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CreditAccess Grameen Bolsters its Microfinance Impact with USD $75 Million Social Loan
This move enhances CA Grameen's presence in international markets, with the company raising over USD 300 million in commitments globally this fiscal year.
- Categories
- Investing
- Region
- Asia Pacific
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Western Union and Sasai Fintech Boost Digital Remittance Access for South Africa’s Consumers
Through this app, customers can transfer funds to billions of bank accounts and wallets worldwide, or for cash pick-up at hundreds of thousands of retail locations.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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South African Anti-Fraud Startup Orca Secures $2.35 Million Seed Round to Protect Emerging Market Payment Rails
As financial inclusion accelerates across Africa, largely driven by mobile money and e-wallets, cybercrime has followed suit. According to an Interpol report, South Africa was the most cyber-attacked country on the continent and the third most globally in 2021.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Silverflow Secures $40 Million to Grow Global Payments Platform
The new capital will also support geographic expansion, particularly in North America through the company’s New York operations, while strengthening its presence in Southeast Asia.
- Categories
- Technology
- Region
- Global
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Analysis: Innovation Under Constraint in the Global South
For the impact economy, the central challenge is not replication but responsibility. If scale reshapes power, then impact-aligned capital must take responsibility for how that power is structured and where value ultimately accrues.
- Categories
- Social Enterprise
- Region
- Global
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Proparco Grants Wema Bank a First €5 Million Guarantee to Finance Impact-Driven MSMEs in Nigeria
Proparco is granting a NGN 9 billion ARIZ portfolio guarantee (equivalent to €5 million) to Wema Bank in Nigeria. This marks the first collaboration between the two institutions.
- Categories
- Investing, Social Enterprise
- Region
- Sub-Saharan Africa
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Airtel Money Gets $2.2 Billion Injection as It Takes on Jio Financial
Airtel Money, a “high-performance credit engine”, aims to narrow the credit gap, as millions of Indians are still without a traditional bank account.
- Categories
- Finance, Telecommunications
- Region
- Asia Pacific
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Leveraging the Currency of Trust: How Social Commerce Data Can Inform Risk Management and Bring Formal Finance to Women-Led MSMEs
Across emerging markets, millions of women entrepreneurs operate in trust-based economies invisible to formal credit systems. As Nabilla Prita Fiandini and Monica Christy at MicroSave Consulting (MSC) explain, these businesses rely on their social reputations and customer relationships to survive, and often use platforms like Facebook and WhatsApp to market their products. They share insights from a recent MSC report based on surveys and interviews with hundreds of social sellers across Indonesia, exploring how data from these entrepreneurs' social commerce activity can be used to boost their access to formal finance.
- Categories
- Finance
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