on growth strategies and techniques, and financial management.
- Source
- Press release
- Categories
- Uncategorized
- Region
- Latin America
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Press release: Alipay Expands Global Footprint Into Mexico Through Partnership With Openpay
Alipay, the world’s leading digital payments platform, operated by Ant Financial Services Group, today announced that it is further expanding its footprint in the Americas through a partnership with Openpay in Mexico. Now, Alipay’s more than 600 million active users in China will be able to use Alipay to make purchases from Openpay’s affiliated businesses in Mexico. Alipay is China’s leading payment provider and the primary means of online and mobile payment for Chinese consumers.
- Categories
- Finance
- Region
- Latin America
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After Years Of Violence, Chef Offers Colombian Farmers Pride And Profit
A Colombian chef turned social entrepreneur, Leonor Espinosa has made it her mission to revive traditional agriculture, ancestral foodways and culinary know-how among rural, mainly indigenous and Afro-Colombian people.
- Categories
- Agriculture
- Region
- Latin America
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Press release: The Aspen Network of Development Entrepreneurs and MetLife Foundation announce awards to support financial inclusion in Latin America
The goal of the ANDE Catalyst Fund is to increase the productivity and effectiveness of ANDE members, while creating tools and insights that can help the small and growing business (SGB) sector as a whole. This round’s winners—ARTEMISIA, New Ventures, Village Capital, and World Vision Canada—are working to increase access to financial services for low- and moderate-income Latin Americans.
- Categories
- Uncategorized
- Region
- Latin America
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Can The World’s Underbanked Leapfrog On To A New Blockchain Financial System?
Moeda is a new startup that allows investors to use the blockchain to support cooperatives in rural Brazil–in a different way than is possible in the current system.
- Categories
- Finance
- Region
- Latin America